Mesa Air Group Chapter 11 Info
01-26-2010, 08:58 PM
#211
Gets Weekends Off
Joined APC: Jan 2008
Position: 767 FO
Posts: 396
Thanks Winglet
Oh yeah, most importantly: WINGLET, thanks for the information (objectivity) that you have provided thus far in this thread. I have learned quite a bit of good information from your posts thus far and I appreciate that. You are ahead of the curve!
01-26-2010, 09:11 PM
#212
New Hire
Joined APC: Aug 2009
Posts: 5
Has anybody here ever read the book Wealth, War and Wisdom? I'm curious about the relationship between the book subject and the stock price of Mesa, still being higher than last years low.....
Last edited by dustinbuchanan; 01-26-2010 at 09:40 PM.
01-27-2010, 04:36 AM
#214
Gets Weekends Off
Thread Starter
Joined APC: Jun 2008
Posts: 467
Thanks, I was beginning to think I was wasting my time. The thing that got me started on this was all the misinformation and wild rumors out there. I enjoy "mythbusting". I like to deal in facts. I've learned alot myself by posting. This forum can be a good thing if you ignore all the trolls and flame bait.
As for Mesa, a lot of things are going to transpire over the next couple of months. I'm going to try and stay informed. One thing is certain: If Mesa survives this, then it will be a very different company and anything goes after that. At this time all options remain on the table.
Take Care,
winglet
Last edited by winglet; 01-27-2010 at 05:35 AM.
01-27-2010, 04:43 AM
#215
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Joined APC: Jan 2010
Position: At home
Posts: 186
what kind of "different" do you mean? besides the obvious...you talking strategically, operationally, corporate structure?...etc
01-27-2010, 05:36 AM
#216
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Thread Starter
Joined APC: Jun 2008
Posts: 467
winglet
01-27-2010, 05:49 AM
#217
Gets Weekends Off
Joined APC: Jan 2008
Position: 767 FO
Posts: 396
Yes. Exactly.
01-27-2010, 06:00 AM
#218
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Joined APC: Sep 2009
Position: Missionary
Posts: 309
You have really hit on something others seem to be missing, but the majors haven't... watching how the RAH acquisition pans out. This will be the future. Scope? Keep your scope, we'll just "code-share" with regionals flying major equipment. This and United/Aer Lingus may give insight into the future direction at MAG, IMHO.
01-27-2010, 06:01 AM
#219
Gets Weekends Off
Joined APC: Jan 2010
Position: At home
Posts: 186
seems like this could be a good time for change in the industry, but its possible that the issues won't be addressed once the boomers start leaving
01-27-2010, 06:02 AM
#220
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Thread Starter
Joined APC: Jun 2008
Posts: 467
Mesa Receives Relief on Financial Reporting
Mesa Air Group received relief today on providing financial reports to the court until the later of March 5th or five days prior to the Section 341 Meeting. This is one of the only meetings MAG will have to personally attend during the proceedings. This is the meeting where MAG will have to "fairly and honestly" represent their assets, income and debts under oath before the creditors and the trustee. This information will be vital in helping all parties to the bankruptcy determine the viability of MAG. (Remember those "skeletons" I was talking about? 
MAG better come clean before the courts or the trustee and creditors may not be inclined to restructure).
winglet
MAG better come clean before the courts or the trustee and creditors may not be inclined to restructure).winglet
Last edited by winglet; 01-27-2010 at 06:25 AM.
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