Real Mesa News
 

So there are over 1,000 posts about Mesa in the last week or so. I honestly do not have the time nor the patience to read through 1,000 posts of "Mesa Sucks," followed by current Mesa pilots defending the company.... blah blah blah....


What is really going on at Mesa??
FACTS ONLY PLEASE

Has the outcome of their injunction been decided? If not, does anyone have a link to the website of the appeal's court, so that we can check frequently to see if the outcome is released?

How much cash do they have on hand? If you don't know, how much cash did they have on hand at the end of the 4th quarter, or 3rd quarter if they are slow at releasing numbers. A source would be nice too.

What is going on with their bond repayment? How much money do they owe, and when do they have to pay it?

Any other factual and relevant news?

It is call Google or Yahoo Finance. If you take the time to make you own research we will not have another trend here with another 1,000+ posts

60 million ish in cash as of september 2008, I think thats what they said on the quarterly call. GO is supposedly cash flow positive.

LMAO!!!!! Thats exactly how it goes on this website.

why is everybody on this forum so interested in Mesa? Everybody thinks if one airline goes under, everybody else will benefit and get more flying. The truth of it is it hurts all of us as pilots if anyone goes under. Many of you are like rabid dogs waiting for the kill. It's pathetic. Get a life.

I couldnt agree more! Finally someone who makes sense.

I worked at Mesa and got the hell out. Mesa made my life a living hell for about a year and I hope that company is completely disolved and JO is marched off to a federal pound you in the arse prison. I believe Mesa has a bad product as is evident by their parent contract companies who all wish them gone. I can only hope for the pilots sake they are snatched up by the companys that pick up Mesa's flying. I know for one SkyWest is prepared for such a task. I know it's harsh but, it's the reality of the biz. It doesn't hurt us as pilot's if an airline such as Mesa goes under - It's an imporvement... It goes to show that being a scuz bag airline that treats their people like second rate dog shniz isn't gonna fly anymore. I don't consider myslef a rabid dog because of my feelings - I worked for a rabid dog named JO.

You dont understand mesa then. That place drags this whole industry down for everything, pay, schedules, everything. If mesa goes, yes, pilots on the street but good companies will pick up, key word some of their flying, not all but some. So when things get better again Mesa wont be there to pick up the pilots that want to work for pennies. The benefit is for pilots for the long term, not the short term. Plus it eliminates another scum sucking CEO which is a beautiful thing.

Point taken. Now on to the important stuff.

I've never traded stocks before but i am thinking about putting in a buy order for 2000 shares at $0.04 (About 80 bucks plus commission). Of course, its a gamble. We will see the outcome!

Any news or hints on when the Delta outcome will be announced?

And off they go, let the race begin............


Sorry iahflyr

Just as long as you know that would be like putting money in a slot machine. High risk and high reward. Make sure you can loose that money though, every site I have seen is rating Mesa a a Hold or Sell. No one is saying to buy it.

Alright, I work for Mesa as an RJ F/O. Let me say a few things.

I know why people say Mesa has dragged the industry down, and I know why people don't like management, and disrespect the pilots. BUT - would you rather see us turn the place around or just go out of business. If I were on the outside looking in, I'd want to see 1,300 pilots (4,500 total employees about) keep their jobs and make the company better. I can tell you in the last year and a half, IT IS A DIFFERENT COMPANY. People are actually enjoying going to work now, and it's continuing to move ahead. I'm very excited about the changes that are happening. I think we are well on our way to becoming a more respectable carrier. I work my butt off to make this a better place, and I know so many other people at this company that are in the same boat. We just aren't sitting around getting beaten up and taking it up the butt - we are actively working to enhance our quality of life in many ways.

As far as the financial status - I have no idea how much cash we have in the bank. I don't even know if I WANT to know. I don't understand a lot of that stuff, so I'd probably just be more confused than I already am. What I AM trying to do is stay positive, and just do my job as well as I can, make my passengers as happy as I can, and help my crew out as much as I can.

I attended the Delta lawsuit in Atlanta a couple of weeks ago. I feel VERY positive about the outcome of that trial - and I expect we will win it. No decision has been reached however and we are still waiting for the ruling. The court had 2 weeks to a month to make a ruling.

That's about it right now. I just wish people would stop degrading us and stop to support us. Just a few words of encouragement would be nice. Wishing people out of a job just makes people look trashy - and doesn't say much about someone. I think we'll survive. There are a lot of committed people at my company that have the drive to succeed, and I'm one of them. :D

Well that dog in your pic looks rabid! Ive seen dogs like that take a mans leg off with just one bite!

I heard Ameriflight is going to buy MESA :)

lmao.... don't start... :p

will mesa's death change anything? no... it will just make a lot of people happy for about an hour.

if more time was spent sticking together and helping one another like i've seen on previous threads then perhaps the revolution can begin. until then we'll just continue blaming everyone else for the fact that chicken tenders and a pint at yet another faceless crowe plaza is concidered a financial hardship.

that's the problem with you people. You think that all of the flying is going to get snatched up by other regionals and it will be a win win situation. WRONG. All of the major carriers would jump at the chance to reduce flying with no reprocutions. I'm sure skywest would get some flying as well as some others, but much of it will be lost due to this economic environment. The long term reality will be more pilots on the street desperate for jobs and managements with more power than ever. The more jobs that are open, the more power we have. Less jobs= less power for us.

It's true! Once Ameriflight buys MESA they will convert all the DASH 8's, ERJ's, and CRJ's into freighters to help out the banks. We will be flying post dated checks on closed accounts for the banking industy....it's all part of the economic stimulus package.!!!:)

Right. That was my point in my long reply the other day in the Mesa 6 cent stock thread. Lets NOT focus on how much people want my company, my livelihood and my lifeline to die - and focus more on how we can become united, stand up for each other, learn as much as we can, be the best pilots we can - and get this darn bar raised and make our industry what it ought to be. Come on guys!!!!!!

Very true - thank you for pointing this out.

lmao you're such a turd... i love it.

I think YOUR wrong. The flying done by Mesa for both US Airways and for United would have to be covered. Mesa does ALL the flying for Airways on the West Coast. No matter how dumb people think Doug is he is not going to NOT fly RJ's on the west coast. On the United side they do quite a bit of 200 and 700 traffic meaning either Skywest of GoJet would have to pick up the slack. The fact is a regional the size of Mesa can't disappear without leaving a sizable void even in today's economy.

I'm not sure about other flying but as far as the UA and Airways East, there are a whole bunch of regionals that would like all of that. Besides, Skywest or Gojet, you forgot to mention TSA which does a lot of 50 seat ORD flying and most IAD 50 seat flying for United if Mesa wasn't there. I would imagine PSA and AirWisconsin could help out too...

" Pork Bellies,.................. I knew it!!":D




Trading Places


Save your money dude!! ( really not a smart move, really)


If you feel the need to invest, buy some triple tax free municipal bonds, average yield these days is 5.5% , clean!!! You can make more, if you can get them at a discount!!

You are completely right sir. Very insightful. Doesnt matter how much the legacies my want to reduce domestic flying, they are not stupid enough to lose the revenue from those areas, nor the presence an RJ gives them. If mainline does not go there, the regionals will always have a flight. And that is a lot of flying that Mesa does in the SW, mid-west, NW, and west coast, just to mention a few areas. Look at their route maps and pay attention to how many cities they go where mainland either doesn't go, or just have one flight into it. Some of it will go by the wayside, but the large majority will be scooped up by the other regionals.

Go to Yahoo, click on the finance tab, type Mesa in the stock search engine, you'll find everything you need right there.

Pilots are good for talking about flying, beer, and women (not necessarily in that order), but are generally babbling baboons when it comes to economics and airline financials.

You'll also get a more impartial synopsis from Yahoo, minus the partisan bickering that mushrooms from any thread on APC that contains the word "Mesa".

Good luck,
The Duke...

I think you should fully read my post before you respond. Yes some of it will be covered by somebody else, especially the 900 flying. But, I guarantee the majors have no desire at all to recoupe 50 seat flying if Mesa went under. Much flying will lost. Over 3/4 of mesa's fleet are 50 seaters. Nobody has any desire to keep 50 seaters going, they are slowly being phased out. US airways is taking every oppurtunity to reduce them as is delta and I'm sure United wouldn't mind as well if they had the oppurtunity. Look at the TSA/GoJet situation, need I say more? The majors are going to keep on with this until they have nothing but 70 and 90 seaters that are full. It is not economic to fly around 50 seaters with 12 people on board. And don't say you havn't had flights like that. You think that's making money? It's not. The only thing keeping anybody going is these contracts. The only airline immune is the one and only airline with only 700's. The rest of us are all prey.

HAHA! Great reference.....Winthorp!

Wait a minute, the 50 seaters started to magically become less appealing when the price of oil was 150 dollars a barrel, now pretty much every major is reconsidering. No doubt CRJ9s are becoming very appealing but using your example of having only 12 aboard, which airplane will be more economical a 50 or 70 seater?

There should be more "real" Mesa news coming up in the next few days-

I think you should reread your own post and ask yourself why you wrote it. The 50 seater was not profitable when gas was at $150 but now that it is under $40 I think the 50 seaters are doing just fine. Your right in saying the regionals are probably still going to get rid of MOST of them but there is not much of an incentive to do so right now. As for your little example, I would seriously doubt even a Dash8-100 would make money with 12 people on it. And yes I have been on a flight with no Rev pax on board it happens its called life.

Nice to see this thread got hijacked too. Nobody has enough respect for the loss of our bothers and sisters on other threads, so why should this one be any different.

On Jan 6, 2009, Mesa received shareholder approval to authorize up to 900 million shares. Mesa is now negotiating with the major bond holders and apparently the talks are going well. So it looks like Mesa may not have any cash outlay for those debt repayments.

Check the Mesa airgroup website under investor relations. Looks like they paid out 1.8 million in cash and over 11 million in stock. To boring to read for me since I don't invest in any airline.

I have not been able to find anything on the Jan 30th court date.

Hope it at least helps a little.

What is more appealing is having less flights with more seats. (70 or ninety seaters). We all know the 70 and 90 seaters are much more economical, we don't need to argue that. Less flights would prevent the 12 passenger example. It's just a matter of time until more 70 and 90 seaters are out there to drive out the 50 seat market. We also know the majors are more favorable to 70 and 90 seaters than 50 seaters and they are doing everything they can to cut down on fifty seat operations. The price of oil has nothing to do with it, now it's the economy. The airplanes aren't getting filled 100% of the time, which is the ultimate goal. If the economy was good, the price of oil would be high anyways, so what's the difference? At the end of the day the most efficient airplanes with the most passengers win, and it isn't the 50n seaters. For those of you who know already I'm sorry for saying this but the 700 doesn't burn much more than the 200 and it's 10 times the airplane and carries more people and almost never has weight and balance issues.

What you call "life" is changing everyday. You think our major partners are sitting in their boardrooms looking at these numbers and saying, "oh well 12 pax, that's just life. We can just swallow another 10,000 seats this month afters all that money we lost last year." During a tight time like this numbers and statistics are under the microscope more than ever. Just because oil is cheap now doesn't mean greener pastures are ahead. We all know it can go back up anytime. Sorry but things are changing as we speak. For all of you thinking there is a ray of sunshine coming to put 100% of these 50 seaters in full swing due to Mesa or any other carrier going under you are sadly mistaken. The only ray of sunshine is age 65 retirees coming up in 4 years.

The CRJ7 is almost the same as an CRJ2/ERJ as far as cost. The 900/175s are probably a little more efficient. However, most airlines have scope that limits the number of 50+ seats. There will always be more 50 seaters. They're nice and shiny but every CRJ900/E175 you see out there is a reminder that our perspective for a nice career at the majors will take that much longer to achieve.

Ahhh the EMB175 burns 30% more fuel than the CRJ 700. But they look more like a 737 so that is OK.

Actually it's 1.4 x the airplane :p

hard to fill an extra 20+ seats in this economy... 50 seaters might make sense in many markets until this recession turns the corner. I dont get paid enough to speculate what will be more cost effective...