Shoulda Bought Mesa Stock!

[siucavflight]

Ok... Let me appeal to your (and to those of like mind) intrest here:

Do you really want to Mesa to go under, dumping nearly 1500 pilots on the job market? After all, maybe they will be competing with YOU.

Just a thought. Have a nice day.

Absolutely yes, we are not very concerned about how many pilots are out there, the concern is how many small 50 seat jets can the market support, the less that are out there the less that we have to worry about our jobs. True for those that are looking for jobs are going to have a tougher time, and oh no, might have to have a few thousad hours to get a job with a regional.

 

[Pilot124]

I would rather not gain anything than sell my soul to the devil and buy that stock. BURN MESA!!!!:angryfire

 

[CLARKGRSWOLD]

your an idiot

 

[Turtlesfly]

YOU'RE a bigger idiot. Way to call out somebody as stupid when you can't spell.

 

[Airbus300]

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[FONT='TIMES NEW ROMAN', TIMES]RECENT EVENTS [/FONT][/FONT]​

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On March 28, 2008, Delta Air Lines, Inc. (“Delta”) notified the Company of its intent to terminate the Delta Connection Agreement among Delta, the Company, and its wholly-owned subsidiary, Freedom Airlines, Inc. (“Freedom”), dated as of May 3, 2005 (as amended, the “Connection Agreement”). Delta seeks to terminate the Connection Agreement as a result of Freedom’s alleged failure to maintain a specified completion rate with respect to its ERJ-145 Delta Connection flights during three months of the six-month period September 2007 through February 2008. [/FONT]​

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If Delta is successful in terminating the Connection Agreement, the Company cannot predict as of the date of this proxy statement the total severity or extent of the combined impact of a termination upon the Company’s operations, revenues, employees or ability in the future to operate as a going concern. The ERJ-145 Delta Connection flights Delta is seeking to terminate generate in excess of $20 million per month in revenue for the Company and employ approximately 340 pilots, 170 flight attendants, 150 mechanics and 100 other support positions. [/FONT]​

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If Delta is successful in its efforts to terminate the agreement, the Company may be unable to redeploy the ERJ-145 aircraft in a timely manner or at the lease rates the Company receives under the Delta Connection Agreement. [/FONT]​

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The Company denies there is any basis for terminating the Connection Agreement and on April 7, 2008, the Company filed a lawsuit against Delta alleging breach of the Connection Agreement and seeking specific performance by Delta of its obligations under the Connection Agreement. [/FONT]​

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[FONT='TIMES NEW ROMAN', TIMES]PROPOSAL NO. 1 TO BE VOTED ON [/FONT][/FONT]​

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ISSUANCE OF SUCH NUMBER OF SHARES OF THE COMPANY’S COMMON STOCK AS MAY BE NECESSARY TO REPURCHASE ALL OF ITS OUTSTANDING SENIOR CONVERTIBLE NOTES DUE 2023 IF THE COMPANY IS REQUIRED BY NOTEHOLDERS TO REPURCHASE THE NOTES IN ACCORDANCE WITH THE INDENTURE DATED JUNE 16, 2003, AND IF THE COMPANY ELECTS TO SATISFY ITS REPURCHASE OBLIGATION BY ISSUING SHARES OF COMMON STOC[/FONT]​

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...looks like they want permission to issue a lot more stock, which would end up lowering the stock price.[/FONT]​

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