Future of Mesa

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10-26-2023 | 08:09 PM

#161

TransWorld

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Joined: Aug 2016

Posts: 6,995

Likes: 1

From: Fully Retired

Quote:

Originally Posted by pangolin

it’s publically announced no profit till 2025. But I think the loss will be less than 50 mil.

At what point will the well of cash be sucked dry?

10-27-2023 | 05:59 AM

#162

pangolin

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Joined: Jul 2017

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From: CRJ9 CA

Quote:

Originally Posted by TransWorld

At what point will the well of cash be sucked dry?

Ask big daddy United.

10-27-2023 | 08:08 AM

#163

amcnd

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Joined: Jul 2008

Posts: 4,302

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Quote:

Originally Posted by TransWorld

At what point will the well of cash be sucked dry?

They are trading below a $1. And could start the 30 day delisting process. That hurts them with gaining capital. They need there stock price to rebound. But doubt it will..

10-27-2023 | 12:05 PM

#164

pangolin

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Joined: Jul 2017

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From: CRJ9 CA

Quote:

Originally Posted by amcnd

They are trading below a $1. And could start the 30 day delisting process. That hurts them with gaining capital. They need there stock price to rebound. But doubt it will..

Maybe just take it private. Or reverse split. Or you and I get together and buy controlling interest.

10-27-2023 | 06:36 PM

#165

Point85ToTheFix

Not a fed just going home

Joined: Oct 2023

Posts: 122

Likes: 61

Quote:

Originally Posted by pangolin

Maybe just take it private. Or reverse split. Or you and I get together and buy controlling interest.

You may be joking but with today's market cap down to 20M, I know captains at the big 3 that could buy controlling interest by themselves lol 😂

Are you even a pilot if you don't own an airline? It's a great starter airline for first time owners 😂

10-27-2023 | 10:40 PM

#166

rickair7777

Prime Minister/Moderator

Joined: Jan 2006

Posts: 45,167

Likes: 803

From: Engines Turn or People Swim

Quote:

Originally Posted by Point85ToTheFix

That's an idea. That would almost be cathartic, as a LAMA.

But then WTF do you do with it?

10-28-2023 | 03:10 AM

#167

killbilly

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Joined: Mar 2022

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From: pilot

Quote:

Originally Posted by pangolin

Ask big daddy United.

Especially ask them about the order of 19 E175s that Skywest intends to operate for them.

10-28-2023 | 05:55 AM

#168

Point85ToTheFix

Not a fed just going home

Joined: Oct 2023

Posts: 122

Likes: 61

Quote:

Originally Posted by rickair7777

That's an idea. That would almost be cathartic, as a LAMA.

But then WTF do you do with it?

Forget yachts, sports cars or giant homes with a view. Owning your own airline is the new ultimate mainline captain status symbol!

10-28-2023 | 05:58 AM

#169

BusBoe

On Reserve

Joined: May 2023

Posts: 138

Likes: 0

Quote:

Originally Posted by Point85ToTheFix

I think if you grab 3-4 old time legacy CA's, they can certainly team up and just buy out Mesa and actually know what to do with it.

10-28-2023 | 06:04 AM

#170

BusBoe

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Joined: May 2023

Posts: 138

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Quote:

Originally Posted by rickair7777

That's an idea. That would almost be cathartic, as a LAMA.

But then WTF do you do with it?

Do what JO isn't doing quick enough.

Convert to an all ejet fleet. Add e-190 to the pax fleet (it's the same type rating as e 175 and maintenance is basically the same, Mesa is adding them for cargo anyway).Get rid of all crj asap. Add new routes (internationally) to Europe, south america, central America, etc. Partner with amazon/DoD/military/etc for more 737 cargo contracts. Have an actual flow to United. Increase QoL for pilots (although this is more of a union thing than an owner thing) etc.