Originally Posted by
Ftrooppilot
"Pinnacle Airlines will be the focus of the U.S. regional airline industry in 2013. Operating under Chapter 11 bankruptcy protection since April 2012, Pinnacle's reorganization will have a major bearing on the future of rivals SkyWest Inc. and Republic Airways, which are both anticipating a sharp reduction in Pinnacle's operations. It is likely that Pinnacle will bear the brunt of partner Delta Air Lines' planned cuts in regional jet requirements, and the carrier has already shed its contracts with other major airlines. There may still be a future for Pinnacle if its pilots agree to an extensive concessions package, although the likelihood is that the carrier will become another victim of consolidation."
Published December 17, 2012 which means it was written in late Nov or earlier Dec before the TA was published, announcements about flow were made and the possibility of Delta owning Pinnacle was made public. This situation unfolds by the hour.
The article is essentially correct. Delta taking possession of Pinnacle was a mere formality of what has been the reality since April. Once Delta gets a pilot contract in place with a long term agreement, and straightens out the mess created by Phil and the boys, the company will be sold so Delta can recoup its investment, likely to another holding company. Hence a victim of consolidation.