Originally Posted by
maddog81
I think the reason for Delta's financing of this deal is more of a practical matter... there is an FAQ that Pinnacle Mgmt put out, and mentions that no one else they asked would do DIP financing for them. Since Delta has an obligation to their passengers, I'm betting that Delta did this just to allow 9E to continue the operation long enough until Delta finds another way to replace this lift (whether that's GoJet, Skywest, B717s, ect). And who knows, they very well could have given the stipulation that we'll DIP finance you, but you have to park 100+ CRJ-200s. I guess time will tell...
Maddog;
Love your avatar. Huge fan of Ricky-isms on trailer park boys. Nothing productive to add to your speculation, just giving a shout out.