JO does it again... (and Mesa recall rumor)
01-09-2009 | 06:07 PM
#61
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Joined: Jun 2006
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Let me spell it out like this.
Bond Holders:"Hey guys we sure appreciate the money for the bonds that are coming due".
JO:"OH... yea... errr........... lets see I need to find a way to NOT pay you that money because... well... we don't have any. I know how about I avoid declaring BK right now by simply giving you a big bag of air and calling it stock repayment since it was agreed on in the past. That way my debts to you legally taken care of yet by the time you get to cash those shares out, if ever, they'll be worth nothing anyway! YAY I've avoided less people in line at the BK courts and can keep flying current contracts right now because if I had declared BK papa DAL would cut me off at the knees. Just a little more time to get golden parachute all lined up and papers burned so I don't go to prison!!" "Hey you there's porn on all the computers upstairs go start erasing everything!".
Bond Holders:"Hey guys we sure appreciate the money for the bonds that are coming due".
JO:"OH... yea... errr........... lets see I need to find a way to NOT pay you that money because... well... we don't have any. I know how about I avoid declaring BK right now by simply giving you a big bag of air and calling it stock repayment since it was agreed on in the past. That way my debts to you legally taken care of yet by the time you get to cash those shares out, if ever, they'll be worth nothing anyway! YAY I've avoided less people in line at the BK courts and can keep flying current contracts right now because if I had declared BK papa DAL would cut me off at the knees. Just a little more time to get golden parachute all lined up and papers burned so I don't go to prison!!" "Hey you there's porn on all the computers upstairs go start erasing everything!".
The guy sure knows how to run a business. . .or manage his little hobby. Anyone know where his family has their plots of graves?
01-09-2009 | 07:54 PM
#62
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Joined: Mar 2006
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From: EMB 145 FO
Well one more hurdle down for Mesa, one to go. Im keeping my fingers crossed and hope that I get called back sometime in 2009, im #61/64 furloughs. I know many people have moved on and gone elsewhere so we will have to see how many return.... Good Luck to everyone in this screwed up industry
01-09-2009 | 09:21 PM
#64
Thread Starter
Banned
Joined: Nov 2008
Posts: 1,006
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From: doggy style
Am I the only one who thinks this Mesa bashing and this thread has gotten way out of hand?
My final word on the issue: JO may be shady businessman, but he is playing within the rules on this one.
If you want to bash someone, it should be places like Key Lime, where jobs where the pilots should be paid by the company and not the other way around.
My final word on the issue: JO may be shady businessman, but he is playing within the rules on this one.
If you want to bash someone, it should be places like Key Lime, where jobs where the pilots should be paid by the company and not the other way around.
01-09-2009 | 11:18 PM
#65
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Joined: May 2006
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From: WB Bunkie
If there is a need for your flying it will be picked up by another pilot group IE hiring or at least less furloughs somewhere else. Many of us have a vested interest in this outcome so I doubt you'll find an objective statement about the health of MAG on these forums.
01-10-2009 | 06:32 AM
#66
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Joined: Jul 2008
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From: CL-65 CA
I agree. I hope every airline other than MESA goes out of business.
01-10-2009 | 08:21 AM
#67
New Hire
Joined: Dec 2008
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Sorry to interrupt the Mesa Bashing, But I’m just curious to see if those recalls went out to the 20 or so furloughs at Mesa. Has anyone heard if those guys got called back? I heard a rumor that AA sent out a handful of recalls this month (mostly old TWA guys) and another rumor that Frontier is calling back a few. This might just be a slight glimmer of hope in the industry. If these recalls are in fact going on, I doubt it’s attributed to economics…Just normal pilot attrition over the last few months.
Okay, so back to bashing Mesa. My mom is prettier than yours.
Okay, so back to bashing Mesa. My mom is prettier than yours.
01-10-2009 | 11:03 AM
#68
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Joined: Oct 2008
Posts: 248
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From: 320B
Sorry to interrupt the Mesa Bashing, But I’m just curious to see if those recalls went out to the 20 or so furloughs at Mesa. Has anyone heard if those guys got called back? I heard a rumor that AA sent out a handful of recalls this month (mostly old TWA guys) and another rumor that Frontier is calling back a few. This might just be a slight glimmer of hope in the industry. If these recalls are in fact going on, I doubt it’s attributed to economics…Just normal pilot attrition over the last few months.
Okay, so back to bashing Mesa. My mom is prettier than yours.
Okay, so back to bashing Mesa. My mom is prettier than yours.
There are 64 people on furlough from Mesa and they have not recalled a single person. I'm the 14th to be called and haven't heard anything...
01-10-2009 | 11:29 AM
#69
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01-10-2009 | 11:35 AM
#70
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Joined: Jun 2008
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From: Professional Monkey Trainer
