Will ExpressJet survive this?
#161
Are the new hires in training furloughed? Or just sent home with pay and their EFB to start class at a later date?
#162
New Hire
Joined: Jan 2015
Posts: 6
Likes: 0
Mesa owns 18 of the 60 you guys fly. Check the SEC filing:
http://investor.mesa-air.com/static-...e-1550c9338d42
http://investor.mesa-air.com/static-...e-1550c9338d42
#163
Line Holder
Joined: Oct 2019
Posts: 402
Likes: 0
From: Crew room attendant
*the 20 Mesa is going to purchase*
Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
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Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
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#164
Line Holder
Joined: May 2019
Posts: 92
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#166
Gets Weekends Off
Joined: Dec 2019
Posts: 247
Likes: 0
*the 20 Mesa is going to purchase*
Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
Sent from my iPhone using Tapatalk
Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
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#168
Gets Weekends Off
Joined: Nov 2015
Posts: 212
Likes: 0
*the 20 Mesa is going to purchase*
Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
Sent from my iPhone using Tapatalk
Mesa hasn’t purchased those 20 175s yet. They are still a UAL order at Embraer and under UAL control. Mesa doesn’t take ownership or have to supply financing for the planes until delivery. Given the current global economic conditions that will be delayed a few months. Even Mesa’s management isn’t crooked enough to take on debt in a cash strapped environment.
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#169
Line Holder
Joined: Oct 2019
Posts: 402
Likes: 0
From: Crew room attendant
Whether you want to believe it or not. We are getting them and they are coming (20 More Ejets). We are setting up interviews as I write. I don't know who holds the crystal ball, but I know my management team, just like yours does not live in the present. Mesa along with the other regionals are planning on the rebound in the future whatever that may be. I just know, we are prepping for the rebound just like your company is. This sucks right now but there is a glimmer of hope. I just hope no other companies have to fall.
I don’t doubt that Mesa is getting them. Your CEO decided to leverage the company with debt to get them. And in United’s eye it was the best financial decision to award them to Mesa under the circumstances.
I’m just correcting your misrepresentation of the fact. You haven’t bought them. Your employer hasn’t either. They are on someone else’s order. Your employer will not be taking delivery of them starting in May, doing so would be economically stupid.
Also the 550 project has been put on hold so the 700’s that Mesa was going to take out of service to be converted into the 550’s won’t be leaving the line for a while. Which also means there isn’t much room left under the scope.
It takes cash to pay for Shiny New Jets. With UAL’s traffic down 60+%. Mesa isn’t getting the flights it needs for revenue to pay the current bills, and with the 700’s not going out on lease Mesa definitely doesn’t have the cash to pay for the new 175s.
And I don’t doubt Mesa is conducting interviews, XJT is too.
And stop say “We” like you have a part in the process. You don’t those decisions are made way above your pay grade.
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