Originally Posted by
Sennant
Ornstein said Mesa Air is comfortably profitable, with annual revenue in excess of $500 million and deep connections with national giants American and United Airlines. But Mesa Air does keep a lot of cash on hand because it reinvests in the business.
A recent example of that is the February purchase of seven Bombardier-built CRJ900 NextGen aircraft, which have a combined value of $326 million.
So which is it? He tells our union one thing (razor thin margins) so he can try to get away with not paying us, and he tells the public we are comfortably profitable. Don't care that this was written 6 months ago...our profits haven't shrunk in that time. There is more money than he led the union to believe.
Glad I voted no. Any yes voters should reconsider. MEC/NC need to go back to flying the line. We need people in touch with pilot group's wishes/demands to lead our union.