Countdown to the Mesa vs. Delta hearing on 01/30/2009
#11
Two months after that (or less if the FAA pulls their 121 cert for poor finances) they will probably be forced to attempt to file Ch.11. Under the new BK laws, this should require DIP financing IN ADVANCE. If they cannot find a sucker to dump large amounts of cash into MAG, they will go directly to liquidation.
My prediction for the fight????? Painnnnnnnnnnnn!
#12
I know I'm going to stir the pot but came across this video that I'm sure some of you would want to see.....
YouTube - Regional Rivalry
YouTube - Regional Rivalry
#14
As I said in a different thread. Delta wouldn't be pursuing this if they didn't think they would win. People are saying otherwise, but it's been quoted by the judge who issued the injunction, that the injunction was ONLY GRANTED because he DIDN'T WANT TO PUT THE COMPANY OUT OF BUSINESS WITH ONE SWING OF THE GAVEL. He wanted all the information presented.
Again..Delta would NOT be pursuing this if they didn't think they would win, and Mesa has NO CHOICE but to fight it, because frankly...they most likely WILL go out of business without that $20 mil a month.
Again..Delta would NOT be pursuing this if they didn't think they would win, and Mesa has NO CHOICE but to fight it, because frankly...they most likely WILL go out of business without that $20 mil a month.
#15
Andy's right, at first i posted that i thought there would be a settlement, but they would have reached one by now. DAL must really want the contract terminated, because of the resources they were willing to commit to this legal battle.
Last edited by pxm21; 01-26-2009 at 04:56 PM. Reason: retraction
#16
But that didn't happen, the fact that it's been SIX months since the injunction (or so) and Delta went after those CRJ900s tells me that they mean business.
#17
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#18
I don't think so, if that was the case..and Delta wasn't really serious about dumping Mesa. I think you would've seen Delta say to Mesa, OK...we'll renegotiate with you, get you for even cheaper..or we cancel..your choice.
But that didn't happen, the fact that it's been SIX months since the injunction (or so) and Delta went after those CRJ900s tells me that they mean business.
But that didn't happen, the fact that it's been SIX months since the injunction (or so) and Delta went after those CRJ900s tells me that they mean business.
#20
Chautauqua gave Delta the 135s back without a fight and "possibly" a verbal agreement that Delta would pursue the injunction. Maybe BB laid down the 135s because he knew that Delta kicking Mesa to the curb meant that there would be more Delta 175s, United 170s and a ton of Airways flying.. He knows more than we do or maybe I just had two bottles of wine and 4 Sierra Nevadas.
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