CommutAir Rumors and Info
11-18-2011, 10:25 AM
#51
Gets Weekends Off
Joined APC: Nov 2009
Position: AN124 FE
Posts: 1,226
Originally Posted by jdalbrec
Actually, it probably couldn't be cancelled now. Classes have already started; I guess that would constitute an "effective date".
...you just beat me to it, lol
...you just beat me to it, lol
11-18-2011, 11:12 AM
#52
Roll’n Thunder
Joined APC: Oct 2009
Position: Pilot
Posts: 3,552
Originally Posted by jdalbrec
Actually, it probably couldn't be cancelled now. Classes have already started; I guess that would constitute an "effective date".
...you just beat me to it, lol
...you just beat me to it, lol
11-18-2011, 12:33 PM
#53
Gets Weekends Off
Joined APC: Sep 2010
Position: Up Front
Posts: 1,628
Originally Posted by Poprocket
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?
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?
11-18-2011, 05:55 PM
#57
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
Menke has stated several times that the company has way to many projects going on right now and we need to prioritize and finish these projects. We just got the Mesaba fence worked out but had to delay it until Jan 4. I can't see the company taking on any new projects like this until we complete the mergers with Mesaba and Colgan which will take until the end of 2012 at best. I don't see us looking at anything else until after the end of next year at best.
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