Mesa Air Group Chapter 11 Info
#41
Gets Weekends Off
Joined APC: Aug 2008
Posts: 326
Didn't they play musical whipsaw before ending up at Mesaba and ASA? I think Comair was originally told they would get them and Pinnacle flew them for a while before ASA offered to give up two fifty seaters for each -900 we got. Don't quote me on all of that though.
Last edited by gtechpilot; 01-08-2010 at 10:14 AM. Reason: grammatical correction
#42
It's a little more complicated than simply cancelling contracts due to bankruptcy. The code-share agreements can be terminated in bankruptcy if "certain minimum operating thresholds" are not met and "change in control" provisions are activated. Those threshold numbers and provision details are not public at this time but will be exposed through the Chapter 11 process.
winglet
Last edited by winglet; 01-08-2010 at 05:28 AM.
#43
Those pesky contracts again.
It's a little more complicated than simply cancelling contracts due to bankruptcy. The code-share agreements can be terminated in bankruptcy if "certain minimum operating thresholds" are not met and "change in control" provisions are activated. Those threshold numbers and provision details are not public at this time but will be exposed through the Chapter 11 process.
winglet
It's a little more complicated than simply cancelling contracts due to bankruptcy. The code-share agreements can be terminated in bankruptcy if "certain minimum operating thresholds" are not met and "change in control" provisions are activated. Those threshold numbers and provision details are not public at this time but will be exposed through the Chapter 11 process.
winglet
That condition has been met and the BK judge has no direct jurisdiction over the partner airlines. He might be able to issue an injunction, but it would not hold up for long. BK gets you out of paying YOUR obligations, it cannot force your customers to keep paying you unless they were otherwise obligated to do so..
Mag can sue the partners if they exercise that contract provision, but it's a VERY straightforward provision (I quoted it almost verbatim). It doesn't appear to have any semantics wiggle room of the sort that OJ likes to leverage to avoid keeping his promises.
I think what will happen with contracts depends solely on what the partners want to do....
DAL: Hasta La Vista
UA: ?
US: Maybe keep 900's?
#45
Gets Weekends Off
Joined APC: Dec 2009
Posts: 172
I've been asking around and I think Mesa is actually protected from having the contracts cancelled in chapter 11. However once they emerge I think DL can cancel the contract since Mesa has file chapter 11. I don't know if DL (or anyone else) has to announce it's intent to cancel the contracts though.
I'm no lawyer, just a CFI so I'm not sure what'll happen.
I'm no lawyer, just a CFI so I'm not sure what'll happen.
#46
I'm sure United and Delta and USAirways are very excited to know that their passengers are flying for an airline that can barely pay their pilots and mechanics let alone properly provide them the necessities to do their job in bankruptcy. I've heard that MX mechanics are being negligent and telling pilots to keep flying unless the wings have snapped off. Makes sense since no one cares to being with at MESA but they're going to be dumping the rjs in the spring time anyways.
#47
True. There were about three months where one day I thought I was going to lose my job, the other; flying a -900..... back and forth.... but ya... the rest is history.
#49
Who did you ask around, the local divorce attorney? Why would they want to get rid of Mesa after they emerge? The whole point is to eliminate any liabilities while they're in bankruptcy. Delta is doing a favor to Mesa in this contract, not the other way around.
I'm sure United and Delta and USAirways are very excited to know that their passengers are flying for an airline that can barely pay their pilots and mechanics let alone properly provide them the necessities to do their job in bankruptcy. I've heard that MX mechanics are being negligent and telling pilots to keep flying unless the wings have snapped off. Makes sense since no one cares to being with at MESA but they're going to be dumping the rjs in the spring time anyways.
I'm sure United and Delta and USAirways are very excited to know that their passengers are flying for an airline that can barely pay their pilots and mechanics let alone properly provide them the necessities to do their job in bankruptcy. I've heard that MX mechanics are being negligent and telling pilots to keep flying unless the wings have snapped off. Makes sense since no one cares to being with at MESA but they're going to be dumping the rjs in the spring time anyways.
I don't know where you got that source about mechanics telling pilots to keep flying until the wings are snapped off. It is still business as usual at IAD. THe CRJ-200s are still being worked on, MELs are being cleared (IF we have the parts that is) even if the plane gets withdrawn the next day.
#50
Mesa Air Group Receives Court Approval of First Day Motions - Yahoo! Finance
This sounds like good news for the Ch. 11 proceedings and for Mesa but something tells me this stage is one of the easier parts to get through. Maybe someone who knows a little more about bankruptcy proceedings can shed some light.
This sounds like good news for the Ch. 11 proceedings and for Mesa but something tells me this stage is one of the easier parts to get through. Maybe someone who knows a little more about bankruptcy proceedings can shed some light.
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