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Old 01-09-2009, 10:41 AM
  #51  
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Originally Posted by paxhauler85
That would be the 50ish airplanes we own (a mix of -200's, -700's and mostly -900's.
Few of those are owned outright IIRC...they have mortgages. They show up as book value, but if the company shuts down and can't make the payments, the repo man comes around. Hmmm...maybe I could get some side work repo-ing OJ's airplanes when the time comes, that might be fun.
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Old 01-09-2009, 11:28 AM
  #52  
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Originally Posted by rickair7777
Few of those are owned outright IIRC...they have mortgages. They show up as book value, but if the company shuts down and can't make the payments, the repo man comes around. Hmmm...maybe I could get some side work repo-ing OJ's airplanes when the time comes, that might be fun.
It's rather fun to repo jets! Just make sure the FAA knows (ferry permit) or can never find out. They get picky about whether you've seen the log books!
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Old 01-09-2009, 12:26 PM
  #53  
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I think they own a ton of ground equipment in PHX and the associated outstations, that could be where a bunch of the asset money is coming from. At least that's what one CA told me.
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Old 01-09-2009, 12:49 PM
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Originally Posted by dvtpilot
I think they own a ton of ground equipment in PHX and the associated outstations, that could be where a bunch of the asset money is coming from. At least that's what one CA told me.
According to their most recent annual statement, "Flight Equipment" makes up the majority of company assets. I would take this to mean aircraft, which probably means there are liens against those assets.

Last edited by waflyboy; 01-09-2009 at 12:55 PM.
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Old 01-09-2009, 01:36 PM
  #55  
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The problem with delisting since this meltdown in the markets delisting has been frozen for a period....I am not sure how much longer the clock has got left.
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Old 01-09-2009, 02:22 PM
  #56  
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Thought they were already delisted from the NASDAQ. The hits just keep on coming with JO.
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Old 01-09-2009, 02:26 PM
  #57  
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Originally Posted by waflyboy
According to their most recent annual statement, "Flight Equipment" makes up the majority of company assets. I would take this to mean aircraft, which probably means there are liens against those assets.
its all spelled out in their most recent 10k filing. Ill get it than edit real fast.

Here ya go

According to their last 10k they own

2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold since the filing)

6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois

1 Training Facilities in Farmington.
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Old 01-09-2009, 02:33 PM
  #58  
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can we have Our DHC8-200's back.
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Old 01-09-2009, 03:23 PM
  #59  
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Originally Posted by RiddleEagle18
its all spelled out in their most recent 10k filing. Ill get it than edit real fast.

Here ya go

According to their last 10k they own

2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold since the filing)

6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois

1 Training Facilities in Farmington.
Now I get it! MAGs net value consists predominantly of mortgaged airplanes, hangers, and MAPD! Maybe they can sell the MAPD students as slaves...that's what they were going use them for anyway
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Old 01-09-2009, 05:23 PM
  #60  
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It's interesting to look at mesahub dot com to see Mesa pilots chatter, but it pops up as dontflygo.com? WTH?
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