Masaba Heading for Chapter 11
Oct 7, 2005 | 3:28 pm
#1
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Mesaba Heading for Chapter 11
Just heard on NPR that Mesaba is on its way to Chapter 11 (I guess this should not be a big surprise, *if true*). Chapter 11 is going to be the way to re-regulate the airlines 
Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.
Best, Andy
Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.Best, Andy
Last edited by thezipper; Oct 7, 2005 at 4:14 pm Reason: Corrected Speling
Oct 7, 2005 | 4:03 pm
#2
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I wonder if Mesaba's bankrutcy has anything to do with the millions NW stiffed them out of when they filed Chapter 11 
Oct 7, 2005 | 4:59 pm
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Originally Posted by thomasrich
I wonder if Mesaba's bankrutcy has anything to do with the millions NW stiffed them out of when they filed Chapter 11
Oct 7, 2005 | 5:17 pm
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Originally Posted by Himmelhund
Just heard on NPR that Mesaba is on its way to Chapter 11 (I guess this should not be a big surprise, *if true*). Chapter 11 is going to be the way to re-regulate the airlines Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.
Best, Andy
Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.Best, Andy
) Mesaba would be best advised to do this ASAP, if needed at all.
Oct 7, 2005 | 5:33 pm
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Originally Posted by Himmelhund
Just heard on NPR that Mesaba is on its way to Chapter 11 (I guess this should not be a big surprise, *if true*). Chapter 11 is going to be the way to re-regulate the airlines Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.
Best, Andy
Out here in Western MI (aka the sticks) we need the puddle jumpers and, more important, Mesaba is a good little company that has always run a pretty tight ship.Best, Andy
Bob H
Oct 7, 2005 | 5:37 pm
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Originally Posted by BobH
Any bets that there are a whole wave of these in the next week, but not after 10/17?
Bob H
Bob H
Oct 7, 2005 | 7:37 pm
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Originally Posted by AApokes08
I would think that played an important role.
it makes their ability to repay pretty poor....
Oct 7, 2005 | 7:54 pm
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Originally Posted by civicmon
lack of payment from NW -> no payment to creditors -> bankrupt.
it makes their ability to repay pretty poor....
it makes their ability to repay pretty poor....
Oct 7, 2005 | 8:29 pm
#9
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Originally Posted by GUWonder
NW better hope that Mesaba doesn't react in such a way that an Independence Air-type thing shows up in their near-captive markets.
They also had to market their fares MUCH below profitability just to get noticed..
Oct 8, 2005 | 2:13 am
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Originally Posted by civicmon
They also had to market their fares MUCH below profitability just to get noticed..
Oct 8, 2005 | 11:18 am
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Originally Posted by DHAST
Gee, and that is different than any other domestic carrier besides WN, B6, and FL how?
NW doesn't need to 'spread the word' as anyone who's been at an airport in the past 2 years heard of them. Not the case with FlyI.
Oct 9, 2005 | 12:02 am
#12
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Why is lowering your fares so low to "compete" that you end up bankrupt any better than charging fares low enough to gain market exposure? FWIW, DH figured out they couldn't make money on long haul, so they actually discontinued service to most western markets.