Originally Posted by
cptmorgancrunch
This is purely my own opinion
I just wanted to take time to question management and thier claims that we will be recieving 15 more Q400's in early 2010.
- If we are why havent there been any official announcements made to the public other than the anti alpa propaganda that the company sends around to us.
-Continental just released a revised copy of thier fleet for the upcoming years and no mention of any additional Q400's can be seen.
-Pinnacle (the company we really work for) has stated that there will be no more purchases till a code share has been announced (which there hasnt).
-There are no new hire Q400 classes expect the rumors of hiring to begin.
.
Read the Pinnacle Corp 10Q for 3rd Quarter and all your answers are there. I laught when people spread rumors about the finances of a company when everything is available if you just take a minute to look.
FACT- PNCL Corp converted the options and cancelable order for 30
additional Q400 aircraft into options and cancelable orders for the next-generation cabin configuration version of the Q400 aircraft
FACT- "This next generation cabin configuration will not be available until 2010, and we have deferred the delivery dates for our 30 options and cancelable orders to take place between May 2010 and November 2011. The exercise dates for the options and cancelable orders begin in December 2008" From the 10Q report 2nd quarter
Pinnacle Corp has exercised options for this first group of 10 additional next gen Q's...which means they want them, they need to secure financing .
Terenary recently said "the company wants to take advantage of delivery slots starting in 2010 and feels the aircraft will make economic sense. "We're talking to all of our airline partners about the Q400," he said. "Fifteen are reserved for Continental. The other 15 we can take anywhere we want." He stressed that placing the aircraft is a "goal" and that a definitive announcement will not come until "the customer says they'll take the airplanes."
There would be no training class setup for aircraft not set to be delivered for another 18 months.
Continental would not have the future Q delivery in their outlook fleet because they have not said they wanted them yet, although the next 15 are for them.
The fact is fuel will go back up in time and the Q will be a profitable airplane for that time, somebody will want them