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Old 04-04-2020 | 10:21 AM
  #21  
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Originally Posted by Jdub2
That is wholly inaccurate. They are not broke right now but they are hemorrhaging money. Their jugular has been cut, and this bailout has not staunched the bleeding at all, but has merely provided more blood to bleed out. So yes they are not broke, but they are going broke extremely quickly
If you think AA, UA, DL, and even Boeing are going broke, you are mistaken. Yes UAL 100 million a day they are losing per OM. The US government will not let Boeing and all three American icon airlines fail. The government is trying to save the airline infrastructure as is right for economic purposes and stability when things try to get back to normal. What do you think would happen if these majors fell in October. Where do you think our economy would be then. Let’s see no US airlines to get people to different places, vacations, businesses, etc. You are correct they all are losing money, they won’t fail. Restructure maybe, I don’t know. But I’d bet my savings on it that these three will just fine and still flying.
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Old 04-04-2020 | 11:09 AM
  #22  
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Originally Posted by coodrough568
I’m seeing the same thing on every airline board, everybody is cheering like they won a battle with this government grant money. Let me explain what is happening, Uncle Sam is paying our min guarantee until September 30th, then come October 1st, when airlines have dwindled their own cash down to nothing, we are going to have one of the biggest furlough events in airline history. I’m glad we are getting 6 months of pay out of this, but let’s be honest about it. The axe will drop come October 1st. All this does is gives them time to draft the furlough lists and determine what percentage of the company they still need.

Also Mesa is not in a good spot, NO regional or airline is in a good spot. Who is Mesa going to fly for when United and/or AA goes bankrupt? All regionals are just contractors, when big daddy goes broke the flying stops.
So maybe... in a fantasy world, do you think that there’s a remote chance that after all of this, Mesa can come out as an independent airline filling the void that some regionals will leave after consolidation happens?
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Old 04-04-2020 | 12:26 PM
  #23  
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Originally Posted by coodrough568
I’m seeing the same thing on every airline board, everybody is cheering like they won a battle with this government grant money. Let me explain what is happening, Uncle Sam is paying our min guarantee until September 30th, then come October 1st, when airlines have dwindled their own cash down to nothing, we are going to have one of the biggest furlough events in airline history. I’m glad we are getting 6 months of pay out of this, but let’s be honest about it. The axe will drop come October 1st. All this does is gives them time to draft the furlough lists and determine what percentage of the company they still need.

Also Mesa is not in a good spot, NO regional or airline is in a good spot. Who is Mesa going to fly for when United and/or AA goes bankrupt? All regionals are just contractors, when big daddy goes broke the flying stops.
I’m going to be perfectly frank with you. There isn’t a chance in hell that any of the big 3 plus SWA close because of this. The federal government will 100% bail out these 4 airlines until the country collapses if it so be. And I would 100% bet my net worth on that.
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Old 04-04-2020 | 12:57 PM
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They can all go through 11 reorg and still operate...
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Old 04-04-2020 | 01:45 PM
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Originally Posted by brigadeaviator
Some good news for the united side is we don’t have crj 200’s or 145’s on property. Other regionals might take a huge hit soon.

https://skift.com/2020/04/02/united-...cLDibvhePhuykE

Except for that 1 200 used for the sick / vacation time rate.
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Old 04-04-2020 | 03:11 PM
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AA. Had a 787 DFW CUN turn with 1 pax each way.
they will go belly up or shed debt in BK
Ed Bastian said even DAL who has the best balance sheet could not recover with the proposed debt picture
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Old 04-04-2020 | 06:35 PM
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Originally Posted by RabidW0mbat
Except for that 1 200 used for the sick / vacation time rate.
United side, and a contract reference?
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Old 04-04-2020 | 06:41 PM
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Originally Posted by RabidW0mbat
Except for that 1 200 used for the sick / vacation time rate.
That used to be the case, but it was taken care of in the last contract.
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Old 04-05-2020 | 04:53 AM
  #29  
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Mesa is vulnerable on the American and on the United side. A serious cut on either side will lead to entire system displacement.
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Old 04-05-2020 | 12:34 PM
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Originally Posted by pangolin
Mesa is vulnerable on the American and on the United side. A serious cut on either side will lead to entire system displacement.

all 700s gone and no additional 175s on the united side
mark my words

how many jobs are in jeopardy ? I keep saying 250-350 from the bottom
if American cuts some as well
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