something behind the scenes at MESA

[satpak77]

FYI that MESA is undergoing huge buying of its stock by unknown players. This has been happening since mid-February 2009. Today witnessed 5 times its normal trading volume.

I wonder what is up....

 

[SpauldingSmails]

Delta Air Lines has been quietly buying up a controlling share in Mesa Air Group at a bargain price.

It was discovered this was less expensive than legal fees to cancel their contract.

 

[crj567]

Also cheaper than the equivalent amount of toilet paper....

 

[Wesb737fo]

MESA Sucks!

Ha ....got one in there. Although 34 minutes is probably far from the record.

 

[Grinder10]

Delta Air Lines has been quietly buying up a controlling share in Mesa Air Group at a bargain price.

It was discovered this was less expensive than legal fees to cancel their contract.

I can't believe that Delta/US Airways/United/Skywest/Expressjet or anyone with $5 million and something to gain from their demise hasn't done this yet.

 

[Metro752]

Five days to go.

 

[captfred]

Five days to go.

5 days to go for what??

 

[laserman2431]

5 days to go for what??

I think he was referring to a ruling in the Mesa -vs- Delta court case. I'm not sure that the end of April was a firm deadline. I think these courts kind of operate on their own timeline. I think the end of April was a target date. Not really sure. I can't imagine why it is taking so long.

I assume the airlines, especially Delta, have contingency plans in place. Still the logistics of replacing the Mesa flying seems staggering. Especially as we get closer to summer. I think if it goes in Delta's favor, the training departments at Comair and ASA will go into turbo mode.

I believe Comair has about 300 on furlough and ASA had about 80. Please correct me if I'm wrong (likely). Anyone know haw many Mesa pilots are on the Delta side?

It could even force Mesa into bankruptcy which could mean an out for USAir and United.

 

[kf4amu]

It could even force Mesa into bankruptcy which could mean an out for USAir and United.

The America West contract with Mesa is one of Mesa's most profitable since AW never went bankrupt and renegotiated their contract like most other majors did.

If Mesa files, the BK judge will most likely keep the US flying intact.

 

[Jon Rivoli]

What was meant is that these contracts usually have an escape clause wherein if the contracted carrier (MESA) files for bankruptcy, the contracting carrier (U.S. Airways) then has the option of terminating the contract without penalty. Mesa's bankruptcy judge would have no say in the matter.

 

[CX880]

Nothing's going to happen. JO has figured it all out, the only way to have any success in this business is to be a cut throat convicted loon because airlines are like no other business. Cockroaches and Mesa remember? I'm surprised they're taking this to the wire. I guess it is in the South.

 

[PBRstreetgang]

Nothing's going to happen. JO has figured it all out, the only way to have any success in this business is to be a cut throat convicted loon because airlines are like no other business. Cockroaches and Mesa remember? I'm surprised they're taking this to the wire. I guess it is in the South.

Says the guy who rims Hula's goats, don't fret, after you upgrade you will get to practice your expert rimming skills on good old Uncle Hulas.
PBR

 

[CX880]

Says the guy who rims Hula's goats, don't fret, after you upgrade you will get to practice your expert rimming skills on good old Uncle Hulas.
PBR

I can't wait. When you upgrade, he gives free first class rides to his mansion in Miami. That's where he keeps his famed goat farm.

 

[crj567]

I can't wait. When you upgrade, he gives free first class rides to his mansion in Miami. That's where he keeps his famed goat farm.

WOW-

Do you get sloppy seconds?

 

[PBRstreetgang]

WOW-

Do you get sloppy seconds?

As a new upgrade he will be entitled to first access to Hulas's tater, the goats all need their taters rimmed to keep them happy, and that duty still will fall to the F/O of gheyjhet.
PBR

 

[PBRstreetgang]

WOW-

Do you get sloppy seconds?

As a new upgrade he will be entitled to first access to Hulas's tater, the goats all need their taters rimmed to keep them happy, and that duty still will fall to the F/Os of gheyjhet.
PBR