Mesa, not Wexford, buys Midway

[Flywrite]

http://biz.yahoo.com/ap/031210/midway_airlines_1.html

 

[Be200pilot]

wow, i didnt expect that to happen

 

[Skull-One]

I'm going to start calling him "BORGenstein."

"Resistance......is futile...."

 

[Tim47SIP]

Good news for ACA?

Maybe this will get Mesa off of ACA's back for a while. I am not sure if Mesa can acquire an additional airline at this moment. I thought that Midway flew more than 8 jets. Well, that isn't enough to cover ACA's routes with United, but it's a start. I guess the pilots will more than likely not go with the aircraft considering their future employer.

 

[spitfire1940]

nice hooters

Be200
... those have got to be fake

Mesa? Wexford? Who cares? If you're a new commuter FO, yer gettin the shaft (apologies to all who think it's great to fly for $18k)

 

[Rottweiller]

Re: Good news for ACA?

Maybe this will get Mesa off of ACA's back for a while. I am not sure if Mesa can acquire an additional airline at this moment. I thought that Midway flew more than 8 jets. Well, that isn't enough to cover ACA's routes with United, but it's a start. I guess the pilots will more than likely not go with the aircraft considering their future employer.

Why should they drop their bid for ACA? MESA need far more aircraft than Midway has to offer for UAE. This isn't finished by any short straw.

 

[I.P. Freley]

>>>Mesa? Wexford? Who cares? If you're a new commuter FO, yer gettin the shaft (apologies to all who think it's great to fly for $18k)<<<

Hmmmm.... Can't speak for Mesa, but I don't think any Wexford companies pay that little for FO's. Makes for good flamebait, though.

 

[spitfire1940]

OK OK,
sorry about that. MESA says that base pay begins at $1,400 to $1,600 per month, not including per diem.

So $1,600 per month comes out to $19,200, add that huge per diem and subtract taxes ... where I live (the DC area) that's about poverty level ... certainly not as good as what you can make driving a truck.

To me, that makes flying for any of these companies a potential second job, but just flying for Mesa would mean slow starvation for my family, mortage foreclosure, etc.


Still think it's flame bait?

 

[spitfire1940]

hey I.P.

sorry if I sounded confrontational, I'm not trying to pick a flame fight or anything, just the end of another day at the office with little hope of a flying job in the near future

 

[POKEY]

I think this means MESA needs ACA now more than ever. Part of the reason for going after ACA was "access to capital markets" so they could finance all those RJ orders. Now with the Midway cert. MESA has just gotten 8 airplanes pretty cheap but, they also took on about 90mil. in debt. This whole deal is gettin real interestin.

 

[jobear]

Officials with Mesa, based in Phoenix, Ariz., bid $9.15 million for Midway's certificate and eight jets.

How far are Mesa's creditors willing/able to extend credit for another aquisition?

Jobear

 

[I.P. Freley]

Spitfire...

It's all good... Mesa may pay that low but Wexford doesn't. Not MUCH more, but more nonetheless.

 

[belchfire]

I am surprised...Maybe all the stuff with
ACA was smoke to cover the Midway
purchase...(Borg)enstein is a good one...
but it has been used to describe the Borgish
AAsimilation and disintegration of TWA
by the worlds largest and most user hostile
airline.