Mesa Merger Scenarios
07-10-2010 | 08:56 AM
#11
Line Holder
Joined: Jan 2008
Posts: 92
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From: 737 RIGHT SEAT
Do you know something people at Mesa do not? There has been a lot of chatter about Skywest over here lately!
07-10-2010 | 09:02 AM
#12
*********
Joined: Dec 2007
Posts: 1,068
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You never know what could happen; no sense in slamming the door on the future until you know what the future might hold.
I'm happy elsewhere, but am holding on to my # in the event that something good might happen to our pilot group (Read: new ownership, possibility for movement).
07-11-2010 | 10:11 PM
#13
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Joined: Mar 2010
Posts: 98
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If your furlough is comming soon, I think it would be better to wait for the furlough. You will get the WIA grant, unemployment, foodstamps, and a possible call back incase you need a job in the future. But the WIA can be a difficult thing to get. If you are married and your wife works, then you will probley brake the income limit for the WIA grant. The possibility for a callback in the future can be nice, you never know whats going to come your way.
07-12-2010 | 02:38 AM
#14
Gets Weekends Off
Joined: Jan 2010
Posts: 110
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NOBODY IS GOING TO BUY MESA AIRLINES. Someone however might buy Mesa Airlines CRJ's and what is left of their contracts. Why would anyone want Mesa? Only senior pilots left on that list, integrating lists including furloughs who have not gotten a job elsewhere yet), and almost nothing left on contracts.
At this point, it is cheaper to just let Mesa go by the wayside and a regional can deal with their lessors to get the leases for 25 cents on the dollar or something along those lines.
At this point, it is cheaper to just let Mesa go by the wayside and a regional can deal with their lessors to get the leases for 25 cents on the dollar or something along those lines.
07-12-2010 | 07:06 AM
#15
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,895
Likes: 690
From: Engines Turn or People Swim
Also the creditors might insist on such a deal prior to allowing mesa to exit BK (I would). That way they get as much cash as they can up front and walk away vice getting paid in questionable mesa-2 stock.
07-12-2010 | 08:37 PM
#16
Gets Weekends Off
Joined: May 2006
Posts: 1,246
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From: WB Bunkie
My only thought would be that buying Mesa will likely guarantees an airline contracts for fee-for-departure flying with 70s/90s with a stream-lined albeit senior airline VS. hoping US Airways and possibly United awards you (insert, AWAC, XJT, SkyWest, et al) the flying.
07-12-2010 | 10:26 PM
#17
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Joined: Mar 2009
Posts: 86
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I’ll weigh in on this one and consolidate what some folks have already said. Mesa still has two standing viable, current contracts. When the bankruptcy court grants the approval to exit bankruptcy, it will be with a business plan that many parties have vetted. At that point, Mesa, a streamlined, debt balanced company, could be “in play” and be bought by another company who would absorb and possibly diversify into the United and USAir contracts with the 700 and 900 flying.
The chances of Mesa just “going away” is too remote and unlikely to even comment on. The UAL and USA contracts with the 7 and 9 flying alone more than likely would stop such an event. Doing a quick scan of the APC profiles show only Mesaba has more 900’s, 3 more, than Mesa. Raise a little money with the sale of GO (to who I don't know!?), and let Piedmont pick a PHX base and everybody’s happy.
My friends there pretty much feel the only way forward, the lesser of evils, would be a purchase of the company, anything to shed their management. Becoming a division of a viable other airline may be a nice change. Who knows, but I guess we will all see soon enough.
The chances of Mesa just “going away” is too remote and unlikely to even comment on. The UAL and USA contracts with the 7 and 9 flying alone more than likely would stop such an event. Doing a quick scan of the APC profiles show only Mesaba has more 900’s, 3 more, than Mesa. Raise a little money with the sale of GO (to who I don't know!?), and let Piedmont pick a PHX base and everybody’s happy.
My friends there pretty much feel the only way forward, the lesser of evils, would be a purchase of the company, anything to shed their management. Becoming a division of a viable other airline may be a nice change. Who knows, but I guess we will all see soon enough.
07-13-2010 | 03:11 AM
#18
Gets Weekends Off
Joined: Feb 2007
Posts: 774
Likes: 0
From: EMB145
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My friends there pretty much feel the only way forward, the lesser of evils, would be a purchase of the company, anything to shed their management. Becoming a division of a viable other airline may be a nice change. Who knows, but I guess we will all see soon enough.
My friends there pretty much feel the only way forward, the lesser of evils, would be a purchase of the company, anything to shed their management. Becoming a division of a viable other airline may be a nice change. Who knows, but I guess we will all see soon enough.
07-13-2010 | 05:14 AM
#19
Gets Weekends Off
Joined: Dec 2007
Posts: 1,203
Likes: 0
From: Hot tub for now
Mesa has 1.5 yrs left with the us air contract. We already know that Doug p. Is not going to renew the 200 flying when that comes up 4 renewal. It is very possible that us air does a deal with gecas or wells Fargo and takes control of the 900's. Mesa will need to get a contract renewal before exiting bankruptsy.if not then it's lights out. We still have no idea if continental/united management is going to renew their contract as well.
07-13-2010 | 08:51 AM
#20
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Joined: Mar 2009
Posts: 86
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Not sure how accurate the profile info is here but it shows that Mesa has a measly 14 200’s on property. Other carriers have hundreds. Don’t know how many are flying for Go!. I wouldn’t be surprised if in BK, the 200’s are parked. Now Mesa has right-sided it’s platforms for the flying the codes want and we’re all competing against a debt free, post BK Mesa that has something to prove.
You’re right about the contracts up for renewal, don’t know the time frame on them, but everybody has to go through that ringer, and to go into a bid without trying to find a home for 200’s doesn’t seem like it’s a bad thing, ah the pleasures of regional flying.
You’re right about the contracts up for renewal, don’t know the time frame on them, but everybody has to go through that ringer, and to go into a bid without trying to find a home for 200’s doesn’t seem like it’s a bad thing, ah the pleasures of regional flying.
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