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-   -   MAG secures $750,000,000 (https://www.airlinepilotforums.com/regional/78217-mag-secures-750-000-000-a.html)

cencal83406 11-13-2013 04:38 AM


Originally Posted by prior121 (Post 1518797)
Something big is in the works. Like usual, rumors running rampant.

Hearing possible purchase of Eagle or Pinnacle.

Or large CRJ 900 order.

Also hearing Mesa purchased/owned 175s on top of the 30 coming.

JO keeps hinting in his emails to large expansion and the 30 175s coming are only the "tip of the iceberg"

Pinnacle? Who are they?

thump 11-13-2013 07:30 AM

Sounds like financing to pay for the United 175s. When United placed that order, they stated that they wanted production slots and that ultimately it may not be them, but a regional partner instead. Nothing to see here folks.

morerightrudder 11-13-2013 05:12 PM

Probably wouldn't need that much cash to buy another regional. ExpressJet for example only cost about $140 million for SkyWest to buy.

ifly 11-13-2013 05:35 PM


Originally Posted by morerightrudder (Post 1519505)
Probably wouldn't need that much cash to buy another regional. ExpressJet for example only cost about $140 million for SkyWest to buy.

True, delta sold mesaba for $62 millions and compass for $20.5 millions. I guess MAG is planning something more than just buying other regionals.

Delta Air Lines Reaches Definitive Agreements to Sell Mesaba, Compass Airline Subsidiaries - Jul 1, 2010

sf340b 11-13-2013 06:32 PM

Hookers and blow. Yea, inflation sucks.

N927EV 11-13-2013 07:44 PM

Probably financing for the 36 E-Jets. Simple math shows 750,000,000 divided by 36 airplanes is around 20.1 million a pop.

20sx 11-14-2013 04:30 AM

I thought the 30 e-jets were bought by United?

thump 11-14-2013 06:42 PM


Originally Posted by 20sx (Post 1519710)
I thought the 30 e-jets were bought by United?

The original orders were secured by United (out of fear of losing 2014 delivery slots). And now being transferred to Mesa. Not a lease situation, but where Mesa will own said planes. Sounds like $25mil a plane.


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