Originally Posted by
Sumtinwong
Whut? You honestly think Mesa would have been awarded those 30 ejets and then given financing for 18 more if all along they were going to close doors. You sir need to rethink Mesa's motives and learn how basic business works. Either you know something super secret or you are just plain out of touch.
Ok guys, let me explain expanded economics; buying airplanes is a capital investment, which means that it is a great way to lock in capital. Let's say, for the sake of understanding, that airplanes are houses, and I am an investor with other motives. I am going to dump a lot of capital in buying houses, which hold there value, and cannot be touched by a bankruptcy without a court order. By the time that happens, I can sell, trade, swap, even barter my assets for other assets or capital. Just because we are purchasing 18 aircraft, not leasing them, (really, I have to explain this) shows that they are diverting capital to a untouchable source. This also is a way of going, "Hey, come here for the quick upgrade, and make $20,000 for a couple of years. Oh! We have the HOTTEST flight attendants in the industry). The regionals that expanded there pay and benefits are serious about staying alive. Not Mesa.