Originally Posted by
TP199
they dont have a plan for them. their master "plan" is for mesa to go under and then hopefully someone will need more 50's. thats why they keep saying, "we dont have any flying for them, but were confident we'll find something."
Do you really expect them to share their business plan with you before its implemented? That would be unprecedented in this industry. Why tip your hand to your competitors.
Regarding Mesa, they're done for Delta either way. Delta has made it clear that they want rid of them. As for the company as a whole, they're probably done come fall. Their capitalization is so low, they're about to lose their certificate. They're coasting through the summer on high interest short term credit. Look for the biggest implosion since Enron sometime late this fall. That will create a huge vacuum to fill and ASA is best positioned to fill it.