CommutAir Rumors and Info
12-24-2011, 12:35 PM
#174
Gets Weekends Off
Joined APC: Aug 2008
Position: MSP CA
Posts: 353
Pinnacle negotiated a right to reset rates with Delta, as a result of the renegotiated agreement with ALPA, and those new rates will take effect in 2012. Pinnacle is also set to receive a lump sum payment for increased expenses associated with the Mesaba aquisition. Such expenses include pay, training, per diem and benefits.
Also, revenue rates will reset again in January, 2013 and will be based on the cost structure at that time. After the January 2013 rate reset the rates will again be adjusted annually based on inflation.
I imagine Bankruptcy isn't in Pinnacle's near term.
Also, revenue rates will reset again in January, 2013 and will be based on the cost structure at that time. After the January 2013 rate reset the rates will again be adjusted annually based on inflation.
I imagine Bankruptcy isn't in Pinnacle's near term.
12-24-2011, 01:31 PM
#176
Gets Weekends Off
Joined APC: Aug 2011
Position: Cloud surfing
Posts: 492
12-24-2011, 08:00 PM
#180
Gets Weekends Off
Thread Starter
Joined APC: Jul 2007
Position: Errplanes
Posts: 367
Well. Within the past year it went from about 4 to about 1.5.
So. If movement continues as it is, then you could be looking at 1-2 years. If things go sour, then, well, yah know. Not that. Doesn't matter what it is now. Matters what it is when the time comes!
So. If movement continues as it is, then you could be looking at 1-2 years. If things go sour, then, well, yah know. Not that. Doesn't matter what it is now. Matters what it is when the time comes!
Thread
Thread Starter
Forum
Replies
Last Post
