MESA STOCK slumps to a new low today
04-26-2008, 07:08 AM
#32
Gets Weekends Off
Joined APC: Jun 2007
Position: Beach Bum
Posts: 322
Originally Posted by flybywire44
We should all have bought MESA stock with options betting its demise... We of all people saw this coming.
04-26-2008, 07:26 AM
#33
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Joined APC: Apr 2007
Posts: 3,803
Originally Posted by stinsonjr
Potential Mesa strategy:
For any low-timers, would it make sense to apply to Mesa, take the training and get oriented to 121 flying? I say this because Mesa is either going out of business soon, or there will be big changes (as in JO is pushed out). In the meantime, an applicant gets 121 training, gets to experience life at a really crappy regional (which will make the next one seem like Shangra La), and will probably not have to face it for long - something is going to happen soon (BK, change of control, etc). Think of it as a free RJ familiarization course.
For any low-timers, would it make sense to apply to Mesa, take the training and get oriented to 121 flying? I say this because Mesa is either going out of business soon, or there will be big changes (as in JO is pushed out). In the meantime, an applicant gets 121 training, gets to experience life at a really crappy regional (which will make the next one seem like Shangra La), and will probably not have to face it for long - something is going to happen soon (BK, change of control, etc). Think of it as a free RJ familiarization course.
04-26-2008, 02:26 PM
#35
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,293
Originally Posted by stinsonjr
Potential Mesa strategy:
For any low-timers, would it make sense to apply to Mesa, take the training and get oriented to 121 flying? I say this because Mesa is either going out of business soon, or there will be big changes (as in JO is pushed out). In the meantime, an applicant gets 121 training, gets to experience life at a really crappy regional (which will make the next one seem like Shangra La), and will probably not have to face it for long - something is going to happen soon (BK, change of control, etc). Think of it as a free RJ familiarization course.
For any low-timers, would it make sense to apply to Mesa, take the training and get oriented to 121 flying? I say this because Mesa is either going out of business soon, or there will be big changes (as in JO is pushed out). In the meantime, an applicant gets 121 training, gets to experience life at a really crappy regional (which will make the next one seem like Shangra La), and will probably not have to face it for long - something is going to happen soon (BK, change of control, etc). Think of it as a free RJ familiarization course.
They will probably not shut down immediately, if at all. A Ch.11 filing would likely see the pilot contract tossed out, which would mean a downgrade from indentured servitude to outright slavery.
04-26-2008, 05:15 PM
#38
Portuguese Troubleshooter
Joined APC: Aug 2007
Position: Burrito Bomber
Posts: 370
Originally Posted by rickair7777
Risky. The problem is that if they don't furlough you, then you are stuck with either riding it out or breaking the training contract. They have recently sued numerous ex-mesa pilots for that.
They will probably not shut down immediately, if at all. A Ch.11 filing would likely see the pilot contract tossed out, which would mean a downgrade from indentured servitude to outright slavery.
They will probably not shut down immediately, if at all. A Ch.11 filing would likely see the pilot contract tossed out, which would mean a downgrade from indentured servitude to outright slavery.
04-26-2008, 06:34 PM
#39
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Joined APC: Mar 2006
Position: Cessna 152 Captain
Posts: 695
Originally Posted by ImEbee
Does BK actually give an airline the right to throw out a CBA? Sounds a little far fetched.
04-26-2008, 06:40 PM
#40
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Joined APC: Jun 2006
Posts: 919
Originally Posted by rickair7777
Risky. The problem is that if they don't furlough you, then you are stuck with either riding it out or breaking the training contract. They have recently sued numerous ex-mesa pilots for that.
They will probably not shut down immediately, if at all. A Ch.11 filing would likely see the pilot contract tossed out, which would mean a downgrade from indentured servitude to outright slavery.
They will probably not shut down immediately, if at all. A Ch.11 filing would likely see the pilot contract tossed out, which would mean a downgrade from indentured servitude to outright slavery.
You make an excellent case as to why this is risky. One question though...if Mesa can break the CBA, then why shouldn't the training contracts also be tossed? Obviously, if the CBA is tossed and QOL gets even worse for MAG pilots (not sure how, but lets say it can) then the terms of the original job offer that included the training contract have changed...shouldn't that void the training contract?
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