JO does it again... (and Mesa recall rumor)
01-07-2009, 06:01 PM
#11
Gets Weekends Off
Joined APC: Oct 2008
Posts: 1,530
It's just amazing the attitudes in this thread. If this was a thread about Skywest or Horizon or something there would be congratulations for the company and well wishes of guys coming back from furlough. Instead it's met with disbelief and disappointment. What is it about Mesa that sucks so much?
01-07-2009, 06:03 PM
#12
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Joined APC: Apr 2007
Position: NOYDB
Posts: 876
It's just amazing the attitudes in this thread. If this was a thread about Skywest or Horizon or something there would be congratulations for the company and well wishes of guys coming back from furlough. Instead it's met with disbelief and disappointment. What is it about Mesa that sucks so much?
01-07-2009, 06:08 PM
#13
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Joined APC: Feb 2007
Position: EMB145
Posts: 772
and since the ERJ is staffed like OJ likes(less then needed) and with PBS + the loss of those birds does not mesh with bringing people back.
Just dont get your hopes up.
01-07-2009, 06:23 PM
#15
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,047
Actually, I believe in the paperwork I received as a shareholder, it said that in the terms of the bonds, the company is allowed to issue stock in lieu of cash. It also says it in the DEF14A filing on November 22.
Keep in mind, that this is also based on the bondholders exercising their right to sell it back to the company.
Keep in mind, that this is also based on the bondholders exercising their right to sell it back to the company.
A reasonable stock issue is one thing, but issuing TEN times the amount of your stock currently on the street, which is valued in pennies, sounds outright fraudulent.
If I were the bondholder, I don't think I'd accept money printed by JO...
01-07-2009, 06:50 PM
#16
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Joined APC: Dec 2005
Position: 7ER B...whatever that means.
Posts: 3,982
The Company, founded by Larry and Janie Risley in New Mexico in 1982, has approximately 4200 employees and was awarded Regional Airline of the Year by Air Transport World magazine in 1992 and 2005. Mesa is a member of the Regional Airline Association and Regional Aviation Partners.
I guess someone hid the fact that Freedom Airlines is a Mesa Company when ATW magazine was looking for a Regional of the Year (2005).
I guess someone hid the fact that Freedom Airlines is a Mesa Company when ATW magazine was looking for a Regional of the Year (2005).
01-07-2009, 07:04 PM
#17
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Joined APC: Jul 2008
Posts: 243
01-08-2009, 12:05 PM
#19
Banned
Joined APC: Dec 2007
Position: CRJ FO
Posts: 84
eP.
01-08-2009, 12:53 PM
#20
Gets Weekends Off
Joined APC: Jul 2008
Position: Stage Left
Posts: 366
True, they can pay with stock. However...
A reasonable stock issue is one thing, but issuing TEN times the amount of your stock currently on the street, which is valued in pennies, sounds outright fraudulent.
If I were the bondholder, I don't think I'd accept money printed by JO...
A reasonable stock issue is one thing, but issuing TEN times the amount of your stock currently on the street, which is valued in pennies, sounds outright fraudulent.
If I were the bondholder, I don't think I'd accept money printed by JO...
Good things happen to good people and JO is NOT good people.
