Mesa Air Group Chapter 11 Info
#601
Update:
MAG's "Motion to Extend Time Motion for Order Extending the Time Periods During Which the Debtors Have the Exclusive Right to File a Plan and Solicit Acceptances" has been approved by the judge. The exclusive right for MAG to file a POR has been extended through Sept. 2, 2010.
winglet
MAG's "Motion to Extend Time Motion for Order Extending the Time Periods During Which the Debtors Have the Exclusive Right to File a Plan and Solicit Acceptances" has been approved by the judge. The exclusive right for MAG to file a POR has been extended through Sept. 2, 2010.
winglet
#602
Probably a safe assumption...unless you have a lucrative feed contract which is longer than your lease commitment (tail risk), anybody in their right mind would want to unload their 50-seaters.
#603
#606
Banned
Joined APC: Jun 2008
Posts: 8,350
I think the fact remains that regardless of the BK outcome, Mesa will have no future feed contracts, either new or renewed. Those carriers they haven't directly alienated are sure not to place their businesses in potential jeopardy by relying on this company, new management or not.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
#607
Gets Weekends Off
Joined APC: Apr 2009
Posts: 936
I think the fact remains that regardless of the BK outcome, Mesa will have no future feed contracts, either new or renewed. Those carriers they haven't directly alienated are sure not to place their businesses in potential jeopardy by relying on this company, new management or not.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
#608
I think the fact remains that regardless of the BK outcome, Mesa will have no future feed contracts, either new or renewed. Those carriers they haven't directly alienated are sure not to place their businesses in potential jeopardy by relying on this company, new management or not.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
With so many other feeder choices out there, its a no-brainer. Current MAG pilots should evaluate the length of the feed contract that provides their income and expect that to be the duration of their MAG employment unless they can bump into a longer contract until that ends.
That would be the prudent thing to do.
In general I'd say there's a chance that at renewal time mag will get to compete. It is possible that the majors will take a "best value" approach instead of a "lowest cost" approach in the future. Possible, but not guaranteed by any means.
Doug Parker might be another story...he's been talking the big talk to his employees for years now and apparently personally despises OJ. Unless he simply can't live without 39 900's I suspect that he will not renew.
If a UA/US merger were to somehow happen, mag would be out of the US side for sure if for no other reason than timing. There would be a near-term need to cut feed at the merged company, and UA-ALPA has 90 seat scope. It would make sense to just let that contract die.
#609
The prudent thing to do is count how many aircraft on your certificate with 50 seats or less.
FAA Aerospace Forecast
Fiscal Years 2010-2030
winglet
FAA Aerospace Forecast
Fiscal Years 2010-2030
winglet
Last edited by winglet; 04-17-2010 at 10:54 AM.
#610
Gets Weekends Off
Joined APC: Sep 2009
Position: Ask scheduling
Posts: 384
At face value, so it might seem so. But airlines management groups have a lot of turnover, and they don't have what I would I consider a long corporate memory. It would probably help if OJ were to somehow get divorced from mag...but I'm not sure that's possible, it seems mesa is a just a large extension of his ego.
In general I'd say there's a chance that at renewal time mag will get to compete. It is possible that the majors will take a "best value" approach instead of a "lowest cost" approach in the future. Possible, but not guaranteed by any means.
Doug Parker might be another story...he's been talking the big talk to his employees for years now and apparently personally despises OJ. Unless he simply can't live without 39 900's I suspect that he will not renew.
If a UA/US merger were to somehow happen, mag would be out of the US side for sure if for no other reason than timing. There would be a near-term need to cut feed at the merged company, and UA-ALPA has 90 seat scope. It would make sense to just let that contract die.
In general I'd say there's a chance that at renewal time mag will get to compete. It is possible that the majors will take a "best value" approach instead of a "lowest cost" approach in the future. Possible, but not guaranteed by any means.
Doug Parker might be another story...he's been talking the big talk to his employees for years now and apparently personally despises OJ. Unless he simply can't live without 39 900's I suspect that he will not renew.
If a UA/US merger were to somehow happen, mag would be out of the US side for sure if for no other reason than timing. There would be a near-term need to cut feed at the merged company, and UA-ALPA has 90 seat scope. It would make sense to just let that contract die.
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