Originally Posted by
paxhauler85
That's been floating around for months now, don't think its going to happen. Got enough cash from the HI settlement to pay off our debt in June. Stock is up. If we get some $ out of the delta lawsuit, or have the flying re-instated we'll be right back where we were 3 months ago. Not a stong airline, but we'll make it.
So you eat a large portion of your cash on hand to pay off those pesky bonds coming due in a few months, your getting rid of some airframes, a paper tiger Delta lawsuit that IF it ever comes down to a monetary judgement will be long after Mesa is gone, Aloha suit on the horizon, airport user fees still not paid........most healthy airlines don't skirt their user fees like Mesa does to the last possible second.
My guess, Mesa is gone by summer's end or is in a completely different form by then.
As an ex-Mesa slave I have ZERO ill will towards the drivers there. Great group of people and I hope they all end up better off in the end. I hope JO ends up in a northern Chinese prison.