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MESA AIR GR INC # Message Board

  • robert.stromberg robert.stromberg Jun 8, 2008 11:12 PM Flag

    Please explain

    Go! is owned by Mesa Air which operates commuter flights for a number of mainline carriers under various “Delta Express” type names. Mesa has a wave of financial challenges coming up including an $85 million judgment that Hawaiian Airlines won by accusing Mesa of improperly using data it obtained from HA’s bankruptcy filing, a $37 million note payment due in June, and the whopper – Delta’s cancellation of a commuter contract for poor operational reliability that utilized nearly 20% of Mesa’s fleet of planes. Now to be fair, Mesa is appealing the $85 million judgment and claims that Delta’s cancellation of the contract won’t stand-up in court. With all of this, the price of fuel has to be a pittance compared to Mesa’s legal costs. Ha!

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MESAQ
0.00330.0000(0.00%)Mar 1 3:59 PMEST

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