Mesa Air grounds Lake Havasu route

Mesa Air grounds Lake Havasu route

There are 2 comments on the The Business Journal - Phoenix story from Apr 5, 2007, titled Mesa Air grounds Lake Havasu route. In it, The Business Journal - Phoenix reports that:

The Business Journal of Phoenix - 11:08 AM MST Thursday, April 5, 2007 Mesa Air Group Inc. via The Business Journal - Phoenix

Join the discussion below, or Read more at The Business Journal - Phoenix.


Kaneohe, HI

#1 Apr 11, 2007
Mesa is cutting back routes because it has a major pilot shortage. Pilots are leaving Mesa in droves because of the poor working conditions and contract abuses. If you fly on Mesa air, chances are your pilot is over-worked and tired.

Lake Havasu is better of without Mesa.
160 bankruptcies 30years

New York, NY

#2 Apr 11, 2007
|Flag |#2 Yesterday ...

April 10, 2007

DELTA AND NORTHWEST are set to emerge from bankruptcy as two of the highest valued airlines in the US...
After a year and a half in CHPTR 11, Delta and Northwest will issue new shares within weeks of each other and test Wall Street's appetite for airline stocks. The timing is good with resurgent demand fueling profits in the industry for the first time in years.
The Amex airline index shot up about 36 percent between AUG AND JAN, but in the last three months, the sector has given back some of those gains, falling 14 percent.
Despite the recent solid performance, airline stocks often end up worthless -- there have been more than 160 bankruptcies since the US airline industry was deregulated in 1978 -- and skepticism is high...
While the share prices may be nominally lower than most peers, that may still not be enough to tempt a rush of investors into the perennially risky sector."You're levitating big pieces of metal," Boyd said."It just ain't right."(Reuters)

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