stbloc

That make no sense considering every other airline is trying to dump their WO. The economics of outsourcing are far more attractive then operating a in house regional. Mesa competing with PSA brings cheaper lift for US.

skillett

Skywest buying Mesa looks better than the XJT buyout. 20 CRJ 700 for United, All the 900's and the US Airways contract. Not many fifty seaters left. ( I believe ten ). I think the investers want there money back and with the regional market falling off it's best to take the money and run. The 900's are the most fuel and cost efficient airplanes out there and with US Airways scope clause will be around longer than most other airplanes. If the pilot shortage is true, that will even worsen the regional market do to the lack of pilots to fly 50 seaters. I think after bankruptcy, believe it or not, Mesa is in the best position to make money. But Mesa will have a huge problem keeping their pilots due to the lack of upgrades. The top 300 of the seniority list are staying, they have been there for 15 plus years. Probably no new growth and most all of the FO's here are downgraded captains. We have the PIC and the experience so as soon as the Legacy and other doors open were gone. We still lost 48 in Oct. and Nov. without any major hiring. Mesa doesn't have the capitol to buy Comair. Plus all those fifty seaters Comair has would not be a smart investment. Plus we have already ****ed off Delta and they would be the only ones to sign a long term contract for those aircraft. I think Mesa will be done within the next year or so. Either absorbed by US Airways who already owns 10% of the stock or a buyout by another regional in which Skywest would be the best fit.

winglet

UPSAv8tr,

Unfortunately the holders of common stock are the last in line to recoup their claims (after creditors and bondholders). MAG's old stock will be cancelled and new common stock issued.

Occasionally, a reorganization involves common stock shareholders recovering a very small percentage of their investment through the receipt of new common stock or they may receive another form of payoff (notes etc). In this case though, with such massive debt there likely will be nothing left for the basic holders of common stock.

There are multiple classes of allowed claims that will recieve new stock, warrants and/or notes but unfortunately your average-joe-stock-investor will see nothing of their investment. Sorry if you still hold. Good luck...

winglet

mwa1

most valuable as wall paper in the Lav

UPSAv8tr

Thanks Winglet. I suspected as much. Let us know if it ends up differently.

A-V-8

I spoke with three separate JAX agents this morning. None of them have been trained on Mesa flights and knew nothing about this. Can you be more specific?

Which airlines agents?

Which employee group?

Do you know someone on a personal level in JAX?

Is it possible that DGS is going to take over the United Express contract there? That would make sense regarding Delta folks being trained on Mesa flights. I am not saying that that is happening but I can’t seem to confirm what you are saying. This JAX to CVG doesn’t make sense. Especially without agents knowing anything about it. That’s a Delta route.

Thanks
A-V-8

pilotrob23

did u ask the delta agents, and not airways or united agents? Thinks that is what they ment! I asked the sw agents though, they are getting trained on the 200! Weird

GearMover

To answer your questions, Delta Ticket/Gate agent and the person is a friend of mine for many years. I never cared enough to ask who has gone through the training or why I just assumed it has been something they added to their yearly airline training. FYI the Jax-CVG route is a Delta mainine and Delta Connection route (Comair)

A-V-8

I asked 3 seperate Delta Agents. They said they have not been trained on Mesa flights. This whole thing seems kind of odd since Delta just fired us. Stranger things have happend. This just dosen't make sense unless Mesa is about to be bought by someone with access to the Delta Connection. But like I said; I tried to; but could not verify this informaton.

johnso29

DAL is parking 50 seaters. They have no interest in signing new 50 seat contracts, especially considering they took Mesa to court to terminate the 50 seat contract early. Comair is being reduced to just 44 airplanes, only 16 will be CRJ200's.