Mesa watch!

So many people to quote. . .

But I won't.

This thread was not intended to be a low blow towards the MAG pilots. It was to be an active thread following the stock price from down, up, down again, up, etc. to whatever future is seen.

Opinions have already been made, so not going to bother trying to change any.

On that note, Mesa is at .52 cents, a strong 9.68% raise so far today.
 
The title was sensationalistic...but the topic is one worth watching. If MAG goes away, I think it would have a major impact on the whole Regional industry. I think it is possible to watch and comment on these events without getting into flame-wars though. It is an interesting business story - will the low stock price trigger de-listing? Will the lack of market cap trigger any problems with debt repayment (accelerate payments on bond issues, or notes)?

I feel bad for those stuck at Mesa and wish them the best. Hope eveything works out for you guys.
 
These are the same people who work for sub-standard wages, with little to no work rules, and bring the industry down. They cost other pilots in this profession their jobs, QOL, etc. and not just people who choose to work for them. Mesa has lowballed the entire industry significantly impacting other carriers. AWAC, PSA, ACA, etc. Mesa offers a horrible product, and does not treat people like people. I am hoping for Mesa to go out of business and in turn their routes will go to regional carriers who deserve to be flying them.

I do love the enthusiasm and holier than thou attitude you take.

:whatever:
 
If Mesa went under, JO would say something like........

"I personally believe that U.S. Americans are unable
to do so because, uhmmm, some people out there in our
nation don't have maps and uh, I believe that our, I,
education like such as uh, South Africa, and uh, the
Iraq, everywhere like such as, and I believe that they
should, uhhh, our education over here in the US should
help the US, uh, should help South Africa, it should
help the Iraq and the Asian countries so we will be
able to build up our future, for us."
 
So many people to quote. . .

But I won't.

This thread was not intended to be a low blow towards the MAG pilots. It was to be an active thread following the stock price from down, up, down again, up, etc. to whatever future is seen.

Opinions have already been made, so not going to bother trying to change any.

On that note, Mesa is at .52 cents, a strong 9.68% raise so far today.

Bull**** man...Really...you're brand spanking new to the industry. Yet you certainly do a lot of talking. Do I dislike Mesa for what they are helping to do to the industry? Absolutely. But I'd much rather see them get it sorted out and keep thousands of people employed rather than have them go out of business. You're saying that wasn't the purpose of the thread, but we all know you're <edited, warning given>. I'm a strong believer of those who speak the most, know the least, and I believe this is just another case of that.
 
These are the same people who work for sub-standard wages


WOW!
These people work for the wages offered to them. If they don't like it, they leave. Last I checked, it's still well obove federal minimum wage. If they were to offer us a raise, I'd gladly accept it, but until then, I do my job.

little to no work rules,
Please elaborate. This has no basis.

Mesa offers a horrible product, and does not treat people like people.
Once again, please elaborate. We have better A14's, lower MBR's, better OTD's and in the past few years, our customer satisfaction has actually gone up, whereas most majors keeps going down. We do this all for a better monetary value than mainline or another regional can do for themselves.
As for not treating people like people, you have no basis for that. People are explained the wages before they sign any paperwork. We are given attendance bonuses, they have drawings sports tickets 1 to 2 times a month (free). They occasionally throw catered BBQ's for no reason.
Last year they gave away a Scion xB.
Three months ago, we had a staion meeting and had they gave away lots of cool prizes. One guy won an all expence paid trip to Israel, and it came with 2 weeks free paid vacation; the guy who won was a gate agent working for the company 5 days. And I don't know about where you work, but in my airport, Mesa has the most comprehensive flight benefits package offered, period. I fly free or ID90 on airlines other guys dream of.

I am hoping for Mesa to go out of business and in turn their routes will go to regional carriers who deserves to be flying them.

This statement truly shows your character. Don't hate the player, hate the game! And who, pray tell, decides which regionals "deserve" any particular route? Certainly not you.
Routes are earned. Airlines bid, one regional does it better for less, if they deliver what they promised, their contract gets renewed. And the cycle goes on. Mesa rightfully deserves all it's current routes. If your regional can do it better for less, then it they would be doing it. Last time I checked, Mainline didn't just give us extra money for the hell of it. Yet no one complains at the Mainline Carrier for going with the lowest bid.
 
I thought if a stock price remains below $1 for a certain amount of time, the exchange could (and many times does) remove it or cease trading?

Or maybe I am just imagining something I heard that is not correct.

Hmmm.... into taking risks? Invest in Mesa. Imagine how your money will grow if they clear $1. But then, I'm not into that kind of risk taking!
 
I thought if a stock price remains below $1 for a certain amount of time, the exchange could (and many times does) remove it or cease trading?

Or maybe I am just imagining something I heard that is not correct.

Hmmm.... into taking risks? Invest in Mesa. Imagine how your money will grow if they clear $1. But then, I'm not into that kind of risk taking!


It is not necessarily the $1 threshold- its market cap.
 
It depends on the rules of the exchange. NASDAQ will send a company a warning if trade continues under $1 for several months, and then after that there is like a 90-120 day period where they have to get above $1.
 
I thought if a stock price remains below $1 for a certain amount of time, the exchange could (and many times does) remove it or cease trading?

Or maybe I am just imagining something I heard that is not correct.

Hmmm.... into taking risks? Invest in Mesa. Imagine how your money will grow if they clear $1. But then, I'm not into that kind of risk taking!

I think what you are thinking about is when a company starts trading under $5 a share it becomes a "penny stock". Once a penny stock it starts selling "over the counter" and doesnt usually show up on a reg stock exchange...i.e. nasdaq

Its been awhile since I have played in that arena, and I didnt handle "used stock" we sold only new issue.

For YEARS I watched a stock of a company that fell into the $.25 range. People thought they were dead in the water...I kicked myself over and over for not at least day trading it, but i played it safe and never messed with it...it came back made it to over $50, now its been in the 20 dollar range for awhile, but still holding strong! After being down to a quarter! Think about that $1000 investment would have returned over $200,000.
hang on let me kick myself again!

It may look bad for MAG, but its not over until the weight challenged lady sings!
 
Bull**** man...Really...you're brand spanking new to the industry. Yet you certainly do a lot of talking. Do I dislike Mesa for what they are helping to do to the industry? Absolutely. But I'd much rather see them get it sorted out and keep thousands of people employed rather than have them go out of business. You're saying that wasn't the purpose of the thread, but we all know you're <edited>. I'm a strong believer of those who speak the most, know the least, and I believe this is just another case of that.

Honestly from Surreals track record I do think he means what he said..... More so for discussion then anything... But that's IMO and we are all entitled to our own..... Anyways a discussion isnt bad as already mentioned.... And I dont think he would want Mesa to fold himself. Lets face it as it has already been noted that means more competition for your jobs (your being a general term).
 
I think what you are thinking about is when a company starts trading under $5 a share it becomes a "penny stock". Once a penny stock it starts selling "over the counter" and doesnt usually show up on a reg stock exchange...i.e. nasdaq

Its been awhile since I have played in that arena, and I didnt handle "used stock" we sold only new issue.

For YEARS I watched a stock of a company that fell into the $.25 range. People thought they were dead in the water...I kicked myself over and over for not at least day trading it, but i played it safe and never messed with it...it came back made it to over $50, now its been in the 20 dollar range for awhile, but still holding strong! After being down to a quarter! Think about that $1000 investment would have returned over $200,000.
hang on let me kick myself again!

It may look bad for MAG, but its not over until the weight challenged lady sings!
Are you experienced in day trading? PM me. I got some questions... :)

On topic, I would say that the sentiment I'm hearing from the folks at MAG is the dislike of management. I wonder what would happen if management had changed? On that note...who are the primary shareholders anyway?
 
Honestly from Surreals track record I do think he means what he said..... More so for discussion then anything... But that's IMO and we are all entitled to our own..... Anyways a discussion isnt bad as already mentioned.... And I dont think he would want Mesa to fold himself. Lets face it as it has already been noted that means more competition for your jobs (your being a general term).

If he does do a lot of stock trading, then he must not be very good at it because he should know to leave airline stock alone :-P
 
If he does do a lot of stock trading, then he must not be very good at it because he should know to leave airline stock alone :-P

I'm pretty sure he does not... he'll answer that himself.... anyone here that has money in the airlines well..... yeah enough said..... However you both work at the same airlines and are both relatively at the same point are you not? Regardless watching stock is not my thing. However with todays media I would not be surprised if it just went by and a casual glance started this thread....
 
Why do some of you guys slam total strangers because they make less money than you? You know MESA pilots specifically, right? - So, you're in a position to speculate on why their lowering the salary bar with little to no working rules. Could be that they actually like their situation. Why don't you try to be a little more constructive and educate instead? I think you're the one lowering the bar; one more regional FO scumbag outed.
 
Im pretty sure hes talking about the pilots.
WOW!
These people work for the wages offered to them. If they don't like it, they leave. Last I checked, it's still well obove federal minimum wage. If they were to offer us a raise, I'd gladly accept it, but until then, I do my job.

Please elaborate. This has no basis.


Once again, please elaborate. We have better A14's, lower MBR's, better OTD's and in the past few years, our customer satisfaction has actually gone up, whereas most majors keeps going down. We do this all for a better monetary value than mainline or another regional can do for themselves.
As for not treating people like people, you have no basis for that. People are explained the wages before they sign any paperwork. We are given attendance bonuses, they have drawings sports tickets 1 to 2 times a month (free). They occasionally throw catered BBQ's for no reason.
Last year they gave away a Scion xB.
Three months ago, we had a staion meeting and had they gave away lots of cool prizes. One guy won an all expence paid trip to Israel, and it came with 2 weeks free paid vacation; the guy who won was a gate agent working for the company 5 days. And I don't know about where you work, but in my airport, Mesa has the most comprehensive flight benefits package offered, period. I fly free or ID90 on airlines other guys dream of.

There is a reason why the A14's are great. No ACARS. Every wonder who the only airline in PHX is who operates without ACARS is? Trust me, I used to call in those times and usually was told "Call it ontime" when we were not

And the car they give to the pilots (im sure the rampers get the same deal) is a lease with an option to buy at the end. So if you wannna keep the car, you have to pay the balance. Nice, huh?
 
Bull**** man...Really...you're brand spanking new to the industry. Yet you certainly do a lot of talking. Do I dislike Mesa for what they are helping to do to the industry? Absolutely. But I'd much rather see them get it sorted out and keep thousands of people employed rather than have them go out of business. You're saying that wasn't the purpose of the thread, but we all know you're <edited>. I'm a strong believer of those who speak the most, know the least, and I believe this is just another case of that.

Well, don't let your opinion of me hinder you from attending the next Atlanta area meet and greet.

I'm really not all that bothered that some would read into this what they wish. I mean, by all means, knock yourselves out.

But, if we want to sling poo - I'll be taking a backseat to that. I've already stated my original intent.

I find that it appears to be absolutely a-okay to discuss the other developments of our industry on a daily basis, but now that a thread discusses the potential failing of an airline in reference to the financial foundation of said company, it must be a poo-slinging contest from the individual who starter the thread.

As I've already said now, more than once, I'd like to see the discussion of MAG continue - and not a poo-sling fest (man - how many times can I say poo-slinging?). I'd like, most of all, to see the day to day, week to week developments that either show MAG return to some financial strength, or otherwise.

We all have a vested interest in the outcome as it plays out over the next 6 to 12 months. Be it a reduction in flying, increased airframes available for purchasing by other companies, or the acquisition of MAG by another company. MAG is a power house that must be monitored. They provide lift for United, US Airways, and Delta. All of who already utilize other fee-for-departure companies.

This month's Airline Pilot has great coverage of ALPA At Work in regards how all of the fee-for-departure companies are banding together to find a respectable foundation that we all can launch off during our next series of contract negotiations.

The success or failings of the small lift providers is a crucial piece of that pie. I recommend we all pull up a chair and take a front row seat and learn the signs of either success, or defeat.

Honestly from Surreals track record I do think he means what he said..... More so for discussion then anything... But that's IMO and we are all entitled to our own..... Anyways a discussion isnt bad as already mentioned.... And I dont think he would want Mesa to fold himself. Lets face it as it has already been noted that means more competition for your jobs (your being a general term).

That would go against the already developed perceptions of what this thread is about. We can't allow that to happen. :sarcasm:

People's minds are made up, and so be it. I'm not here to change them in this single thread.

I'm pretty sure he does not... he'll answer that himself.... anyone here that has money in the airlines well..... yeah enough said..... However you both work at the same airlines and are both relatively at the same point are you not? Regardless watching stock is not my thing. However with todays media I would not be surprised if it just went by and a casual glance started this thread....

Oh no, Screaming_Emu is months ahead of me. No where near the same point, apparently.

Nevertheless, I do not own ANY airline stocks. Neither does my wife. Profit sharing schemes aside.

If he does do a lot of stock trading, then he must not be very good at it because he should know to leave airline stock alone :-P

Reference the above. This isn't about when should I dump my MAG stock (hah), it's about being able to realize that the financial foundation of each of our companies must be monitored carefully. There will be a lot we ALL can learn from what comes out of MAG over the next few months and through to next year.

Frigging disgusting.

Why would you even post such a thing?

How's utopia treating you?

The recent financial troubles of Mesa have already been discussed in a few threads outside of this one, so this is not the first.
 
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