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Since when do you need cash to buy an airline? This is a modern business environment. Cash not required; only leveraged debt.
Are you one of those "professional pilot" aviation, *ahem, degree guys? I sure hope not. Too many of those cockpit monkeys out there.
I don't know, are you one of those jerks who hides behind his computer and tries to look tough? Seriously man, don't be such a prick. It's a community forum. You do realize that when you say stuff like that, everyone thinks you have self esteem issues or you beat puppies.
The POINT is, since it needs to be explained to you, is that Pinnacle is in no financial shape to make any further acquisitions. Cash, no cash, credit or otherwise, they aren't in any position to make moves. They are deep into a M&A mess and have no plans to make it any worse. Hence IT WILL NOT HAPPEN. Besides, what would they gain from this that they didn't gain from the purchase of Colgan?