Originally Posted by
kersplatt
Has USAirways and Mesa already agreed on the stock/extension of flying? It seems like Mesa stock isn't worth it. Was it 2 cents before it was delisted?
A 3 year extension for 900 and DH8 is being finalized. The POR, if accepted, will give LCC 10% of the new Mesa stock. The current stock is worthless as all remaining shares will be liquidated uoon reemergance of Mesa.
Please note the approval of the part giving 10% to LCC may be the lynch pin in making the extension a done deal.