Old 09-28-2007 | 05:13 AM
  #17  
N2rotation's Avatar
N2rotation
Gets Weekends Off
 
Joined: Mar 2007
Posts: 376
Likes: 0
From: XJT furloughed due to non-ALPA undercutting
Default

http://www.honoluluadvertiser.com/ap...83/1001/NEWS01
A federal judge ruled yesterday that the parent of go! airline misused confidential information from Hawaiian Airlines when setting up the new interisland carrier.
The preliminary ruling was a blow to Mesa Air Group, owner of go!, which is being sued for $177 million in damages by Hawaiian.
If Hawaiian wins the damages, Mesa may be forced to shut down go!, according to at least one industry analyst.
In the worst-case scenario for Phoenix-based Mesa, the company may be forced to seek bankruptcy protection, said Scott Hamilton, a Washington state-based aviation industry consultant.


Looks like a great time to not be working at MESA! I am loving this. I want to see that place tank.

Mesa Pilots - the writing on the wall says that JO will lose millions on this lawsuit and being forced into or close to bankruptcy he will never award you a better contract. Now is the time to leave... whether you are a Captain or an FO. Mesa management has really gotten the company into a mess now.


Since the June 2006 launch of go!, Mesa's cash holdings have fallen from about $345 million to about $198 million, Hamilton said, making it difficult for Mesa to pay $177 million in damages.
"There's not a single ray of sunshine in what's transpired since the beginning of the litigation for Mesa," Hamilton said. "There are dangers all over the place for Mesa on this thing."
Reply