Mesa Air Group Chapter 11 Info
#1132
#1134
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,149
Likes: 802
From: Engines Turn or People Swim
#1136
Go Knights Go
Joined: Apr 2008
Posts: 261
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From: OCC/Dispatch
On another BK note there is a rumor that MAG has 47 mil unaccounted for and the judge is not happy with that. If that's true one more strike againsit MAG executive mgmt.
LCC and Skywest continue to be the most likely canidates to assume MAGs 7 and 9 acft.
#1137
Airways isn't always known to be vouge. As for buying up Mesa it would seem logical to merge into PSA. Same aircraft type and PSA pilots recently proposed a new rate for 86 seaters.
On another BK note there is a rumor that MAG has 47 mil unaccounted for and the judge is not happy with that. If that's true one more strike againsit MAG executive mgmt.
LCC and Skywest continue to be the most likely canidates to assume MAGs 7 and 9 acft.
On another BK note there is a rumor that MAG has 47 mil unaccounted for and the judge is not happy with that. If that's true one more strike againsit MAG executive mgmt.
LCC and Skywest continue to be the most likely canidates to assume MAGs 7 and 9 acft.
Also, what is this about Skywest management sending an email to its employees about buying Mesa and making it a part of Skywest non union side.
#1138
Gets Weekends Off
Joined: Jun 2010
Posts: 417
Likes: 0
From: Schempp-Hirth
#1139
#1140
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,149
Likes: 802
From: Engines Turn or People Swim
Actually it's more likely that SKW would make a deal with the creditors to liquidate mag and buy the 900's. And yes this could easily be done, mag management gets to submit a POR, but so does anyone else who wants to...SKW could simply make a deal with US for the flying, offer the creditors cash up front for the assets, and submit an alternate plan to the judge which would be backed by the creditors and more to their benefit. Remember, the whole point is max benefit to the creditors.
SKW would then interview and hire their choice of mag pilots (and whoever else applies) to do the flying. That would be a good deal for the bottom 50% at mag, other than they would not see upgrade for ten years or so.
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