Rumored: go! to shut down in February?
Nov 30, 2008, 2:16 am
#1
FlyerTalk Evangelist
Original Poster
Join Date: Apr 2003
Location: Honolulu, Hawaiʻi [+MKK4 EBBER R577 EDSEL R577 ELKEY EXERT]
Posts: 15,826
Rumored: go! to shut down in February?
Speculating is fun ain't it?
Rumor has it that go! plans on shutting down in February just in time to beat its bond payment deadlines. While I have no idea whether the rumor is substantiated, it's just a rumor so make what you want of it.
Rumor also has it that go! will simply sit on the Aloha name and bid it at a higher price when the right buyer comes around to make a quick (and dirty) profit.
Rumor has it that go! plans on shutting down in February just in time to beat its bond payment deadlines. While I have no idea whether the rumor is substantiated, it's just a rumor so make what you want of it.
Rumor also has it that go! will simply sit on the Aloha name and bid it at a higher price when the right buyer comes around to make a quick (and dirty) profit.
Last edited by slippahs; Nov 30, 2008 at 3:34 am Reason: add more sense
Nov 30, 2008, 2:43 pm
#4
FlyerTalk Evangelist
Original Poster
Join Date: Apr 2003
Location: Honolulu, Hawaiʻi [+MKK4 EBBER R577 EDSEL R577 ELKEY EXERT]
Posts: 15,826
Rumored from just a few people I know who are in the know for airlines in Hawaii. I wouldn't count on anything and I'd expect an announcement from Mesa that they were shutting down go!'s operation would come unexpectedly and unannounced.
Dec 1, 2008, 12:55 pm
#5
FlyerTalk Evangelist
Join Date: Jul 2001
Location: Phoenix, AZ
Programs: HH Gold, AA Gold
Posts: 10,458
Fortunately, there are plenty of excess regional jets around (yes, I know that they aren't very comfortable). But, if go! were to GO out of business, then Republic could easily add more RJ's to their codeshare. Other regional jet providers might jump in the market as well. Happily, I don't think that interisland service would suffer for long...
Dec 2, 2008, 2:49 am
#6
A FlyerTalk Posting Legend, Moderator, Information Desk, Ambassador, Alaska Airlines
Join Date: Dec 2006
Location: FAI
Programs: AS MVP Gold100K, AS 1MM, Maika`i Card, AGR, HH Gold, Hertz PC, Marriott Titanium LTG, CO, 7H, BA, 8E
Posts: 42,953
Would be nice to see YV go! bybye! Maybe a nice Valentine's present to Hawaii~
Dec 2, 2008, 1:54 pm
#9
FlyerTalk Evangelist
Original Poster
Join Date: Apr 2003
Location: Honolulu, Hawaiʻi [+MKK4 EBBER R577 EDSEL R577 ELKEY EXERT]
Posts: 15,826
You get the name at a cheaper price, shut down go! operations, then sell the name at a higher price to the highest bidder--umm, let's try Mokulele?--thereby netting your parent company a nice profit.
Dec 2, 2008, 10:33 pm
#10
FlyerTalk Evangelist
Join Date: Dec 2003
Location: STL
Programs: AA 2MM, AS MVP Gold, Hilton Diamond
Posts: 12,966
Is Mokulele able to afford to pay a nice profit over the $2 million investment? Still not adding up, sounds more like wishful thinking to me.
Dec 2, 2008, 10:49 pm
#11
Moderator Hilton Honors, Travel News, West, The Suggestion Box, Smoking Lounge & DiningBuzz
Join Date: Jun 2000
Programs: Honors Diamond, Hertz Presidents Circle, National Exec Elite
Posts: 36,026
Whatever Mesa's ultimate hope, we can be sure that it is something tawdry and unscathed by the Hawai`ian values it claims to be such an exemplar of. 
Dec 3, 2008, 9:11 pm
#12
Join Date: Oct 2006
Programs: AS MVPG, Hilton Diamond, MR Plat, PC Plat
Posts: 246
I wouldn't count go! out just yet.. Mesa runs pretty damn strong in the mainland.
They might be having growing pains, bout leaving HI will probably not happen. And that's a good thing for the people of Hawaii!
Just wait til go! stats flying HNL-LAX, that's something to worry about! Or if go! partners with Southwest. Lookout!
They might be having growing pains, bout leaving HI will probably not happen. And that's a good thing for the people of Hawaii!
Just wait til go! stats flying HNL-LAX, that's something to worry about! Or if go! partners with Southwest. Lookout!
Dec 3, 2008, 10:53 pm
#13
FlyerTalk Evangelist
Original Poster
Join Date: Apr 2003
Location: Honolulu, Hawaiʻi [+MKK4 EBBER R577 EDSEL R577 ELKEY EXERT]
Posts: 15,826
I wouldn't count go! out just yet.. Mesa runs pretty damn strong in the mainland.
They might be having growing pains, bout leaving HI will probably not happen. And that's a good thing for the people of Hawaii!
Just wait til go! stats flying HNL-LAX, that's something to worry about! Or if go! partners with Southwest. Lookout!
They might be having growing pains, bout leaving HI will probably not happen. And that's a good thing for the people of Hawaii!
Just wait til go! stats flying HNL-LAX, that's something to worry about! Or if go! partners with Southwest. Lookout!
Dec 4, 2008, 12:25 am
#14
Moderator Hilton Honors, Travel News, West, The Suggestion Box, Smoking Lounge & DiningBuzz
Join Date: Jun 2000
Programs: Honors Diamond, Hertz Presidents Circle, National Exec Elite
Posts: 36,026
Dec 4, 2008, 3:59 am
#15
A FlyerTalk Posting Legend, Moderator, Information Desk, Ambassador, Alaska Airlines
Join Date: Dec 2006
Location: FAI
Programs: AS MVP Gold100K, AS 1MM, Maika`i Card, AGR, HH Gold, Hertz PC, Marriott Titanium LTG, CO, 7H, BA, 8E
Posts: 42,953