Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
MAG secures $750,000,000 >

MAG secures $750,000,000

Search

Notices
Regional Regional Airlines

MAG secures $750,000,000

Thread Tools
 
Search this Thread
 
Old 11-13-2013 | 04:38 AM
  #11  
Line Holder
 
Joined: Jan 2008
Posts: 1,775
Likes: 18
Default

Originally Posted by prior121
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?
Reply
Old 11-13-2013 | 07:30 AM
  #12  
thump's Avatar
Gets Weekends Off
 
Joined: Jul 2008
Posts: 312
Likes: 0
From: ERJ-170 CA
Default

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.
Reply
Old 11-13-2013 | 05:12 PM
  #13  
Gets Weekends Off
 
Joined: Nov 2006
Posts: 518
Likes: 0
Default

Probably wouldn't need that much cash to buy another regional. ExpressJet for example only cost about $140 million for SkyWest to buy.
Reply
Old 11-13-2013 | 05:35 PM
  #14  
Line Holder
 
Joined: Oct 2010
Posts: 38
Likes: 0
Default

Originally Posted by morerightrudder
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
Reply
Old 11-13-2013 | 06:32 PM
  #15  
Gets Weekends Off
 
Joined: Nov 2010
Posts: 105
Likes: 0
Default

Hookers and blow. Yea, inflation sucks.
Reply
Old 11-13-2013 | 07:44 PM
  #16  
N927EV's Avatar
Gets Weekends Off
 
Joined: Mar 2007
Posts: 771
Likes: 0
From: Qualified to carry liquids through security.
Default

Probably financing for the 36 E-Jets. Simple math shows 750,000,000 divided by 36 airplanes is around 20.1 million a pop.
Reply
Old 11-14-2013 | 04:30 AM
  #17  
Line Holder
 
Joined: Jul 2006
Posts: 740
Likes: 0
Default

I thought the 30 e-jets were bought by United?
Reply
Old 11-14-2013 | 06:42 PM
  #18  
thump's Avatar
Gets Weekends Off
 
Joined: Jul 2008
Posts: 312
Likes: 0
From: ERJ-170 CA
Default

Originally Posted by 20sx
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.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Jones14
Flight Schools and Training
16
11-05-2011 11:13 AM
avi8tor4life
Mesa Airlines
43
04-27-2010 10:13 PM
CRJ1000
Regional
16
04-20-2008 06:23 PM
captchris
Regional
35
04-02-2008 08:05 PM
pilot754
Hangar Talk
3
12-10-2006 01:48 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices