Pinnacle Was Interested in Buying Comair

Delta may be interested in keeping another WO regional around simply for leverage during contract negotiations with other carriers, but this could be bad news if that is not the case. Simply put, to the MBA's at Delta, the obvious answer would be an eventual shutdown/liquidation of Comair, so hopefully management sees the value in having a WO for the flexibility and leverage issues. It is just worrying that they tried to sell them for basically a bargin price, and failed to do so. This indicates that they may not be thinking of the issues I mentioned above and instead are focusing on immediate cost reductions, which of course is not good news.

FYI not trying to spread doom and gloom a la trailblazer, just wanted to share the article and hopefully generate some discussion about the possibilities. Delta management is not stupid, but they are notorious for rapidly changing their strategy at the last minute. So here's hoping for a good announcement today, hopefully a confirmation that comair is sticking around, and, barring that, an announcement of a sale.