Fly4hire said:Focus: is this a self funded or DIP financed BK?
Yes, Mesaba Holdings has offered to be DIP with the money that Mesaba Airlines generates from NWA who only keeps Mesaba around to show a loss for tax season.
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Fly4hire said:Focus: is this a self funded or DIP financed BK?
Monster Buck said:Our protection is in appendix f. 1) any new airline subsidiary of MAIR Holdings, Inc. will be staffed by pilots on the Mesaba Pilots' System Seniotity List: 2) ...use our contract 3). all Mesaba pilots get to bid first on the new co.'s positions. 4) all of new co. pilots must be put on Mesaba's pilots seniority list. Also Big Sky...shall not operate aircraft with greater than 19 seats.
In addition our scope in section 1. locks in Mesaba aviation to the scope. This section also covers our scope over successorship, transfer of co. aircraft or merger.
IMHO this is the only thing that stopped the new crj going to Big Sky.
I hope our MEC is ready to throw down
Flyin4Free said:i haven't been around long enough to make my own opinions but it seems in talking with others that our MEC doesn't have much of a spine and will accept whatever mgt gives us. there aren't many that like the current contract so what makes you think the "it's a great deal for us" won't be said again??
Originally Posted by Monster Buck
Our protection is in appendix f. 1) any new airline subsidiary of MAIR Holdings, Inc. will be staffed by pilots on the Mesaba Pilots' System Seniotity List: 2) ...use our contract 3). all Mesaba pilots get to bid first on the new co.'s positions. 4) all of new co. pilots must be put on Mesaba's pilots seniority list. Also Big Sky...shall not operate aircraft with greater than 19 seats.
In addition our scope in section 1. locks in Mesaba aviation to the scope. This section also covers our scope over successorship, transfer of co. aircraft or merger
The only companies it would help would be Mair (who are not in BK) and Northwest
sf3boy said:I know how much you hate us regional pilots for stealing your jobs and routes with our trans continent
sf3boy said:We are now going to be forced by NWA and XJ management to fly even larger airframes for even less money. ALPA has always said we have to conserve jobs, help make the company profitable, blah blah blah. So we agree to fly an Airbus for just a little less than Jet Blue.
sf3boy said:Either way, you get your wish. Bad things are going to happen to Mesaba pilots.
As many have said before, the only thing that is wrong with XJ financials is the fact that NWA is not paying us.