You're mostly right.:)

JO said that we would declare chapter 11 by July 20 if we lost the delta flying. We won the initial ruling, and delta is appealing. Having said that, Delta resumed paying us when we won the injunction, so the cash flow is back, thus pushing the date we run out of $ back.

We own the ERJ's that we fly for Delta, and I think there's 36 of them. Delta owns the 14 CRJ-900's we fly for them. I haven't heard any news about those airplanes going away.

Yes, some flying has resumed, but considerably less than we were doing before. I think were down to 20ish airplanes, from the previous 36.

Again, not being a cheerleader for Mesa, just explaining our situation.

the ERJ's are leased to Mesa and DL is still paying enough $ to cover the lease and the crew's

there is no reason to go bankrupt with DL still coving the overhead of the freedom operation

If Mesa is not making money (ya, I know the creative math they use), it's not 20% of profit, it's 20% of (most likely) income. Presumably, if they aren't flying the routes, and don't own the aircraft (edit; ok, I read they own some, then I read they don't... who knows?), then they just furlough all the crews, fire any ground station / maintenance / support folks they have, and voilà, after the one time charge offs with realigning the company, costs should approach neutral.

Of course, a big blow to the size of the company, and perhaps a huge blow if it's one of their money making operations (that will further exasperate the losing ops, like go!).

Let's face it, to be short of pilots at ANY U.S. airline in a time when companies are folding and furloughing, with tons of pilots on the streets is an obvious sign (to me anyway) that something is more than not quite right.

The major shareholders aren't blind to any of this. I'm sure they'll want to do whatever will get them the most money. I doubt liquidation would be the answer. With BK, however, they may not get any choice. So, what do they do BEFORE that possibility ? Who knows.

By the way, the Delta case wasn't a win for Mesa. More like a reprieve. The judgment day is coming.


REPRIEVE - probably a blend of obsolete repreve to reprove (from Middle English) and obsolete repry to remand, postpone, from Anglo-French repri-, past stem of reprendre to take backDate: 1596 1 : to delay the punishment of (as a condemned prisoner)
2 : to give relief or deliverance to for a time

we dont own any erj's, we lease all of them.

and right now all of our erj's are still parked (in multiple places) and we are flying on an "on call" basis with delta to cover other DCI flights. I think we may have 3 ERJ's in JFK (might go up to 6) to cover other carriers and also add as a back up to our CRJ operation.

I was only pointing out that Delta doesn't own the ERJ's.

TonyWilliams-

We lease the 36 ERJ's from an entity OTHER THAN Delta.

We operate 14 CRJ-900's that are owned by Delta.

That's the Freedom skinny.

The only airplanes we own/owned are roughly 35-40 of the CRJ-900 (in USAirways colors), the 1900's (going away and gone now), and a few CRJ-200's.

The ERJ's, Dash-8's, and the rest of the CRJ's are leased.

So, 40 -900's and a few -200's.

Does Mesa "own" any gates ? Or anything of value to a BK judge / credit holders / investors ?

Don't think so. I believe we lease the training center, HDQ, MX hangars as well. It's all in our annual report. I'm just posting from what I remember reading.

its cheaper for mesa to always lease hangars and such since this company moves around so often............

Form my understanding Mesa has not been hiring/training new pilots and Flight attendance into the ERJ. Now that Mesa is temporally flying the ERJ’s again they need pilots and FA to operate them.

After delta originally terminated the contract many of the ERJ guys/girls found new jobs and add this to Mesa all ready high attrition rate no one is left to operate the ERJ. I even know a first officer who has started a new job and is still collecting his minimum guarantee from mesa and if he ever gets called to fly he is going to say “F#@% JO, I quit”.

I don’t see Mesa making it much longer. I don’t want to see any one lose his or hers job. Every one who has went to work for Mesa in the last few years has known this day was coming and should have all ready got out by now. I will have no hard feelings when Mesa finally closes it doors, acutely I will be quit happy as it will add a lot of job security to the rest of us who wanted higher standers.

Well,
I am facing furlough with a regional carrier that will not have CRJs on board too long. Who knows, maybe Mesa will not be that bad since noone else is hiring..

I just replyed to the email! I wanted to personally express my opinion of thier letter, and of thier company.

Its time the rest of you guys do this too!

Funny that this is your 1st post. Perhaps you are someone who has been banned in the past for your flamebait posts.

I'm sure we've lost some of the freedom guys, but most of them are enjoying the time off with pay. They are not going to train anyone on the ERJ. We are short on the Dash-8 and CRJ.

Tell your buddy he's a genius, as that will "really show them." It will also allow him the chance to explain why he was terminated from an airline in his next interview. Mesa or not, ask anyone who has a hand at hiring at the majors how that looks on PRIA paperwork. Since he didn't properly resign, turn in his pubs etc, they will terminate him.

The only thing that will bring us job security is oil prices dropping, a new CEO for nearly every airline in the industry, and a upturn in the ecomony.