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Thread: Hawaii's Interisland Air War - Chapter 5

  1. #26

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by Miulang View Post
    JO racks up another dubious distinction this year: "Worst CEO of the year".
    Miulang
    Wow! Herb Greenberg just decimates Ornstein! You MUST watch the video here.

    Factoid; No CEO has ever retained their position as for much longer after winning herb Greenbergs "Worst CEO" award.

    All of Wall Street's entire financial community has ostracized this company and the SEC and DOT are most likely launching investigations as we speak.

    I also saw in todays paper that go! has started quoting Mark Dunkerly in their ads. Do they really want to go there? Hawaiian should start quoting JO in the newspaper next! Hawaiian could also remind everybody in Hawaii how they like to use company computers to look at porn and sue Aloha pilots and pick on girls.

    Heres a few gems from the Mesa Airline Lies blog

    "We're not just going out there to be stupid," said Mesa Chief Executive Jonathan Ornstein.

    Jonathan Ornstein said Aloha's demise would clearly be good for business...

    "We can fly planes empty and cover it. The Hawaii operation costs about $20 million to $25 million a year -- we can lose that much money. We can cover it."

    Jonathan Ornstein says his subsidiary go! will keep flying between the Hawaiian islands. Why? Because, he says, "It's a shame to let the bad guys win."

    Mesa's Chief Executive Officer, stated: "Our policy is to comply with only the highest ethical standards of conduct

    (highest ethical standards=they delete all their porn)

    "Frankly, I always view lawsuits as negative energy, and a lot of time spent on lawyers' pay with very little good coming out of them."
    (before he sued Mike Uslan and Holly Hegemann)Maybe we could help out Hawaiian and start a poll? Which quote is the best or submit another JO quote.

  2. #27

    Default Re: Hawaii's Interisland Air War - Chapter 4

    AQ has a net loss of $15.8 million in the 3rd quarter, a total of 16 consecutive quarters of losing money. Only $28.8 million cash on hand left. Are we looking at bankruptcy again?

  3. #28

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Looks like Mesa's venture in China won't be using any more CRJ-200s. They put in an order for 100 ARJ21s which is a Chinese developed plane. Wonder how much each plane is?

  4. #29

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by joshuatree View Post
    Looks like Mesa's venture in China won't be using any more CRJ-200s. They put in an order for 100 ARJ21s which is a Chinese developed plane. Wonder how much each plane is?
    Whats the Chinese word for boondoggle?

  5. #30

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by Star of Gladness View Post
    Whats the Chinese word for boondoggle?
    Care to expand on the thought?

  6. #31

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by joshuatree View Post
    Looks like Mesa's venture in China won't be using any more CRJ-200s. They put in an order for 100 ARJ21s which is a Chinese developed plane.
    I wonder if that's a requirement made of the Chinese government. One of the reasons that so much manufacturing is now done in China is the Chinese government told all concerned that if they wanted to sell goods in China, they had to make said goods in China. Now what exec is going to turn his back on selling to one-quarter of the earth's population?

    Bottom line, Mesa may not have had a choice in the matter.

  7. #32

    Default Re: Hawaii's Interisland Air War - Chapter 4

    More financial woes for Mesa. They have abruptly suspended service to 12 communities as of Dec. 31 (including Albuquerque) and are trying to sell off one of their subsidiaries, Midwest Air, due to large losses in the essential services sector. Wonder what's going to happen with go!Express (Mokulele) if they get out of the essential air services business?

    Mesa Air Group is seeking a buyer for its unprofitable Wichita-based Air Midwest operations or for the division's fleet of Wichita-built Beech 1900D aircraft.

    'We're continuing to pursue strategic options,' company spokesman Brian Gillman said Friday. He said the company is 'entertaining offers and pursuing strategies to sell all or a piece of the business.'

    Air Midwest has lost money for the past several years, Gillman said. Operating the 19-seat aircraft became more expensive after the set of regulations the planes operated under changed, driving up costs.

    Air Midwest, which does business as Mesa Airlines, operates 20 Beech 1900D aircraft primarily in the Midwest and in Arizona.

    It primarily services federally subsidized markets under the government's essential air service program, including smaller Kansas communities. The program compensates airlines for serving underserved areas.

    'The essential air service payment has not kept up with the cost of operating the aircraft,' Gillman said.

    The company continues to serve the markets, including those in Kansas. No decisions have been made about the Kansas markets, Gillman said.
    Miulang
    "Americans believe in three freedoms. Freedom of speech; freedom of religion; and the freedom to deny the other two to folks they don`t like. --Mark Twain

  8. #33
    Join Date
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    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by Miulang View Post
    Wonder what's going to happen with go!Express (Mokulele) if they get out of the essential air services business?
    Oh, that's easy. More people will ride the SuperFerry!!!
    .
    .

    That's my story, and I'm sticking to it.

  9. #34
    Join Date
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    Honolulu, Hawaii USA
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    Default Re: Hawaii's Interisland Air War - Chapter 4

    None of the commuter airlines in Hawaii get the Essential Air Services subsidy. This happened after Pacific Wings voluntarily pulled out of the subsidy program after it learned that Go was to enter the same market.

    http://ostpxweb.dot.gov/aviation/X-5...1nonalaska.htm

    And from this article last year:

    Pacific Wings, which has been provided EAS subsidies over the last decade for service to Hana on Maui, Kamuela on the Big Island and to Kalaupapa, Molokai, will voluntarily give up the subsidies later this year when its contract ends, because it believes it can fly those routes profitably without subsidies.
    I'm still here. Are you?

  10. #35

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by Miulang View Post
    More financial woes for Mesa. They have abruptly suspended service to 12 communities as of Dec. 31 (including Albuquerque) and are trying to sell off one of their subsidiaries, Midwest Air, due to large losses in the essential services sector. Wonder what's going to happen with go!Express (Mokulele) if they get out of the essential air services business?
    I fail to see how Mesa's financial woes will impact go!Express (Mokulele)? Aren't they indepedently owned by Boyer Industries LLC and only have a code share/marketing agreement?

  11. #36

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Mesa's closing stock price today= $2.70; NASDAQ warned the company today that it risks being delisted. Not a good sign at all.

    Mesa Air Group, parent company of go! interisland airline, has received notice from Nasdaq that it risks delisting for failing to file its 10-K, according to a filing with the Securities and Exchange Commission Friday.

    Mesa (NASDAQ: MESA) failed to file its 10-K for the fiscal year ended Sept. 30. The company announced last week that it had delayed the filing until Jan. 15.

    Mesa said it plans to request a hearing before a Nasdaq listing qualifications panel.

    The company said that it expects to meet the projected filing date, which will precede its hearing.
    Miulang
    "Americans believe in three freedoms. Freedom of speech; freedom of religion; and the freedom to deny the other two to folks they don`t like. --Mark Twain

  12. #37

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Mesa stock at $3.29 closing today. That's a 20% gain since earlier in the month. Woulda been a nice quick flip.

    On other news, Aloha signed with Mokulele Airlines to deliver cargo to Molokai, Lanai, and West Maui as Aloha Air Cargo Express.. Isn't Mokulele also go! Express?

  13. #38

    Default Re: Hawaii's Interisland Air War - Chapter 4

    Quote Originally Posted by joshuatree View Post
    Mesa stock at $3.29 closing today. That's a 20% gain since earlier in the month. Woulda been a nice quick flip.

    On other news, Aloha signed with Mokulele Airlines to deliver cargo to Molokai, Lanai, and West Maui as Aloha Air Cargo Express.. Isn't Mokulele also go! Express?
    They also operate a Kapalua express (2 planes painted with the Kapalua butterfly logo). Guess they know not to put all their eggs in go!s basket.
    "Americans believe in three freedoms. Freedom of speech; freedom of religion; and the freedom to deny the other two to folks they don`t like. --Mark Twain

  14. #39

    Default FAA Opens Investigation on Go! Airlines

    FAA Opens Investigation on Go! Airlines

    Yet another reason not to fly on go!

    For the same price i'd rather have well rested pilots.

    go! Airlines sucks!

  15. #40
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    Default Re: FAA Opens Investigation on Go! Airlines

    yeah, watched the report on the news tonight and i can't imagine the pilots being able to make up a plausible explanation!
    525,600 minutes, 525,000 moments so dear. 525,600 minutes - how do you measure, measure a year?

  16. #41
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    Default Re: FAA Opens Investigation on Go! Airlines

    Ladies and Gentlemen, we will be landing at Hilo Int`l Airport as soon as I awaken our pilots from there nap, Mahalo!.

  17. #42
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    Default Re: FAA Opens Investigation on Go! Airlines

    Captain to co-pilot "Hey John, you think anyone would notice if I make a stop at LAX to pick my wife up?"

  18. #43
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    Default Re: FAA Opens Investigation on Go! Airlines

    "I'm flying.
    (Flying, flying, flying)
    Heading far out of sight
    Second star to the right
    Now the way is clear
    Never Land is near
    Follow all the air
    Cause I'm about to disappear
    I'm flying!"


    (compliments of the Peter Pan soundtrack!)

  19. #44

    Default Re: Hawaii's Interisland Air War - Chapter 5

    Everybody thinks this is really funny but how much fuel do you think an inter-island flight carries? Especially a MESA Airlines inter-island flight? If they slept for another 15 minutes this would have been a much different story.

    FAA regs are to carry enough fuel to reach the destination plus 30 minutes extra that's it. You can be sure Mesa doesn't give those poor pilots a drop more than minimum!

  20. #45

    Default Re: Hawaii's Interisland Air War - Chapter 5

    Quote Originally Posted by Star of Gladness View Post
    Everybody thinks this is really funny but how much fuel do you think an inter-island flight carries? Especially a MESA Airlines inter-island flight? If they slept for another 15 minutes this would have been a much different story.

    FAA regs are to carry enough fuel to reach the destination plus 30 minutes extra that's it. You can be sure Mesa doesn't give those poor pilots a drop more than minimum!
    Well, considering they are inter-island flights with short hop segments, I think it be more than the HNL-ITO stage length plus 30 min. Because I don't think the planes refuel after every hop. A CRJ-200 has a range of ~1800 miles. Are you saying each go! plane takes off with less than a quarter tank each time? That would seem to be more costly to pay for fueling services each time on the ground.

  21. #46

    Default Re: Hawaii's Interisland Air War - Chapter 5

    Quote Originally Posted by joshuatree View Post
    Well, considering they are inter-island flights with short hop segments, I think it be more than the HNL-ITO stage length plus 30 min. Because I don't think the planes refuel after every hop. A CRJ-200 has a range of ~1800 miles. Are you saying each go! plane takes off with less than a quarter tank each time? That would seem to be more costly to pay for fueling services each time on the ground.
    Thats exactly what happens at every airline. Flying all over the place with makes the airplane much heavier and burns way more fuel so they make the airplane as light as possible for each trip.

    More room for your extra bag this way also.

  22. #47

    Default Re: Hawaii's Interisland Air War - Chapter 5

    Take a quick look at who's been buying Mesa stock recently. Seems like the Board of Directors is buying stock at bargain basement rates. Is that what's keeping this stock from tanking completely?

    Also noticed that one multibillionaire and hedge fund guru George Soros had a modest investment in Mesa stock for awhile but liquidated his holdings completely in December of last year...just about the time that Mesa stock really started heading south. Hmmmm...wonder what the future holds for Mesa now?

    http://www.gurufocus.com/InsiderBuy....min=100#double
    "Americans believe in three freedoms. Freedom of speech; freedom of religion; and the freedom to deny the other two to folks they don`t like. --Mark Twain

  23. #48

    Default Re: Hawaii's Interisland Air War - Chapter 5

    Quote Originally Posted by Star of Gladness View Post
    Everybody thinks this is really funny but how much fuel do you think an inter-island flight carries? Especially a MESA Airlines inter-island flight? If they slept for another 15 minutes this would have been a much different story.
    If they're like the other airlines, they carry enough fuel for the return trip. They don't normally fuel except in HNL. Probably a cost issue since all fuel has to come from Oahu anyway.

  24. #49
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    Default Re: Hawaii's Interisland Air War - Chapter 5

    KGMB News reports that another go! flight #15 from KOA to HNL had a communication black out the day before the Hilo flt incident. go! figure!!!

  25. #50
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    Default Re: Hawaii's Interisland Air War - Chapter 5

    The sleeping go! pilot (or communications blackout....) made national news - last night. So much for up to date - as it happens - news

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