MAG secures $750,000,000
 

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"

Why would MAG, which only operates a few 50 seat AC, want to purchase airlines that are comprised of mostly 50 seat AC when 50 seaters are on their way out? I am certain that isn't in the works.

Who is going to fly all those new planes at Mesa? Get rid of the 50 seat jets keep the pilots...............

Especially with the worst contract in the industry for the number of seats they fly!

Source? A bankrupt unlisted company should have a tough time attracting $750M without the ability to return equity.

Who has the scope for all that regional flying???

We have a better contract than G7 and RAH. Just to clarify.

Good point brought up.

As a bankrupt unlisted company, it would be hard for Mesa to get 750 mil unsecured--which makes it more likely for buying planes...

Because if it's a secured loan then the bank can repo the plane. Much less risk involved for the bank.

Way easier to get a loan that size for asset purchase.

Have you taken a look at your own publication of contract rates? Why is your line always toward the bottom?

Just to clarify, your leaflet of a contract is still a complete joke.