That is quite possible what DAL is going to do. However, I do see their other flying being scooped up by other regionals. If they go away, the vacuum it would create in PHX, CLT, PHL would be tremendous. On that side, there'd be movement.

 

We get paid Friday.

The MAG PAYROLL SNAFU is a great example of a moron, not a check not clearing.

If you got paid twice, spent the second check, then went into the red when the company took the money back, would you really be that mad? The guy spent money that wasn't his.

 

'Not that big of deal in the scheme of things' unless you are a pilot with a lot of seniority but don't quite meet the minimums of the majors and have to start all over at XYZ regional airline and need to get more PIC time before you move on. Not to mention, many regionals have furloughs or are overstaffed, they could get more flying and still not have to hire. Don't assume that all the 1300 pilots will find jobs at other airlines.

I know it happens all the time and it is the name of the airline game but it sucks for anyone who is playing musical chairs and is still standing up when the music quits playing.

Last year several airlines went under and that was before the economy was really bad. In fact, I think a majority of them went under before record fuel prices occured. My prediction is we will see as many this year. It will be interesting to see how the cookies crumble.

 

When Mesa stock hits $.02/share I am gonna buy 10,000 shares. If it goes up great, if Mesa liqidates oh well. I would be glad to see Mesa finally go. I win either way.

 

I agree there would be a few frames picked up here and there. I don't think we'd simiply see all the flying shifted from MAG to other regionals though.

Maybe Skybus will start back up.

 

Can it get any lower

 

Frontier hasn't gone that low and they've declared BK.

 

Their BK was triggered by a credit company changing how their tickets were paid for. Now that fuel is down, they seem to be getting by.

 

I don't understand how creditors are still giving mesa anything..the company is basically worthless!

 

They don't. They did at one point which is the foundation of this ordeal. They have to pay that money back and now that the tabs becoming due this is going to be very interesting watching JO work out of it.