I feel bad for Mesa
11-03-2008 | 07:23 AM
#171
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Joined: Oct 2006
Posts: 437
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From: NU Guy
Yeah I'm out of the biz for a little while. An aviation sabbatical of sorts.
11-03-2008 | 09:17 AM
#173
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Joined: Nov 2005
Posts: 2,707
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According to their last 10k they own
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold already)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.
That has to be worth more than the Market Cap of 9 Million.
If Mesa wins the injunction against Delta expect their stock price and market cap to shoot up. If they lose I believe the stock holders will push for liquidation. The assets are worth far more than the company and any stock holder would actually make money on a liquidation.
11-03-2008 | 04:50 PM
#174
Line Holder
Joined: Apr 2007
Posts: 32
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From: Furloughed
According to their last 10k they own
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold already)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.
That has to be worth more than the Market Cap of 9 Million.
If Mesa wins the injunction against Delta expect their stock price and market cap to shoot up. If they lose I believe the stock holders will push for liquidation. The assets are worth far more than the company and any stock holder would actually make money on a liquidation.
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold already)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.
That has to be worth more than the Market Cap of 9 Million.
If Mesa wins the injunction against Delta expect their stock price and market cap to shoot up. If they lose I believe the stock holders will push for liquidation. The assets are worth far more than the company and any stock holder would actually make money on a liquidation.
11-03-2008 | 06:47 PM
#176
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Joined: May 2007
Posts: 698
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They have over $500 million in debt from what I have seen. As for liquidation, I don't see how they could really do that since their debt is already equal to, if not more, than their assets and they also have lawsuits from Delta and Aloha, which would add some more in that debt category.
11-04-2008 | 08:46 AM
#177
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Joined: Jan 2008
Posts: 742
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From: On Top
They have over $500 million in debt from what I have seen. As for liquidation, I don't see how they could really do that since their debt is already equal to, if not more, than their assets and they also have lawsuits from Delta and Aloha, which would add some more in that debt category.
11-04-2008 | 01:08 PM
#179
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Posts: 742
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From: On Top
11-04-2008 | 08:19 PM
#180
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Joined: Jan 2007
Posts: 3,048
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From: Self employed
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