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Mesa to file bankruptcy

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Whenever I think about people going to work for Mesa I think of the movie The Breakfast Club. You know, the part when Bender asks Carl the janitor "How does one become a janitor?" and Carl says "You want to be a janitor?" Then Bender says "I just wanna know how one becomes a janitor because Andrew here is very interested in pursuing a career in the custodial arts."

Now just substitute "janitor" with "Mesa pilot". I want to know how one becomes a Mesa pilot. Can someone tell me?
 
Ezralite said:
Whenever I think about people going to work for Mesa I think of the movie The Breakfast Club. You know, the part when Bender asks Carl the janitor "How does one become a janitor?" and Carl says "You want to be a janitor?" Then Bender says "I just wanna know how one becomes a janitor because Andrew here is very interested in pursuing a career in the custodial arts."

Now just substitute "janitor" with "Mesa pilot". I want to know how one becomes a Mesa pilot. Can someone tell me?
Click to expand...


Uh huh. Tell that to the hundreds, if not thousands, of former Mesa pilots now working at their dream jobs at legacies, LCC's, and fractionals.
 
Shareholds big

SOURCE: Arizona Republic
http://www.azcentral.com/arizonarepublic/business/articles/0418biz-mesaair0418.html

Mesa Air Group chairman notes struggle ahead
Ornstein sidesteps shareholder queries on possibility of bankruptcy for airline
Dawn Gilbertson
The Arizona Republic
Apr. 18, 2008 12:00 AM

The first question posed to Mesa Air Group Chairman Jonathan Ornstein at the airline's annual shareholders meeting Thursday was one that has been on the minds of many of the struggling airline's investors:

Is a bankruptcy filing inevitable?

Ornstein said he doesn't believe "anything is inevitable" but conceded that the Phoenix-based regional carrier's challenges are daunting. "It's going to be tricky," he said.

Mesa, short on cash after an $80 million court judgment in Hawaii, losses in its Hawaiian operations and other factors, should have a clearer picture of the situation in the next few weeks, Ornstein said.

"We will do everything we can to see the company through this difficult period," he said.

In the brief meeting at the company's headquarters, he did not update shareholders on the airline's cash position or its efforts to raise money. Its last financial results were released in February.

Ornstein has said for months that Mesa wants to raise $50 million and that its options include selling its spare-parts inventory.

The airline also recently filed paperwork to seek shareholder approval to issue stock to repay $38 million in bonds coming due. The outlook for such an offering is unclear given the freefall in Mesa's stock, which significantly increases the number of shares it needs to issue to pay off the bonds.

Mesa has filed a lawsuit to block the cancellation of the contract. At the same time, it is also looking at its options, because the loss of business would mean Mesa has to find homes for 36 regional jets that aren't popular in the industry right now. :puke: MESA
 
I think the more interesting questions are:

  • How would Mesa restructure under bankruptcy and what would a "new" leaner and meaner Mesa look like?
  • Will there be a shake-up of the BOD?
  • Will there be a "graceful exit" allowed for the CEO?
Bad stuff, all around for the Mesa pilots. Christ, they might have to take a concessionary contract after all. YIKES! :eek:

If so, I'd hope that they do everything short of a job action (cough, cough, hint hint) . . . I mean . . concessionary contract, diminished job prospects, furloughs, and a big fat bonus for the boss. Sheesh.
 
Soverytired said:
Uh huh. Tell that to the hundreds, if not thousands, of former Mesa pilots now working at their dream jobs at legacies, LCC's, and fractionals.
Click to expand...

I think I've flown with some of those guys. You ask them where they used to work and they curl up into the fetal position and cry uncontrollably.
 
"Mesa has lowered the bar far enough and if you work there, you're part of the problem."

Hmmm. Guess I should remember that the next time you request a jumpseat you d-bag. How high and mighty you are. At the end of the day I have a job and I'm trying to do it. And what do I get? Some jerk who thinks they know it all and have the answer to everything telling me how much we suck. We know that and dont need your arrogance remind us of it. If you knew any of us in the pilot core I highly doubt you would post such a thing. I'm not JO. I dont drink MESA-ade, I am not looking for a quick upgrade and I don't make the rules. Pull your head out of your @$$ and realize that in the end, whether you like it or not, we are all in this together. So get off the bullypulpit and and remember that you are no better than anyone else just because you work for ABC airlines.
 
I used to say a prayer every time my phone rang with that special phoenix number...
"dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... dear lord, please make me a bird, so I can fly far far away... "


Best of luck to the mesa guys gals, you really are good people. Unfortunately, I don't see Mesa being 'round come football season...
 
Who cares?
 
Soverytired said:
I think the more interesting questions are:
  • How would Mesa restructure under bankruptcy and what would a "new" leaner and meaner Mesa look like?
  • Will there be a shake-up of the BOD?
  • Will there be a "graceful exit" allowed for the CEO?
Bad stuff, all around for the Mesa pilots. Christ, they might have to take a concessionary contract after all. YIKES! :eek:

If so, I'd hope that they do everything short of a job action (cough, cough, hint hint) . . . I mean . . concessionary contract, diminished job prospects, furloughs, and a big fat bonus for the boss. Sheesh.
Click to expand...

I honestly don't see much room for concessions, what else could they possibly give back?
 
[
  • How would Mesa restructure under bankruptcy and what would a "new" leaner and meaner Mesa look like?
  • Will there be a shake-up of the BOD?
  • Will there be a "graceful exit" allowed for the CEO?
Read the other stories on this, the BOD was re-elected and JO's contract was extended
 
Raoul Duke said:
[
  • How would Mesa restructure under bankruptcy and what would a "new" leaner and meaner Mesa look like?
  • Will there be a shake-up of the BOD?
  • Will there be a "graceful exit" allowed for the CEO?
Read the other stories on this, the BOD was re-elected and JO's contract was extended
Click to expand...

Smoke and Mirriors to protect the dropping stock price back then. Expect more of the same while they get their B.K. financial statement in order for the court..
 
Tar Heel said:
I dont drink MESA-ade, I am not looking for a quick upgrade and I don't make the rules.
Click to expand...
Then why on earth did you go to Mesa? Did you get turned down by everyone else, and they were the only one who would hire you?
I'm not being a jerk, I really want to know why the hell you would purposely go to the crappiest company if you were NOT looking for a quick upgrade.............I'm waiting............
 
Uncle Bunkle said:
Then why on earth did you go to Mesa? Did you get turned down by everyone else, and they were the only one who would hire you?
I'm not being a jerk, I really want to know why the hell you would purposely go to the crappiest company if you were NOT looking for a quick upgrade.............I'm waiting............
Click to expand...


You am a igit!
 
Uncle Bunkle said:
Then why on earth did you go to Mesa? Did you get turned down by everyone else, and they were the only one who would hire you?
I'm not being a jerk, I really want to know why the hell you would purposely go to the crappiest company if you were NOT looking for a quick upgrade.............I'm waiting............
Click to expand...

While you may not be a total jerk, you may have a different perspective (assuming you were a military pilot).

Really, the regionals, in general, were a place for guys to build time and get the he!! out to a better place, i.e. major airlines. Who wouldn't want a fast upgrade? The less time spent at a TSA, MESA, REP type regional the better. What is the better choice, go to a sh!tty place and spend 5 years waiting to upgrade, or go to a really sh!tty place and spend 2 to 3 years?

The real problem now is that we (major airline pilots) are, and have been willing to relax scope clauses so that these really sh!tty places now have 100 "regional" jets to fly. nuff said...out
 

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