Point 2.
Colgan and the Qs-
I am guessing here but I think the SAABs days are numbered. PNCL has already lost about 60 of them. We only have a handful left with orders for more Qs; so I do not think Colgan will bring PNCL down. As Sean said we underbid the Qs but why do you think we will just end the fleet type? UAL loves the Q and it seems that they are getting more of them. Would it be easier for UAL to up the rate on the Q to PNCL or find someone else that will start a new fleet type for less money and go through this again at a later date? While we are in bankruptcy it will be easy for UAL to adjust the rate. Personally I don’t think we will be parking them but who knows… Oh, btw the Q is paid as a CPA.
Some guys that work at Skywest told me UAL came to them about the Q, and Skywest would not do it for the amount UAL wanted. That is the key and I don't think Menke is stupid enough to ask for something that UAL cannot do. Also if we convert the Saabs to Qs, the overall operating cost of the Q comes down per aircraft due to economies of scale. If UAL takes the Qs from us, then they will have to find someone else to operate them. Also wouldn't be surprised to see some Qs headed to AA if UAL won't give us what we need to operate them profitably. The whipsaw can work both ways.