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Compass Airlines Regional Airline

Compass Updates 2: Revenge of the Sit

Old 10-17-2018, 05:43 PM
  #951  
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https://www.sec.gov/Archives/edgar/d...573709ds1a.htm Seriously though if anybody is interested in just how a regional operates on the financial side, there's a ton of data to pour through here. Obviously, TSH is a private company, but since Mesa is going public, a tooooon of data dump just became available and when you consider the sizes, it gives a lot of useful info.

Of note for Mesa:
"We derive all of our operating revenue from our capacity purchase agreements with our major airlines partners. As of March 31, 2018, our American Capacity Purchase Agreement accounted for 54% of our total revenue and our United Capacity Purchase Agreement accounted for 46% of our total revenue. In addition, as of March 31, 2018, all of our aircraft available for scheduled service were operating under a capacity purchase agreement with either American or United.

Our American Capacity Purchase Agreement expires with respect to different tranches of aircraft between 2021 and 2025, unless otherwise extended or amended. In addition, our American Capacity Purchase Agreement is subject to termination prior to expiration, subject to our right to cure, in various circumstances including if our controllable flight completion factor falls below certain levels for a specified period of time.

Our United Capacity Purchase Agreement expires between June and December 2019 with respect to 34 CRJ-700 and E-175 aircraft, between January and August 2020 with respect to 16 E-175 aircraft, and between 2021 and 2028 with respect to 30 of our E-175 aircraft. We are currently in negotiations with United with respect to the 20 CRJ-700 aircraft expiring between August and December 2019. We cannot predict the outcome of these negotiations and there can be no assurance that we will be able to extend these aircraft at acceptable rates, on acceptable terms, or at all. United is also permitted, subject to certain conditions, to terminate the agreement early in its discretion by giving us notice of 90 days or more. Our United Capacity Purchase Agreement is also subject to termination prior to expiration, subject to our right to cure, in various circumstances including if our controllable flight completion factor or departure performance falls below certain levels for a specified period of time."
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Old 10-17-2018, 07:35 PM
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Originally Posted by base2fnl View Post
Anyone notice that the Compass Wikipedia page is claiming that Compass was sold to Mess Airlines on 15 Oct 18 for 35.7 million. It appears to be an attempt at Wikipedia trolling as no citation to confirm the post. About halfway down the page under History.
https://en.m.wikipedia.org/wiki/Compass_Airlines_(North_America)
Well that’s a random find...too random. Based on the fact that you only post on the 9E page and brought that Wiki Page link here I’m guessing you made it.
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Old 10-17-2018, 07:38 PM
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Originally Posted by BobbyLeeSwagger View Post
Incorrect, we were sold to LSG SkyChefs
BobbyLee you are far too brilliant to be an airline pilot. Your talents are going to waste.
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Old 10-17-2018, 09:31 PM
  #954  
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I can confirm 100% the Mesa post was a troll. Disregard.
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Old 10-18-2018, 01:07 AM
  #955  
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Originally Posted by VIRotate View Post
I’ve heard you can email someone in IT. They give you a form to sign saying you won’t download anything else and they give you the password. I can’t update any of the company apps due to this problem. I have just been too lazy to get it fixed.
The EFB Administrator can fix this issue. Name and email are listed in the Company Contacts document in Comply.
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Old 10-18-2018, 04:18 AM
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Speaking of AA benefits, how does that timeline work out? Emailed my stuff to employee travel and was told “American will email directly to your Gmail account” like 2 weeks ago, but nothing yet
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Old 10-18-2018, 05:01 AM
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Originally Posted by Slowhawk View Post
Speaking of AA benefits, how does that timeline work out? Emailed my stuff to employee travel and was told “American will email directly to your Gmail account” like 2 weeks ago, but nothing yet
It is ridiculously slow and the sad part is you pay for the calendar year so you paid for now until December and then will have to repay and reapply for next year come January.
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Old 10-18-2018, 06:06 AM
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Originally Posted by Dalda Erlines View Post
BobbyLee you are far too brilliant to be an airline pilot. Your talents are going to waste.


This forum is a better place for smart humor than Saturday Night Live! Thanks for the laugh!
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Old 10-18-2018, 10:49 AM
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Schedules are up. Didn't get time off I wanted, got other stuff I never thought I'd get off and didn't even ask for.
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Old 10-18-2018, 11:08 AM
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Originally Posted by Taco280AI View Post
Schedules are up. Didn't get time off I wanted, got other stuff I never thought I'd get off and didn't even ask for.

The absence of Bobby Lee frees up all the good snack basket runs...
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