Mesa Air Group
 

Mesa Air Group Reports First Quarter 2009 Results and go! Achieves First Profitable Quarter=

Stock up 60% to .08.

Anything on the Delta trial yet?

....Nope....

Wow, it is amazing how quiet a thread that contains good news and puts the Mesa bashers in their place is.

With Freedom being short-staffed, I expect the furloughs to be recalled and hiring to resume in the next few months...

Ummmm. What was the good news? Did I miss something?

I hope so!

I don't mean to MESA bash, but I think you missed JO's sleight of hand.

How much longer can JO continue to rob Peter to pay Paul? The money will run out...





OO.

You probably just opened the gates with this statement...this is the kind of thing that should go unsaid. Enjoy it, the serenity probably wont last long.

They might want to keep Go when they file bankruptcy.

Let the flames begin!!!


"Mesa bashers, put in their place",

you really cannot be serious making a statement like that right now, it has been a short respite,

now you go call out the Mesa bashers, Why can't we just peacefully co exist? After all Mesa is most definitely, not long for this world, so maybe you should be nice and peaceful like, and like a good pilot , practice some of that ole' home cooked CRM!! Think before you act, exercise good ADM by thinking out what the end results are with regard to flaimbait, by keeping your flame to a lull, and generally being pleasant like a professional aught to be. Do not start anything you cannot finish!

At $0.06, per share, you are living in a glass house, why are you throwing stones?


Mesa Bashers anthem:

http://www.youtube.com/watch?v=G7FdJ...eature=related

It seems like Mesa doesn't have enough cash on hand, that's why they have companies Goldman Sachs today throwing them some dough.

Gotta get their ducks in a row.

Like a Financial vulture, Goldman is probably getting its beak in the carcase. The break up value of MAG is probably substantial, and they will make a bundle, liquidating their assets.

What assets? Goldman can try to get $ but Mesa has already liquidated themselves.

They don't own their parts inventory, any ground equip (except in PHX) or any of their buildings/hangars.

They own 20 odd airframes.

Yep, Goldman will be loaded after the bankruptcy.

Hahah, I nearly fell off my chair. So what? The stock goes from 4 to 7.5 cents? How is the company doing? Oh what, the press release by JO with the deceiving title that SOME aspects of his business are a few thousands dollars over red is supposed to spell all clear skies ahead? No more furloughs and mass hiring?? For all we know it's market manipulation by JO to get what little money amateur idiots are investing in MESA for something that will never come. Where is that guy that said invested like 2K shares on Mesa when it was like 30 cents in NOV after the new pilot TA? With 7 cents that guy lost a S-Load of money. Folks there's nothing to see here, Mesa's going to be de-listed and JO will try to recover what little he has in BK. I got dibs on his daughter.

Remember the controversy over the Aloha name?



The Mesa Name could be worth something?


You can use it as the name of the airline in 'Scary Movie Three'

Unless they can get their stock to go up about 1250% before the deadline they're still screwed.

Why................................?

Lets hear the details on the daughter! I've never seen her....hopefully the only thing worth saving from JO

I don't intend for this to sound like a Mesa bash because I don't play that way... but probably the only reason Go! turned a profit this quarter is because there was no competition. Republic will change that soon now that they are flying Mokulele

They will be delisted.

That is not the end of the world, but it limits OJ's future options for raising money. It will also PO the shareholders...they will no longer be able trade MAG with ease by pointing and clicking on the open markets, they will have to find some dude in a dark alley and work a deal.

crj 200 tire blown
 

And your point is?:confused:

LOL!!!! Now that's funny!

What was the point of that? If you go on that aviation Herald website and click through all the incidents you will see Delta, Southwest, Skywest and just about every other airline in the world.

Wait maybe since Mesa had a nose gear issue it means that they are going out of business, oh im sorry Muushin now I see how the two events relate to each other :D

Actually,


I was in the process complementing the crew for a good job when my neighbor's heater tripped my computer off.

However,


after reading the ensuing posts, .......well...

From what I've heard, RAH's loads are less than stellar in HI.

Not a reflection of RAH's product, which I'm sure is very good, but more a reflection of the inter-island market in HI.

Well if that was the case then I do apologize, but given your posting history with Mesa you cant blame me for thinking otherwise.

mmm no
 

all hail the mighty re-pubs and there heavy jets..."mokulele kumon awann lay ya." their loads are crap there too. 1 jet half empty = big money no whammies:p

"President of Mokulele Airlines is pleading for help from local investors to help save his company.
Mokulele is late on paying $291,000 to Republic Airways, and has until tomorrow to make the payment.
Mokulele leases three jets from the mainland-based Republic Airways.
We learned tonight that Mokulele employees have volunteered to have their paychecks delayed so that the money can be used to pay Republic tomorrow.
But another payment will be due in about a week, and Mokulele's President says unless investors step in to help, his company could go under.
Mokulele Airlines started inter-island jet service last November, after borrowing $8M, and leasing three jets plus crew members from Republic Airways.
Mokulele is required to make payments three times a month to Republic.
And just as Mokulele is starting to take off, with jet flights to Kauai, Maui, and the Big Island, the company has encountered turbulence.
"During holidays we burned a lot of our operating cash. For operations, expansion, we had to get infrastructure, we're building a new reservations system, and maintenance facility," said Bill Boyer, Mokulele Airlines President & CEO.
As a result, Mokulele wasn't able to make a $291,000 payment to Republic last Wednesday.
And based on the agreement the two companies have, Mokulele has five business days past the due date to make the payment or else Republic will gain control off Mokulele's assets, including the company's seven turbo prop planes.
Tomorrow is that final deadline.
"We are going to be able to make the payment tomorrow," said Boyer.
Thanks to the employees, who have volunteered to have their paychecks delayed, so the money can be used to pay the bill.
Mokulele has almost 200 employees, and 85% of them are former Aloha Airlines employees.
"By doing that it gave us another week of life, and it's amazing, one ohana," said Boyer.
But Boyer says he's not sure how much longer Mokulele will survive without help from investors because another $291,000 payment is due in about a week.
"What we're seeking right now is angel investors. We're a private company," said Boyer.
"We have no interest or desire to run an airline in Hawaii, so we remain hopeful and we're working with Mokulele in their recapitalization plan," said Scott Durgin, Republic Airways -- Vice President, Strategic Alliances.
Boyer says if Mokulele gets $7M to $10M from investors, his company is projected to start turning a profit by summer.
"I put up everything I had to help the people of Hawaii, so now I'm asking the people of Hawaii to to help my family, which are my employees," said Boyer.
Durgin says these financial dealings won't impact the scheduled flights.
And if Mokulele defaults on a payment in the future, Republic plans to continue the inter-island jet service."


.................3 jets and repubs to make a stay. I guess that was there "IN" to the island. ...TACTFUL (sans lawsuits?)

Apology accepted, as I said, time and time, and time again,

I never had ill feelings for mesa pilots
....... Mesa Management really does suck, and they must get their just deserts.
If they did to you what they did to me, Trust me, You would be as enraged . They really Suck!!

If you PM me, I will give you a LONG list of your pilots who will verify....