Mesa Air bankruptcy plan gives US Airways a 10% stake.
The big question is... WHY?
The next question is... Can Mesa Air(MESAQ.PK) simply "Give" U.S. Airways a 10% "Stake"? I doubt it. In MY opinion the equity holders of Mesa Air would have to get a small payment for this "Stake". A dime or a quarter per share would seem about right even though they are in chapter 11 now.
in BK , shareholders are the last to get "paid" anything .... debt holders get it all , down to the last nickel ..... Oh ya , and the lawyers , let's not forget the poor lawyers , they most certainly get "theirs" right off the top
LCC loves to hone in on BK Airlines..... Thats when they get the biggest bank for the buck...! Don't listen to the Fraud... he could not even graduate from fifth grade... Would love to see him on are you smarter than a fifth grader??? Would be the best show yet!