Real Mesa News
#21
Gets Weekends Off
Joined APC: Oct 2008
Posts: 1,530
I think YOUR wrong. The flying done by Mesa for both US Airways and for United would have to be covered. Mesa does ALL the flying for Airways on the West Coast. No matter how dumb people think Doug is he is not going to NOT fly RJ's on the west coast. On the United side they do quite a bit of 200 and 700 traffic meaning either Skywest of GoJet would have to pick up the slack. The fact is a regional the size of Mesa can't disappear without leaving a sizable void even in today's economy.
#22
Banned
Joined APC: May 2007
Posts: 152
Point taken. Now on to the important stuff.
I've never traded stocks before but i am thinking about putting in a buy order for 2000 shares at $0.04 (About 80 bucks plus commission). Of course, its a gamble. We will see the outcome!
Any news or hints on when the Delta outcome will be announced?
I've never traded stocks before but i am thinking about putting in a buy order for 2000 shares at $0.04 (About 80 bucks plus commission). Of course, its a gamble. We will see the outcome!
Any news or hints on when the Delta outcome will be announced?
Trading Places
Save your money dude!! ( really not a smart move, really)
If you feel the need to invest, buy some triple tax free municipal bonds, average yield these days is 5.5% , clean!!! You can make more, if you can get them at a discount!!
Last edited by muushin; 02-14-2009 at 05:06 PM.
#23
I think YOUR wrong. The flying done by Mesa for both US Airways and for United would have to be covered. Mesa does ALL the flying for Airways on the West Coast. No matter how dumb people think Doug is he is not going to NOT fly RJ's on the west coast. On the United side they do quite a bit of 200 and 700 traffic meaning either Skywest of GoJet would have to pick up the slack. The fact is a regional the size of Mesa can't disappear without leaving a sizable void even in today's economy.
#24
So there are over 1,000 posts about Mesa in the last week or so. I honestly do not have the time nor the patience to read through 1,000 posts of "Mesa Sucks," followed by current Mesa pilots defending the company.... blah blah blah....
What is really going on at Mesa??
FACTS ONLY PLEASE
Has the outcome of their injunction been decided? If not, does anyone have a link to the website of the appeal's court, so that we can check frequently to see if the outcome is released?
How much cash do they have on hand? If you don't know, how much cash did they have on hand at the end of the 4th quarter, or 3rd quarter if they are slow at releasing numbers. A source would be nice too.
What is going on with their bond repayment? How much money do they owe, and when do they have to pay it?
Any other factual and relevant news?
What is really going on at Mesa??
FACTS ONLY PLEASE
Has the outcome of their injunction been decided? If not, does anyone have a link to the website of the appeal's court, so that we can check frequently to see if the outcome is released?
How much cash do they have on hand? If you don't know, how much cash did they have on hand at the end of the 4th quarter, or 3rd quarter if they are slow at releasing numbers. A source would be nice too.
What is going on with their bond repayment? How much money do they owe, and when do they have to pay it?
Any other factual and relevant news?
Pilots are good for talking about flying, beer, and women (not necessarily in that order), but are generally babbling baboons when it comes to economics and airline financials.
You'll also get a more impartial synopsis from Yahoo, minus the partisan bickering that mushrooms from any thread on APC that contains the word "Mesa".
Good luck,
The Duke...
#25
I think YOUR wrong. The flying done by Mesa for both US Airways and for United would have to be covered. Mesa does ALL the flying for Airways on the West Coast. No matter how dumb people think Doug is he is not going to NOT fly RJ's on the west coast. On the United side they do quite a bit of 200 and 700 traffic meaning either Skywest of GoJet would have to pick up the slack. The fact is a regional the size of Mesa can't disappear without leaving a sizable void even in today's economy.
#26
" Pork Bellies,.................. I knew it!!"
Trading Places
Save your money dude!! ( really not a smart move, really)
If you feel the need to invest, buy some triple tax free municipal bonds, average yield these days is 5.5% , clean!!! You can make more, if you can get them at a discount!!
Trading Places
Save your money dude!! ( really not a smart move, really)
If you feel the need to invest, buy some triple tax free municipal bonds, average yield these days is 5.5% , clean!!! You can make more, if you can get them at a discount!!
#27
Gets Weekends Off
Joined APC: Oct 2008
Posts: 1,530
I think you should fully read my post before you respond. Yes some of it will be covered by somebody else, especially the 900 flying. But, I guarantee the majors have no desire at all to recoupe 50 seat flying if Mesa went under. Much flying will lost. Over 3/4 of mesa's fleet are 50 seaters. Nobody has any desire to keep 50 seaters going, they are slowly being phased out. US airways is taking every oppurtunity to reduce them as is delta and I'm sure United wouldn't mind as well if they had the oppurtunity. Look at the TSA/GoJet situation, need I say more? The majors are going to keep on with this until they have nothing but 70 and 90 seaters that are full. It is not economic to fly around 50 seaters with 12 people on board. And don't say you havn't had flights like that. You think that's making money? It's not. The only thing keeping anybody going is these contracts. The only airline immune is the one and only airline with only 700's. The rest of us are all prey.
#29
I think you should fully read my post before you respond. Yes some of it will be covered by somebody else, especially the 900 flying. But, I guarantee the majors have no desire at all to recoupe 50 seat flying if Mesa went under. Much flying will lost. Over 3/4 of mesa's fleet are 50 seaters. Nobody has any desire to keep 50 seaters going, they are slowly being phased out. US airways is taking every oppurtunity to reduce them as is delta and I'm sure United wouldn't mind as well if they had the oppurtunity. Look at the TSA/GoJet situation, need I say more? The majors are going to keep on with this until they have nothing but 70 and 90 seaters that are full. It is not economic to fly around 50 seaters with 12 people on board. And don't say you havn't had flights like that. You think that's making money? It's not. The only thing keeping anybody going is these contracts. The only airline immune is the one and only airline with only 700's. The rest of us are all prey.
#30
Nice to see this thread got hijacked too. Nobody has enough respect for the loss of our bothers and sisters on other threads, so why should this one be any different.
On Jan 6, 2009, Mesa received shareholder approval to authorize up to 900 million shares. Mesa is now negotiating with the major bond holders and apparently the talks are going well. So it looks like Mesa may not have any cash outlay for those debt repayments.
Check the Mesa airgroup website under investor relations. Looks like they paid out 1.8 million in cash and over 11 million in stock. To boring to read for me since I don't invest in any airline.
I have not been able to find anything on the Jan 30th court date.
Hope it at least helps a little.
On Jan 6, 2009, Mesa received shareholder approval to authorize up to 900 million shares. Mesa is now negotiating with the major bond holders and apparently the talks are going well. So it looks like Mesa may not have any cash outlay for those debt repayments.
Check the Mesa airgroup website under investor relations. Looks like they paid out 1.8 million in cash and over 11 million in stock. To boring to read for me since I don't invest in any airline.
I have not been able to find anything on the Jan 30th court date.
Hope it at least helps a little.
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