Originally Posted by
jayray2
I don't disagree with you. This is not a good sign. However does Pinnacle even pay for their own gas? I thought Regionals just paid for the APU usage or something. I could see Delta try to start pulling 200 flying.
I dont think he would just be leaving if bad times were ahead. This guy is a master at getting productivity out of his employees in bad times. The board of directors would want him to stay until the end and then give him a golden parachute. We did not have a contract for 5 years and lead the industry in performance for a good majority of that time. I think its either one of three things.
1. He has been offered an upper management position with a legacy carrier (probably Delta) which would leave pinnacle with a good relationship with that carrier.
2. He was forced out becuase our stock price is still way down and our performance has sucked so bad because of lack of staffing.
3. He just simply wants to try something new. We dont want to be regional pilots, maybe he just does not want to be a regional ceo anymore.
The real story will come out when the new CEO is named. If it is someone promising then we are good. If it is someone like Doug Steenland who is brought in to put the company in bankruptcy and then leave, then we are all F'ed.
No matter what though - ANYONE BUT SHOCKEY!!!!!!!