Mesa Air Group, Inc. (NASDAQ: MESA), a commercial aviation holding company, can fall victim to cash crunch if Delta Air Lines Inc puts into action its plan to terminate a service agreement with the former.
The severance of relations will cost Mesa about $960 million in lost sales and $250 - $300 million in leasing costs, labor and other expenses.
Mesa reported that it had not enough finance available to clear off the debt that may lead to serious defaults and make the company seek bankruptcy protection/
In attempt to stop Delta’s plans Mesa filed a lawsuit that is scheduled to begin May 27.
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations