Originally Posted by
cornerpocket
This. This author doesn't back the claim up with any credible (inside or otherwise) information, and he doesn't seem to be a reputed source of industry knowledge. He's an unknown quantity and lacks any real credibility. Hell, the article is vague enough that you could replace "Mesa" with just about any other regional carrier and it could seem plausible. But people are talking about this article now, and no press is bad press. So maybe he accomplished what he set out for?
In this case, the "blind squirrel" ain't finding the nut. Back to your regularly scheduled programming.
I would have to agree with this. There is no reputable industry analyst reporting this that I can find and I have tried to find additional sources. Also, I've been watching Mesa's stock price to see how the market is reacting and the stock price is up and the analysts have a "Hold" rating on it. If there are only two more years left on the AA contract, bankruptcy seems like an inefficient and very expensive way to get out of the contract, if Chapter 11 would even allow them to do that.