Mesa Air Group Chapter 11 Info
#101
Yeah OJ might be thinking damages for pain and suffering
#102
The hearing scheduled for today concerning the 20 Beechcraft 1900D Airliners was vacated.
From the United States Bankruptcy Court Southern District of New York:
"Debtors Motion For Authorization Pursuant To Sections 105, 363, 554, and 1110 Of The Bankruptcy Code And Bankruptcy Rules 6003, 6004 and 6007 to (I) Abandon Certain Aircraft, Engines and Other Related Equipment, (II) Transfer Title to Certain Aircraft, Engines and other related Equipment, and (III) Satisfy the Surrender and Return Requirements Under the Bankruptcy Code filed by Maria a. Bove on behalf of Mesa Air Group, Inc..
VACATED: THIS MATTER HAS BEEN RESOLVED. HEARING WILL NOT TAKE PLACE.."
I wonder if this means some sort of settlement has been achieved with Raytheon?
winglet
From the United States Bankruptcy Court Southern District of New York:
"Debtors Motion For Authorization Pursuant To Sections 105, 363, 554, and 1110 Of The Bankruptcy Code And Bankruptcy Rules 6003, 6004 and 6007 to (I) Abandon Certain Aircraft, Engines and Other Related Equipment, (II) Transfer Title to Certain Aircraft, Engines and other related Equipment, and (III) Satisfy the Surrender and Return Requirements Under the Bankruptcy Code filed by Maria a. Bove on behalf of Mesa Air Group, Inc..
VACATED: THIS MATTER HAS BEEN RESOLVED. HEARING WILL NOT TAKE PLACE.."
I wonder if this means some sort of settlement has been achieved with Raytheon?
winglet
Last edited by winglet; 01-12-2010 at 04:29 PM.
#103
Gets Weekends Off
Joined APC: Jul 2008
Position: CL-65 CA
Posts: 246
#105
Gets Weekends Off
Joined APC: Jan 2008
Posts: 510
Just because OJ claims 70M, does mean that is a realistic or legitimate number. Don't get too wrapped around the axle on that...the final number might be $0.
I suspect OJ picked $70M beacuse that's about what Hawaiian nailed him for...he figured if they can do it, why can't he
I suspect OJ picked $70M beacuse that's about what Hawaiian nailed him for...he figured if they can do it, why can't he
#107
Wichita Eagle: Raytheon/Mesa Article
Wichita Eagle: Raytheon/Mesa Article
"Outstanding principal balance on the planes totals about $33.6 million"
I'll miss the "Mighty Beech"! I just got a tear in my eye.
Picture of "Gently Used" B-1900D Airliners
More Pictures of Mesa Airlines Beechcraft 1900D Airliners
winglet
"Outstanding principal balance on the planes totals about $33.6 million"
I'll miss the "Mighty Beech"! I just got a tear in my eye.
Picture of "Gently Used" B-1900D Airliners
More Pictures of Mesa Airlines Beechcraft 1900D Airliners
winglet
Last edited by winglet; 01-13-2010 at 06:34 AM.
#108
The hearing scheduled for today concerning the 20 Beechcraft 1900D Airliners was vacated.
From the United States Bankruptcy Court Southern District of New York:
"Debtors Motion For Authorization Pursuant To Sections 105, 363, 554, and 1110 Of The Bankruptcy Code And Bankruptcy Rules 6003, 6004 and 6007 to (I) Abandon Certain Aircraft, Engines and Other Related Equipment, (II) Transfer Title to Certain Aircraft, Engines and other related Equipment, and (III) Satisfy the Surrender and Return Requirements Under the Bankruptcy Code filed by Maria a. Bove on behalf of Mesa Air Group, Inc..
VACATED: THIS MATTER HAS BEEN RESOLVED. HEARING WILL NOT TAKE PLACE.."
I wonder if this means some sort of settlement has been achieved with Raytheon?
winglet
From the United States Bankruptcy Court Southern District of New York:
"Debtors Motion For Authorization Pursuant To Sections 105, 363, 554, and 1110 Of The Bankruptcy Code And Bankruptcy Rules 6003, 6004 and 6007 to (I) Abandon Certain Aircraft, Engines and Other Related Equipment, (II) Transfer Title to Certain Aircraft, Engines and other related Equipment, and (III) Satisfy the Surrender and Return Requirements Under the Bankruptcy Code filed by Maria a. Bove on behalf of Mesa Air Group, Inc..
VACATED: THIS MATTER HAS BEEN RESOLVED. HEARING WILL NOT TAKE PLACE.."
I wonder if this means some sort of settlement has been achieved with Raytheon?
winglet
#109
Not much of a choice when BK happens. Bombardier and others will all get served Poop Pie. Anytime you have credit extended in high risk ventures and the market turns you assume the credit risk as well. I.E. risk based management. Everyone was willing just a few short years ago to extend credit to airlines now the market is capped and it will be harder to get out of BK without some major realignment of risk. Good Luck Mesa, best thing that could happen would be for Mesa to be purchased at this time. And for the creditors not to blink.
#110
Banned
Joined APC: Dec 2007
Position: EMB 145 CPT
Posts: 2,934
Thread
Thread Starter
Forum
Replies
Last Post