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Mesaba Says Northwest Missed $18.7 Mln Payment  
User currently offlineSHUPirate1 From United States of America, joined Sep 2003, 3670 posts, RR: 17
Posted (8 years 11 months 3 weeks 2 days 3 hours ago) and read 2288 times:

http://yahoo.reuters.com/financeQuot...05-09-13_18-37-17_n13583440_newsml

Things are not looking up for the red tails, that's for sure.


Burma's constitutional referendum options: A. Yes, B. Go to Insein Prison!
15 replies: All unread, jump to last
 
User currently offlineBurnsie28 From United States of America, joined Aug 2004, 7539 posts, RR: 8
Reply 1, posted (8 years 11 months 3 weeks 2 days 2 hours ago) and read 2191 times:

"Were sorry this story is not availiable"

Who knows, Mesaba has missed plenty of payments for rent our those jets of theirs......



"Some People Just Know How To Fly"- Best slogan ever, RIP NW 1926-2009
User currently offlineBraniff727 From United States of America, joined Sep 2000, 686 posts, RR: 1
Reply 2, posted (8 years 11 months 3 weeks 2 days 2 hours ago) and read 2157 times:

Give 'em 5 Saabs and call it even.

Interesting that the story is gone. I read it earlier when it was available and it didn't go into a lot of detail on what the payment was for.



Climbing
User currently offlineClickhappy From United States of America, joined Sep 2001, 9628 posts, RR: 68
Reply 3, posted (8 years 11 months 3 weeks 2 days 2 hours ago) and read 2127 times:
AIRLINERS.NET CREW
PHOTO SCREENER

http://today.reuters.com/investing/f...RLINES-NORTHWEST-MESABA-URGENT.XML

WASHINGTON, Sept 13 (Reuters) - Mesaba Aviation Inc., a regional feeder carrier for Northwest Airlines Corp. (NWAC.O: Quote, Profile, Research), said on Tuesday that it had delivered a notice of default to Northwest after the airline failed to make an $18.7 million payment due on Monday.

Mesaba, a unit of MAIR Holdings Inc. (MAIR.O: Quote, Profile, Research), said it had told Northwest -- whose shares plunged on Tuesday on a report that it had decided to file for Chapter 11 bankruptcy protection -- it could "exercise available remedies" against Northwest if the payment was not made by Sept. 20.


User currently offlineDAYflyer From United States of America, joined Sep 2004, 3807 posts, RR: 3
Reply 4, posted (8 years 11 months 3 weeks 2 days 1 hour ago) and read 2053 times:

With rumors of NW impending bankruptcy filing, this certainly adds fuel to the fire.

"Available remedies" must refer to the imminent seizure of the DC-9 fleet!
 eyepopping   stirthepot 

[Edited 2005-09-13 22:34:10]


One Nation Under God
User currently offlineAviatorTJ From United States of America, joined Jul 2003, 1838 posts, RR: 7
Reply 5, posted (8 years 11 months 3 weeks 2 days 1 hour ago) and read 2046 times:

Wonder where this is going.....

User currently offlineTOLtommy From United States of America, joined Dec 2003, 3289 posts, RR: 4
Reply 6, posted (8 years 11 months 3 weeks 2 days ago) and read 1952 times:

Quoting Burnsie28 (Reply 1):
Who knows, Mesaba has missed plenty of payments for rent our those jets of theirs......

Burnsie, do have ANYTHING to back up your claim? You might want to provide a little support of your statement.


User currently offlineNorthwestair From Poland, joined Jul 2001, 648 posts, RR: 5
Reply 7, posted (8 years 11 months 3 weeks 2 days ago) and read 1899 times:

XJ gets enough Money from NW. We give XJ to much money anyway. XJ is horrible for on time and the ARJ are always braking. But XJ still operates the flight 6-12 hours later just so that they can say hey we operated the flight so you (NW) need to write us a check.


I don't care who you fly just as long as you fly
User currently offlineAviatorTJ From United States of America, joined Jul 2003, 1838 posts, RR: 7
Reply 8, posted (8 years 11 months 3 weeks 1 day 22 hours ago) and read 1797 times:

Who owns the Avros???????  Wink

User currently offlinePSU.DTW.SCE From United States of America, joined Jan 2002, 7565 posts, RR: 28
Reply 9, posted (8 years 11 months 3 weeks 1 day 19 hours ago) and read 1673 times:

Quoting Northwestair (Reply 7):
SA)">XJ gets enough Money from SA)">NW. We give SA)">XJ to much money anyway. SA)">XJ is horrible for on time and the ARJ are always braking. But SA)">XJ still operates the flight 6-12 hours later just so that they can say hey we operated the flight so you (NW) need to write us a check.

Yeah, ok, how about using some facts to back up your pointless claim.

SA)">NW owns 10 of the Avro's and maintains the leases on the remaining 25 Avro's, the 49 B+ Saabs, and the CRJ's that are coming on-line. SA)">NW subleases the Saabs to Mesaba. Mesaba leases the remaining 11 A & B model Saabs from third party leasing companies or Pinnacle (the former Express I aircraft).
Don't blame SA)">NW, they are the one who negotiated the airline service argeements with Mesaba. Mesaba is paid for the Avro's on a block-hour basis, the Saabs are paid for based upon the number of ASM's. The CRJ's will be paid based upon a to-be determined operating magin.

SA)">XJ hardly horrible at ontime performance, no worse than SA)">NW, and far superior to Pinnacle, let alone MESA.

SA)">NW owes Mesaba to cover their operating costs. Remember Mesaba has ZERO income of their own, other than what they receive from SA)">NW (only a little fraction from ground handling Pinancle and other airlines at outstations).


User currently offlineBurnsie28 From United States of America, joined Aug 2004, 7539 posts, RR: 8
Reply 10, posted (8 years 11 months 3 weeks 1 day 19 hours ago) and read 1618 times:

Quoting AviatorTJ (Reply 8):
Who owns the Avros??????? Wink

Northwest....whos responsible for all maint and other things  Wink



"Some People Just Know How To Fly"- Best slogan ever, RIP NW 1926-2009
User currently offlinePSU.DTW.SCE From United States of America, joined Jan 2002, 7565 posts, RR: 28
Reply 11, posted (8 years 11 months 3 weeks 1 day 19 hours ago) and read 1589 times:

Quoting Burnsie28 (Reply 10):
Northwest....whos responsible for all maint and other things

Sorry buddy. NW pays for the fuel & landing fees on the Avro's
Mesaba pays for the maintenance & crew costs.
NW only owns 10 of them, the other 25 are leased by NW.

[Edited 2005-09-14 05:01:00]

User currently offlineDerik737 From United States of America, joined Dec 2004, 333 posts, RR: 3
Reply 12, posted (8 years 11 months 3 weeks 1 day 19 hours ago) and read 1583 times:

Quoting Burnsie28 (Reply 10):
Northwest....whos responsible for all maint and other things

You have to XJ some slack. They are spending a lot of extra time (one of the reasons for a excessive amount of mandatory OT) fixing issues that were created by third party maintenance facilities they now send their aircraft to. Like the S340 that had a nice sized hole burnt through the floor from a miswired ground heater connection.


User currently offlinePSU.DTW.SCE From United States of America, joined Jan 2002, 7565 posts, RR: 28
Reply 13, posted (8 years 11 months 3 weeks 1 day 19 hours ago) and read 1559 times:

While we are at it to clarify, the Saabs are under a different agreement.
Mesaba subleases the Saabs from NW and other 3rd party companies
Mesaba pays for fuel, landing fees, maintenance, and crew costs on the Saab
They are paid from NW based upon the number of ASM's flown.
In fact, those ASM's are specified by NW who sets the schedule.

So don't give us this crap about blah, blah, blah, XJ flies routes only to get paid. They don't set the schedule, NW does. It is NW's expectation that Mesaba completes 100% of their schedule and will get compensated accordingly.

Mesaba is one of the lowest cost regionals out there, they run a fairly efficient operation.


User currently offlineUadc8contrail From United States of America, joined Sep 2003, 1782 posts, RR: 9
Reply 14, posted (8 years 11 months 3 weeks 1 day 16 hours ago) and read 1477 times:

Quoting Northwestair (Reply 7):
XJ gets enough Money from NW. We give XJ to much money anyway. XJ is horrible for on time and the ARJ are always braking. But XJ still operates the flight 6-12 hours later just so that they can say hey we operated the flight so you (NW) need to write us a check

NORTHWESTAIR,
god this great....you are now the official spokesperson for ual.....apodino,are you looking at this....insert ual and zw or the beloved dh here and its the same feeling over at nwa as ual has for some of its elite carriers....apodino needs to get on board and slam nwa for forcing xj out of biz like ual did to dh.......karma is a great thing... remember....the next 72 hours could be a pro uals dream come true if 2 beloved skyteam partners go and file bk....and burnsie you will be the first to get the daily online reports from the msp,dtw and mem papers.......tell daddy that afa is hiring cadet trainers.....



bus driver.......move that bus:)
User currently offlineZrb2 From United States of America, joined May 2000, 896 posts, RR: 0
Reply 15, posted (8 years 11 months 3 weeks 1 day 9 hours ago) and read 1395 times:

Guys, what happens to Mesaba if NW files ch.11?...can Mesaba pay their creditors and continue as "business as usual" or will they be forced to file as well?

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