Originally Posted by
Lone Palm
Updates from the Delta call this morning...
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
Now I have no idea what DL holds for Pinnacle in the future, hopefully it is positive but I would be careful getting too giddy on what is said in investors conference call.
Know your audience. These are investors they are talking to. RA, SD, and all the other officers on it are there to sell to the investors on their decisions for Delta and how it makes a positive impact on Delta's bottom line.
Of course they aren't going to come out and say we sunk 100 Million into a company just to write it off in a few years, because we didn't notice that we had a supplier who couldn't run their business and we didn't want to have a massive service disruption.
Pinnacle is still going to park a ton of fifty seaters over the next few years and not replacing them one for one. That is good from an investors point of view, not a pilot point of view.