Originally Posted by calmwinds

Mesa is leveraged. The banks don’t own the 175’s. Mesa does. The banks don’t finance aircraft with the intent of getting them back through repossession.

I guess the bank owns your home since they hold the mortgage, if you don’t live in a crash pad or an apartment. That just isn’t the way financing works.

Mesa has built financial equity in the 175’s with each passing month. And, the prospectus says that if 175’s have low financial risk if the CPA is executed to completion, meaning they will have a positive ownership value at the end.

You need to take a class in finance and accounting.