Originally Posted by
FlyingKat
Interesting information from the fact sheet:
19. Did the Company try to get a DIP loan from anybody else?
So apparently we tried to get traditional DIP financing but were denied because we had no collateral (assets). Looks like the only thing that saved us from liquidation was Delta's desire to keep Pinnacle around to compete with other regionals........
what would you wager as a condition of the loan, Daddy Delta wants to downsize 50 seat feed.