Soverytired
Well-known member
- Joined
- Jan 30, 2006
- Posts
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Mesa late paying Durango airport bills
Director of aviation says company owes about $59,000 in rent, fees
http://durangoherald.com/asp-bin/ar...biz&article_path=/business/08/biz080416_1.htm
Again, I've been gone from Mesa for awhile, but my understanding was that is was actually Mesa S.O.P. even when flush with cash. The idea is that as long as the money is in Mesa's account, it's working for them. Why not fall delinquent by a couple of months if your vendors put up with it? Corporate ethics seems to be different than personal ethics, eh?
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The article basically confirms this anyway, although that last bit would put a serious hurt on Mesa if all their vendors do the same . . .:
Dent said this is not the first time Mesa has fallen behind on its payments since the carrier lost an $80 million lawsuit to Hawaiian Airlines in October.
"They get behind, we chase them and then they pay us," Dent said of the recent pattern between Mesa and the airport.
Dent said with the unstable financial situation in the industry, the airport commission may consider requiring Mesa to pay a three-month security deposit to cover future delinquencies