Old 01-03-2013 | 06:38 PM
  #341  
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Ftrooppilot
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Joined: Nov 2006
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From: Body at sea level; heart at 70,000+
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Originally Posted by Ftrooppilot
"Delta contract runs through 2017 with a base of 16 CRJ900s, options for more." I agree that Pinnacle will be smaller but how small depends upon how many 900s are added to the fleet. A one fleet operation makes economical sense (Southwest). Here is a WAY OUT ON THE LIMB possibility. Delta decides to exercise complete control over its 900 regional fleet and guarantee a steady pilot supply over the next ten years. If I were in their shoes, I would buy Pinnacle (probably at a good price right now), transition to an all 900 fleet and establish a flow up / flow down program similar to what Compass had. Just another guess.
Predicted 12/08/12.

Announced today: Pinnacle also filed a restructuring support agreement setting forth the basic terms for Pinnacle’s plan of reorganization. This reorganization plan, if approved, will allow Delta to convert its financial support into ownership of Pinnacle after it emerges from bankruptcy.
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