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Old 09-04-2012 | 01:40 PM
  #70  
9easy
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Originally Posted by fatsopilot
Pinnacle is certainly in a league of their own. They are getting exactly what they want out of this BK, a new management team is in place, everyone and their mother (including the senior) are jumping ship helping to reset all their costs. Once the BK terms are shoved down all the employee's throats even more people will leave. When this thing is all said and done even GoJet won't be able to compete. I don't see Pinnacle going away, they are like a cockroach, they will be around long into the future constantly exerting downward pressure on pilot wages.
This could be true except .. the new 9E is being built as a purely CR9 operation. The current group of CR9 captains, and many senior MSP FO's have no plans on leaving, no matter how bad things get. They are lifers with only a few years left, and they will ride the gravy train til the end, or until DL hires them. These guys are incredibly costly to employ compared to CP or GoJet, and a 25% pay cut will not change the fact that you have a large group of guys topped out on pay/vacation/401/sick/high insurance costs.
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