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Mesa 900's
I thought I read in the past that America West co-signed for Mesa's 900's before the merger with LCC. Is this true or does Mesa own/lease them on their own?
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Originally Posted by theHub
(Post 686313)
I thought I read in the past that America West co-signed for Mesa's 900's before the merger with LCC. Is this true or does Mesa own/lease them on their own?
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wells fargo/wachovia owns them and me until i pay them back.
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What's with all these Mesa threads lately? Is the end near, are the rats abandoning ship?
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Originally Posted by AirWillie
(Post 686332)
What's with all these Mesa threads lately? Is the end near, are the rats abandoning ship?
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Mesa owns I think 16 of them, but I'm sure they have mortgages. If you want the exact numbers, check the SEC filings -- they're listed as assets.
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Originally Posted by CaptKrunch
(Post 686342)
The Rats have been gone for years. The roaches are running the show and they are here to stay.
Go back to flying your warrior.:D |
Staffing Language and PBS Language
MAG Pilots,
Please call or e-mail your ALPA MAG Representatives and insist on a Letter of Agreement including either pilot staffing level language and/or PBS protection language. Let the MEC also know that we insist that they "cease and desist" the insulting PBS "unstacking" excuse letters and begin to represent the needs of the MAG pilots or we will begin the process to remove the current PBS "optimization software" and replace the current MEC and Negotiating Committee. winglet |
Originally Posted by AirWillie
(Post 686332)
What's with all these Mesa threads lately? Is the end near, are the rats abandoning ship?
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They might as well put a for sale sign on those 900s. The end is indeed near.
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Originally Posted by Trip7
(Post 686621)
They might as well put a for sale sign on those 900s. The end is indeed near.
Keep dreaming. There not going away anytime soon. |
Originally Posted by StrikeTime
(Post 686696)
Just like it was near when they were negotiating the bonds… just like it was near when they couldn’t find pilots… just like it was near for the last 3 years.
Keep dreaming. There not going away anytime soon. This may help: Investopedia explains Reverse Stock Split For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted. |
Originally Posted by Trip7
(Post 686704)
This spring they did a reverse stock split that helped them pay the bonds. It was a drastic, last minute move of desperation that help them last a lil longer, but Mesa is indeed on its deathbed.
This may help: Investopedia explains Reverse Stock Split For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted. Like I said, keep dreaming. |
To the pilots at Mesa:
If you think the MEC is being fair with this whole PBS problem, let me give you something to think about. I am in no way affiliated with Mesa but I do have friends there, some of which are part of the MEC. This is coming straight from them: About 85% of the MEC DOES NOT WANT to send PBS to the pilot’s to vote. The 15% that do are quickly being lectured on why they shouldn’t send it to the pilot’s to vote. These are mostly the senior guys that are greatly benefiting from PBS. Keep that in mind when you write to the MEC. The pressure to vote on it must come from the pilot’s. |
Originally Posted by Ski Patrol
(Post 686524)
Do you work at Mesa? I know alot of good people over there.
Go back to flying your warrior.:D SECONDLY a PA-44 is a Seminole. :cool: |
Originally Posted by Trip7
(Post 686704)
This spring they did a reverse stock split that helped them pay the bonds. It was a drastic, last minute move of desperation that help them last a lil longer, but Mesa is indeed on its deathbed.
This may help: Investopedia explains Reverse Stock Split For example, a 1-for-2 reverse split means you get half as many shares, but at twice the price. It's usually a bad sign if a company is forced to reverse split - firms do it to make their stock look more valuable when, in fact, nothing has changed. A company may also do a reverse split to avoid being delisted. Express Jet did.......1-10 I believe. You are a anti Mesa drama queen. |
Originally Posted by logic1
(Post 686819)
They did not do a reverse stock split. Mesa ADDED shares.
Express Jet did.......1-10 I believe. You are a anti Mesa drama queen. A lot of people like him live in fantasy land… |
I'll know the end is near if/when JO disappears out of country. He is the king rat and if you know he has a golden raft (to stick with the boat analogy) ready and waiting for him.
I'm still surprised they haven't been delisted yet, I thought that was supposed to happen months ago. I guess I don't understand the stock market well enough. |
Originally Posted by FlyASA
(Post 686843)
I'm still surprised they haven't been delisted yet, I thought that was supposed to happen months ago. I guess I don't understand the stock market well enough. |
About 85% of the MEC DOES NOT WANT to send PBS to the pilot’s to vote. The 15% that do are quickly being lectured on why they shouldn’t send it to the pilot’s to vote. These are mostly the senior guys that are greatly benefiting from PBS. If you don't know what you're talking about, sometimes it's better to just say nothing. Peace out. |
Nordo,
The majority of the MEC is of the standpoint that we are still learning and working out the bugs with the PBS system, therefore they think it's premature to opt out of PBS. While I can understand that viewpoint we have til Dec to decide to retain or toss PBS. However the MEC, from what I've heard, does not appear to have any intention of sending it out to the membership for a vote. Most are senior guys and PBS is working for them... besides PBS was their "crown jewel" in our new contract. Personally I would've spend my time concentrating on eliminating the current loopholes in our old contract, getting 13 days off for lineholders, 11 for rsvs and BorB. |
If you are talking about the MEC as JO's PHX-based golf buddies, then you are 100% correct. My ALPA rep has been drinking the kool-aid and telling me that PBS is the greatest thing since sliced white bread and that I should be grateful for being sent to the street with the help of PBS and Management's hosing the pilot group.
One of my downgraded CA buddies asked the MEC "leadership" if we are going to have a vote in/before December, and was told that it was going to cost $18,000 or something to set up the balloting, so probably no "formal" vote would take place which is utter B*. The MEC "leadership" sure seems to be more disposed to represent the folks who are between 1 and 200 on the global list... and I'm with you on making the contract better, and getting actually better QoL things up front, not incrementally as they seem to be doing and then acting like 3rd graders with a gold star on their homework. It remains to be seen whether or not we keep that crappy system or not... I hope not. |
Start recall votes then until the cost for the balloting for those exceeds $18,000. Wonder how many that would be.
Sad part about being in Mesa and as a volunteer for the MEC there is that the pilot group is so detached from the union, with the exception of a vocal minority. You say they're screwing over us junior guys (and I'm in the same furlough boat as you) but the pilot group gives so little guidance to the MEC that it's really our own fault. |
Originally Posted by nordo
(Post 686913)
I'm not even sure I understand What The EFF that means. I'm a furloughed Mesa pilot, and for the most part everyone I know hates PBS, even a few of the senior guys do because the results are (1) NOT reliable and (2) are subject to more than a little manipulation by management with little "tricks" like "Unstacking". Not to mention FLiCA and PBS are not even close to being in sync because of Management manipulation of the system.
If you don't know what you're talking about, sometimes it's better to just say nothing. Peace out. The majority of YOUR MEC does not want to send a vote to the pilot group on PBS. They are on management’s side with this one. Do you understand now, ‘dude?’ ‘Peace out.’ |
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