Originally Posted by
lolwut
Pinnacle pilots already gave the company concessions for over 5 years. The company in that time threw away hundreds of millions of dollars in bad decisions, senior management pay, buying airlines, etc...
Management didn't throw anything away...
Pinnacle Airlines ? Crashing and Burning? - PNCL - Foolish Blogging Network
"The 2010 management team may have done an irreparable number on the company. The five-person executive team collected $4.41 million in compensation in 2010, which was an amount proportional to 35% of the company’s net income for the year. A hearty reward, considering the stock returned 4% during the period."
I'm for one, will not help float an inept management team...already have the resumes out.