Thread: Pinnacle
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Old 04-25-2013 | 07:29 AM
  #316  
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Jamers
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From: A320 FO
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Originally Posted by CAPTAINPCL
Anyone have the audio from July 2nd 2010, when RA CEO of Delta had a lengthy confrence call about why Delta sold Mesaba and Compass and why owning regionals doesn't make economic sense?

I found article from 2010 and it makes me wonder what has changed that would make Delta want to own a regional airline?

Delta contributes to US regional consolidation - selling Mesaba and Compass | CAPA - Centre for Aviation

My guess is nothing has changed. As others have stated, Delta is spinning the situation as a positive move on their part to investors. It is no longer a secret that Pinnacle's sole purpose is to apply downward pressure on other regional contract rates. Is it worth the $70 million investment? Time will tell.
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