Are the CRJ-550s Really Coming?
#451
Line Holder
Joined APC: Aug 2014
Position: BE-1900 Captain
Posts: 66
Correct, JO mentioned this but it is all contingent on what UA wants. As of now, GJ has an agreement with UA to be the sole 550 operator per contract for I believe 5 years (so 4 years left from now). Now I know this could obviously change but as of now it still stands. Mesa I seriously doubt has the cash to do expensive conversions from 700 to 550 right now and in any case would not do it unless it was sure they would have someone to fly them for (UA). Like I said nobody knows the future, contracts can be renegotiated, etc...But as of now this is all talk from JO. Im sure he would love to take GJ's flying, but as of now thats not whats happening.
#452
Gets Weekends Off
Joined APC: Sep 2019
Posts: 1,538
Mesa reported a profit in Q2 this year and is still sitting on a mountain of cash from the IPO. If UA wants Mesa to fly the 550s JO can afford the conversions and already owns the 700s.
#453
Line Holder
Joined APC: Aug 2014
Position: BE-1900 Captain
Posts: 66
Yeah I should have said that differently. Mesa does have the cash but would not invest it in conversions unless he had a solid deal to fly them for UA, which he doesnt right now. But with 550s sitting around ready to fly right now and not flying cause of low demand i dont see why UA would award JO a contract to fly any 550s right now. Lot of other factors here, and I cannot say enough that NOBODY on this board can predict the future of any airline right now. Be wary of posts that proclaim to do that.
#454
Yeah I should have said that differently. Mesa does have the cash but would not invest it in conversions unless he had a solid deal to fly them for UA, which he doesnt right now. But with 550s sitting around ready to fly right now and not flying cause of low demand i dont see why UA would award JO a contract to fly any 550s right now. Lot of other factors here, and I cannot say enough that NOBODY on this board can predict the future of any airline right now. Be wary of posts that proclaim to do that.
Curious, how much liquid cash does Mesa have on hand?
#455
Gets Weekends Off
Joined APC: Jun 2015
Posts: 1,107
https://youtu.be/u_aLESDql1U Seriously though. Never underestimate JO. Wouldn’t shock me if he’s waiting until all the GeauxJet planes are converted before he pounces in. Guy might be a Delta Bravo but he’s not an idiot when it comes to running bottom feeder airlines. He could teach Uncle Hulas a thing or three
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#456
Line Holder
Joined APC: Aug 2014
Position: BE-1900 Captain
Posts: 66
https://youtu.be/u_aLESDql1U Seriously though. Never underestimate JO. Wouldn’t shock me if he’s waiting until all the GeauxJet planes are converted before he pounces in. Guy might be a Delta Bravo but he’s not an idiot when it comes to running bottom feeder airlines. He could teach Uncle Hulas a thing or three
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Sent from my iPhone using Tapatalk Pro
#457
Gets Weekends Off
Joined APC: Sep 2019
Posts: 1,538
https://youtu.be/u_aLESDql1U Seriously though. Never underestimate JO. Wouldn’t shock me if he’s waiting until all the GeauxJet planes are converted before he pounces in. Guy might be a Delta Bravo but he’s not an idiot when it comes to running bottom feeder airlines. He could teach Uncle Hulas a thing or three
Sent from my iPhone using Tapatalk Pro
Sent from my iPhone using Tapatalk Pro
#458
Banned
Joined APC: Apr 2014
Posts: 1,291
One can only speculate at this point .
#459
Gets Weekends Off
Joined APC: Jun 2019
Posts: 133
Shhhhhh, thats a secret 😉
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