Originally Posted by
sulkair
If what you guys are talking about were to really happen, if the merged airline is ALPA then there wouldn't be a staple but some kind of SLI. right?
I sure ****ed and moaned when they FORCED me to pay into that merger fund. Should I be glad we have it now? What exactly will it do for Mesa pilots?
Good point brought up.
As a bankrupt unlisted company, it would be hard for Mesa to get 750 mil unsecured--which makes it more likely for buying planes...
Because if it's a secured loan then the bank can repo the plane. Much less risk involved for the bank.
Way easier to get a loan that size for asset purchase.