Quote:
UAL likely would not have found out for the first time with Mesa’s IPO that AAL owned 20% of Mesa with a 10% voting stake. But, I doubt it. Any due diligence by UAL during the CPA negotiations would have discovered AAL’s ownership and voting stakes a long time ago. AAL is also now at 10% ownership stake with 5% voting rights. Originally Posted by Texxx
2. This is correct up until UAL found out that AA was the majority share owner, 20%, of Mesa when they filed an IPO in July. There are other signs of this if you do your homework.
I also believe that UAL may retire the oldest CRJ700’s in their fleet. In that case, Mesa loses 20 CRJ700’s and GoJet loses 5 CRJ700’s. That math also makes sense.