MAG restructures its bonds
#11
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From: doggy style
Yea right. The ruling on the injunction was not because Mesa is right, they needed time to prepare the case, which I think is fare especially when it would BK the company. .............There are more airlines than I can count that fly for DCI, how are they keeping it together with even more airplanes? ................. Delta could sink the ship and buy their way out of the contract.
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...)
#12
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They were able to seek an injunction because of the devastating impact that the contract cancellation would have had. They were granted the injunction because there was enough evidence that Mesa was in the right. The CRJ contract did not get an injunction because DL owns those planes, but Mesa is still taking that to court...
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...)
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...)
I think if delta loses in court they may just pay them to go away. J.O. still needs a lot of money even with the restructuring of debt.
#13
Just like Madoff is not in Jail... Our Legal system is broke and has been for a very long time..However Karma is a Mother
#14
They were able to seek an injunction because of the devastating impact that the contract cancellation would have had. They were granted the injunction because there was enough evidence that Mesa was in the right. The CRJ contract did not get an injunction because DL owns those planes, but Mesa is still taking that to court...
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...) Posted by DENpilot
What about Comair who has a base in Jfk during the Quarter in question they posted 30 or so 100% completion days to 0 for mesa. Comair also had to cancel flights on certain days in that span for Delta departures
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...) Posted by DENpilot
What about Comair who has a base in Jfk during the Quarter in question they posted 30 or so 100% completion days to 0 for mesa. Comair also had to cancel flights on certain days in that span for Delta departures
#15
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Joined: Jan 2006
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From: Engines Turn or People Swim
I suspect that DAL has all the evidence they need...when I worked at MAG my observations led me to believe that operational performance numbers were generated by falsifying OOOI times. It would not take much effort to document that if DAL cared to do so.
The injunction was granted because MAG would liquidate without the DAL flying, not because there was any merit to the case. MAG will need to show some merit at this injunction hearing.
On the bright side, MAG stock is up 23%! Unfortunately that is only $0.03
#16
Gets Weekends Off
Joined: Nov 2005
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From what I have seen of both mag and SKW, MAG could never hope to operate at a performance level approaching SKW's. They mistreat their employees, who then fail to put forth much effort at crunch time...gee I wonder why.
I suspect that DAL has all the evidence they need...when I worked at MAG my observations led me to believe that operational performance numbers were generated by falsifying OOOI times. It would not take much effort to document that if DAL cared to do so.
The injunction was granted because MAG would liquidate without the DAL flying, not because there was any merit to the case. MAG will need to show some merit at this injunction hearing.
On the bright side, MAG stock is up 23%! Unfortunately that is only $0.03
I suspect that DAL has all the evidence they need...when I worked at MAG my observations led me to believe that operational performance numbers were generated by falsifying OOOI times. It would not take much effort to document that if DAL cared to do so.
The injunction was granted because MAG would liquidate without the DAL flying, not because there was any merit to the case. MAG will need to show some merit at this injunction hearing.
On the bright side, MAG stock is up 23%! Unfortunately that is only $0.03

That's an interesting theory. In fact there were suits in JFK for about a week a few months ago kinda just hanging out. Talked to a ramper and he said they were there "verifying times" and "watching the operation."
#17
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From: B757/767
They were able to seek an injunction because of the devastating impact that the contract cancellation would have had. They were granted the injunction because there was enough evidence that Mesa was in the right. The CRJ contract did not get an injunction because DL owns those planes, but Mesa is still taking that to court...
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...)
DL put Freedom in the toughest environment with the toughest schedules. To compare Freedom with Skywest or any other DCI, who operates in a cushy environment with lax schedules, is unfair.
DL could buy out of the contract, but it would be unwise financially to do so (at least from what I've heard...)
That's funny, COMAIR never seems to have a problem with it. Hmmmmm.

#18
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From: doggy style
Please... you obviously have no idea how an injunction is granted. You cannot just say 'this is going to put us out of business...' and get a free stay of execution. You have to prove that you have some merit and have a leg to stand on.
#19
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That's on their end. DAL will bring their own case like performance requirements etc. Those numbers don't rely on mesa. Also note that not all the notes were restructured. It's like Russian roulette. If one person decides to call in the puts the company will go BK and the others holding their bonds will be screwed.
Think about it!!!
What if,
just what if somebody wants their money??
what can happen then?
I wonder.................
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#20
That's all. There has yet to be any determination of who is right or wrong. All they did was have a "pre-hearing" to see if it was even worth going to court over. Mesa will crumble one way or another. A company that can't even pay it's notes doesn't stand a chance against the biggest airline in the world.


