Any "Latest & Greatest" about Delta?
11-04-2011 | 05:53 AM
veut gagner à la loterie
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From: Light Chop
11-04-2011 | 06:02 AM
Gets Weekends Off
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Lovely.....
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
11-04-2011 | 06:03 AM
Gets Weekends Off
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11-04-2011 | 06:11 AM
Sho me da money!
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From: B25, Left
Lovely.....
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
Good reason to bring as much flying back in house as possible. It is getting expensive and cumbersome to have these FFD contracts.
11-04-2011 | 06:14 AM
Gets Weekends Off
Joined: Mar 2008
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Lovely.....
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
MEMPHIS, Tenn. (AP) -- Pinnacle Airlines posted a third-quarter loss Thursday because of rising compensation costs and other expenses.
The loss was almost $3.5 million, or 19 cents per share, for the quarter that ended Sept. 30. For the same period last year, it had a profit of $9.4 million, or 51 cents per share.
Revenue rose 5.8 percent to $319.8 million, from $302.3 million a year ago.
Pinnacle said its net loss would have been $1.7 million, or 9 cents per share, if not for special items.
Analysts surveyed by FactSet had been expecting a profit of 1 penny per share on revenue of $311.1 million.
Pinnacle, which flies under contract for Delta Air Lines Inc. and other airlines, said it spent $2.9 million during the quarter, most of it on flight attendant bonuses that were awarded under a new labor contract. The expenses also included severance payments.
A new pilot contract that took effect in February boosted pilot expenses by $4.9 million for the quarter. It said it expects to be compensated for those higher costs by way of higher rates to be paid by Delta beginning in mmid-2012.
Who the hell drafts these agreements?
11-04-2011 | 06:17 AM
Runs with scissors
Joined: Dec 2009
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From: Going to hell in a bucket, but enjoying the ride .
Why Yes, I believe we did! I forgot all about the texts.
And we should get one tomorrow morning about bidding for Dec. opening too. The trips are in open time now if you want to see what's what and start writing down all the stuff you wish you could hold.
11-04-2011 | 06:18 AM
Gets Weekends Off
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I saw this same article and I am not sure if that is Pinnacle BS to investors or not but it is not good. Also mentions higher CRJ200 costs and from my recent readings those will not be around and DL certainly does not want to pay more for them. It is all in the details of the contract I am sure.
Good reason to bring as much flying back in house as possible. It is getting expensive and cumbersome to have these FFD contracts.
Good reason to bring as much flying back in house as possible. It is getting expensive and cumbersome to have these FFD contracts.
11-04-2011 | 06:19 AM
Gets Weekends Off
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From: Dismayed
One of the many things that need to be fixed.
11-04-2011 | 06:22 AM
Runs with scissors
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From: Going to hell in a bucket, but enjoying the ride .
Yeah but...Trip Rig is from first sign in until release for the entire trip...are you sure it's 58 away from base?
Sounds like it's less than 48, maybe only 38?
11-04-2011 | 06:26 AM
Gets Weekends Off
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