Yes that is correct. If that were to happen US, and UA would drop Mesa in a bad habbit. UA already has an RFP in place in that instance or if Delta wins it's case to drop Freedom's ERJ contract, it will have court presidence to help it justify cancelling Mesa's contract. Like Jace said there have been inuendos and actual test runs for Piedmont to operate out of PHX.If/When Mesa files for Ch.11 does that give its contract airlines (United and US Air) the right to get out of their contracts with Mesa?
I don't believe a word you said, Howard. Not without a source, which I'm not sure any of us have.
The way I see it: No, Mesa filing Ch 11 will NOT provide an "out" for UA/US from their contracts. Bankruptcy filing is to allow the company to try to restructure, and get any help it may need to continue functioning to AVOID shutting down. How would pulling contracts (aka, income, profit) from the struggling airline benefit it? I don't see any bankruptcy judge allowing that, but what the hell do I know.
If you've got a source, post it. We all know you hate Mesa, but that's not enough.
I don't hate Mesa, I just hate JO, his cronnies and how he operates the place! That's fine if you don't want to believe that your mainline partners won't drop you guys like a bad habbit if MAG were to declare Ch 11. No airline is going to enter into a contract without a clause or two to get out, when things go south or one or the other doesn't live up the the expectations of the contract. It's one thing when a mainline partner goes into Ch.11 beacuse the regional partner then becomes a creditor, because the mainline pays the regional for lift and services, where as a regional delares Ch 11, the mainline is not a creditor, unless the regional is leasing aircraft or services from their mainline partner. If there is a clause in the contract stipulating that if the regional carrier delares ch.11 and that the contract can be cancelled by the mainline partner, the bankruptcy judge has to abide by the contract.I don't believe a word you said, Howard. Not without a source, which I'm not sure any of us have.
The way I see it: No, Mesa filing Ch 11 will NOT provide an "out" for UA/US from their contracts. Bankruptcy filing is to allow the company to try to restructure, and get any help it may need to continue functioning to AVOID shutting down. How would pulling contracts (aka, income, profit) from the struggling airline benefit it? I don't see any bankruptcy judge allowing that, but what the hell do I know.
If you've got a source, post it. We all know you hate Mesa, but that's not enough.
I don't hate Mesa, I just hate JO
Yes that is correct. If that were to happen US, and UA would drop Mesa in a bad habbit.
Of course this is all what if's and maybe's, so it really doesn't mean #### till it actually happens!
I don't believe a word you said, Howard. Not without a source, which I'm not sure any of us have.
The way I see it: No, Mesa filing Ch 11 will NOT provide an "out" for UA/US from their contracts. Bankruptcy filing is to allow the company to try to restructure, and get any help it may need to continue functioning to AVOID shutting down. How would pulling contracts (aka, income, profit) from the struggling airline benefit it? I don't see any bankruptcy judge allowing that, but what the hell do I know.
If you've got a source, post it. We all know you hate Mesa, but that's not enough.
I hate mesa. All the regionals have been looking for an out for a long time. If Mesa goes bk, they're going to downsize a lot. I don't think they'll completely die. I still think after a nuclear holocaust there will still be cockroaches and Mesa, those poor dirty MEL'ed mesa CRJ7/9s are still valuable.
Not if Mesa files Ch. 7. Then its complete liquidation of all their assets down to the desks, and J.O.'s pen. Some other hungry Reigonal is waiting in line to take their routes.