Originally Posted by
calmwinds
American being a major stockholder would have been disclosed to United in the due diligence before the CPA’s were signed in the first place. It didn’t stop United from signing.
There are only 12 Ejets owned by Mesa. If United doesn’t want to renew them, I am guessing American will put them to work.
Also, United can tap into the IPO. United may own a larger stake than American come tomorrow.
UAL was before the majority of the AA ownership.
13 175s. UAL makes monthly payments to Mesa for the equity of those a/c. All UAL has to do is make a single payment and they own them out right. They already own a portion of each one. Also, 90 day out notification clause.
Good luck. With AA owning 20% and SKYW wanting to have more AA flying I would say SKYW INC will be buying the stock. Not UAL.