Thread: MESA Bankruptcy
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Old 09-21-2009 | 08:18 AM
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minimwage4
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From: Embraer Systems Analyst
Default MESA Bankruptcy

Sorry to get your hopes up..... but I heard from a source in the company that Mesa only has a very small amount of cash and that it will run out by this year. They were saying BK is inevitable if they get the cancellation from UA next month and most likely even with it. Any mesa pilots agree, been pretty quiet lately about mesa. Obviously it is a very sad thing to hear because a large negative disturbance with possibly more furloughs is not good for industry but how would it affect other regionals?