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Why Is Mesa Stock Skyrocketing??

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How have you all let a Mesa thread go this long without.....

MESA SUCKS!
 
No offense, Pdub, but I don't really think this is a good thing. I'm glad you're not on the street against your will, but the longer Orenstein is in this business, the worse off we all are. I hope you find other employment and JO rots in hell.
 
well now the pilot group has ALL the leverage....its time to kick AZZ and take names!!!!!! BWAHAHAHa we're not letting MGT get off that easy.
 
well now the pilot group has ALL the leverage....its time to kick AZZ and take names!!!!!! BWAHAHAHa we're not letting MGT get off that easy.

The only thing YOU can do to improve your situation is what I and 700 other pilots did last year... and thats LEAVE!
 
This is why....

http://atlanta.bizjournals.com/atlanta/stories/2008/05/26/daily15.html?ana=yfcpc

Tuesday, May 27, 2008 - 4:41 PM EDT


Mesa stock up on injunction filing


Atlanta Business Chronicle


Mesa Air Group said it will file for bankruptcy protection by July 20 and cut 700 jobs if its loses its regional carrier contract with Delta Air Lines Inc. (NYSE: DAL), according to a report by the Associated Press.
Phoenix-based Mesa filed an injunction Tuesday to block Delta's decision to end the contract with Mesa subsidiary Freedom Airlines, according to the report.
Atlanta-based Delta told Mesa in March it wanted to terminate its Delta Connection agreement because of Mesa's failure to maintain a specified completion rate through Freedom Airlines.
Last week, Mesa said it stood to lose as much as 20 percent of its revenue if the Delta contract is ended.
Shares of Mesa (NASDAQ: MESA) jumped 8.4 percent to close at 50 cents.
 
The only thing YOU can do to improve your situation is what I and 700 other pilots did last year... and thats LEAVE!

see, thats the problem. nobody wants to fix what is wrong with this airline. Everyone wants to get their time and leave. Since the majors arent hiring, the pilost have no choice but to stay and fight.
 
see, thats the problem. nobody wants to fix what is wrong with this airline. Everyone wants to get their time and leave. Since the majors arent hiring, the pilost have no choice but to stay and fight.

I disagree. The problem is people like you going to work for that scumbag operation when every other regional is hiring, enabling the company to continue ruining lives. People DO have a choice to leave... hence the massive attrition last year. It still boggles my mind that ANYONE went there to work in the last year when almost every regional was hiring pilots with less than 1000 hours.
 
Mesa won their suit against Delta.

If I remember correctly, a preliminary injunction means that there is simply enough evidence to hear the case and things are to remain status quo until the hearings are final.

Hardly a win.
 
If I remember correctly, a preliminary injunction means that there is simply enough evidence to hear the case and things are to remain status quo until the hearings are final.

Hardly a win.

Exactly. But I guess when you work for Mesa you'll grasp at anything positive.
 
Exactly. But I guess when you work for Mesa you'll grasp at anything positive.

It is very hard to win one of these injuctions. There must be enough merit to warrant a very costly trial.
Maybe they will now settle and pick on Comairs 50 seaters. I am not wishing that but, this should be a good sign to all other contract carriers.
 
Are you suggesting you'd rather see Comair take the fall than Mesa/Freedom so that other DCI carriers can feel secure in their contract with Daddy D?
 
It is very hard to win one of these injuctions. There must be enough merit to warrant a very costly trial.
Maybe they will now settle and pick on Comairs 50 seaters. I am not wishing that but, this should be a good sign to all other contract carriers.

So you're a lawyer when you're not flying?

You're mistaken. If you know how judges think, you know that a judge would rather send a high profile case downstream then get blamed for stopping it before the arguments see the light of day (and the newspapers). No judge is going to stop this thing in a preliminary hearing. Especially when the company hangs bankruptcy on the decision.

The injunction was guaranteed.
 

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