Mesa Chap 11 Filling
01-05-2010, 08:48 AM
#61
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Originally Posted by Drums4life
please please please please SkyWest buy us! please!
They won't buy the existing Mesa... but will buy the bits and pieces out of BK. In other words, whatever seniority / contract, etc, won't carryover to SkW.
But, you might get an interview. I'm told they're hiring. Best of luck to all.
01-05-2010, 08:56 AM
#62
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Originally Posted by carlomonte
Nothing will change in regards to current contracts with delta, united, and usairways. Under reorganization plan they can cherri pick contracts for ch11. As I understand only certain aircraft leases are in ch11 filing.
Customer contracts are not protected, they simply stand on their own merits. Theoretically, they could continue as though nothing happened...except all regional feed contracts have a provision to allow instant termination in the event of BK, due to liability concerns. If johny is broke and can't afford to maintain his airplanes, mainline would be raped in court in the event of an accident.
01-05-2010, 09:00 AM
#63
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Originally Posted by rickair7777
Customer contracts are not protected, they simply stand on their own merits.
The customers would have to reaffirm their contracts, if in fact they wanted to continue them.
DAL, for instance, would have to specifically tell the court that they wish to continue their contract with Mesa. Sure, that's gunna happen.
01-05-2010, 09:04 AM
#64
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Originally Posted by H46Bubba
Having gone through Ch.11, all contracts and aircraft leases come under perview fo the court. There's no picking and choosing. It's up to the mainline partner if they want to sever their contracts with MAG. Yes; the creditors loose out, but they have the upper hand during this process.
01-05-2010, 09:09 AM
#65
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Joined APC: Aug 2005
Posts: 6,408
Originally Posted by carlomonte
If i remeber right UA did some picking. As long as Mesa keeps their new bids lower than xjet, skywest, gojet…….UA, UsAirways will keep them. Delta could offer 40m or so for them to go away……..
01-05-2010, 09:09 AM
#66
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Originally Posted by carlomonte
If i remeber right UA did some picking. As long as Mesa keeps their new bids lower than xjet, skywest, gojet…….UA, UsAirways will keep them. Delta could offer 40m or so for them to go away……..
01-05-2010, 09:15 AM
#67
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USairways response as of now....
Mesa Files for Ch. 11 Protection to Reorganize January 5, 2010 - This morning one of our regional airline partners, Mesa, filed for bankruptcy protection. For US Airways’ customers, Mesa has committed they will continue to operate their full schedule. US Airways customers should not see any disruption to their travel plans as a result of Mesa’s reorganization.
Mesa currently operates 53 CRJ900, CRJ200 and Dash 8-200 aircraft for US Airways and complements larger jet service in approximately 70 markets.
We will keep employees and customers updated on any changes to US Airways’ service throughout Mesa’s reorganization.
Mesa Files for Ch. 11 Protection to Reorganize January 5, 2010 - This morning one of our regional airline partners, Mesa, filed for bankruptcy protection. For US Airways’ customers, Mesa has committed they will continue to operate their full schedule. US Airways customers should not see any disruption to their travel plans as a result of Mesa’s reorganization.
Mesa currently operates 53 CRJ900, CRJ200 and Dash 8-200 aircraft for US Airways and complements larger jet service in approximately 70 markets.
We will keep employees and customers updated on any changes to US Airways’ service throughout Mesa’s reorganization.
01-05-2010, 09:16 AM
#68
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Position: CL65 Captain
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Originally Posted by Theonemarine
I think AWAC is the only operator that could afford the -900's
All we here about is that we cost too much. I have no doubt that AWAC could afford to buy the ships, but I highly doubt we could competitively afford to operate them at the profit our owners want. Compared with the likes of Republic, GoJet, and others, our payscale for a "big" airplane would be too high and our union UNWILLING to bend.
01-05-2010, 09:22 AM
#69
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One other thing about the pilot contract...
Assume that OJ will try to get out of the seniority provisions (and training costs) of a bump-and-flush bid. He will furlough ALL ERJ pilots regardless of seniority and then try to get the court to OK it after the fact.
He's tried it before IIRC, but he might get away with it in BK.
Assume that OJ will try to get out of the seniority provisions (and training costs) of a bump-and-flush bid. He will furlough ALL ERJ pilots regardless of seniority and then try to get the court to OK it after the fact.
He's tried it before IIRC, but he might get away with it in BK.
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