Thread: Mesa Air Group Settles Aloha Lawsuit
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Old 11-29-2008, 05:06 AM   #29 (permalink)
bradeku1008
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Joined APC: Sep 2007
Position: King Air, Cessna 421, Cessna 441, CFI CFII
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Quote:
Originally Posted by ToiletDuck View Post
Mesa has $60mil of cash and cash equiv. Net tangible assets is roughly $140.5mil as of June 2008.

MESA: Balance Sheet for Mesa Air Group, Inc. - Yahoo! Finance
This is correct. I dont see how things can continue for Mesa after the 1st and 2nd Q of next year. I would be amazed not to see them filing for BK buy March or maybe even February, and out of business by June.
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