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Old 06-12-2012 | 08:35 PM
  #181  
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Red97Vette
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From: UniCal 737 FO
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Originally Posted by newarkblows
Skywest is the best financed regional out there right now. The most attractive lease rates, the largest fleet of crj700's 900's in the world also give them the economies of scale for cheap operating costs, and the security of dealing with a company that won't be going out of business. Delta is only the DIP financing for Pinnacle. If you read about DIP financing they are usually the vultures of the industry. If the company liquidates they are the first to get paid before any other creditor. They do not care about Pinnacle but could not allow them to disappear overnight.
Exactly. Not to mention that RAH isn't looking that great at the moment either. I read a few news articles where RAH stated that unless their finances change significantly they re headed for ch.11 as well. Skywest it seems is he only operator with cash, the ability to expand, and the ability to stay around as a cheap player.