Hate it for you, but Bill is right. This was about being able to pull the feed down in an orderly fashion, not losing it overnight. If I were you, I'd be praying that Pinnacle isn't "Comair'd."

^^^^^ and clearly knows nothing about DIP financing either. I'd educate him but I don't give dual for free. I think this guy is looking for a nomination in the TOTD thread. :cool:

Very true, but it is also true that it would have been much cheaper for Delta to pay the merger costs to keep us out of bankruptcy. Also, our pre-bankruptcy contract had an orderly wind down of the CRJ 200's, which Delta then chose to extend even further. Perhaps this is all wishful thinking on your guys part?

The guy does make one valid point. Delta keeps telling us they are dying to park RJ's then they provide money to save a contract carrier and keep RJ's flying. Kind of disingenuous if you think about it.

Delta doesn't get to reject every single one of your CRJ-200 leases out of Chapter 11. You think Bombardier wants their airplane back just out of the goodness of their heart? Oh no. They want the tax write off from the BK court decision which breaches the lease. Every Regional BK is pre-planned and cookie cutter. Mesa led the pack. Eventually the dominos will fall at RJET and SKYW too. Any regional airline would have to be very shrewd to avoid a BK filing in the next 5 years.

$70ish million is a drop in the bucket compared to the massive loss of revenue and angry passengers from PNCLs instant Chapter 7 filing. I doubt anyone would have bailed out Menke's mess besides us.

You have already won though. You never post anything level-headed, just spew vitriol and hate at the folks "beneath" you. No one reasonable and desiring upward career movement wants 86, 76, or whatever flying to actually be regional. We actually want it all at DL. I think the interesting point is why is it a scope sale rumor is occurring and meanwhile management just 1113'd a proposed 86 seat rate.

We want YOU to take back all the flying. That is the best alternative rather than seeing this sine-wave like regional cycle of new contract, modified CPA, lower bidder, and bankruptcy.

Try to tone your message with an ounce more respect for folks that are losing their jobs and seeing the beginnings of a gutted contract.

and of the $70 Mill that Delta give 9E, 9E turned right around and gave 1/2 of it back to repay a prior debt so it really only cost Delta 30 something Million to keep 9E aloft.

If I give $30 dollars to someone and then give them $70 dollars to repay me the $30, I've given them $70.

It's an apples/oranges comparison that you are making. Delta was repaid a past loan with DIP money and there are certain advantages to that transaction the way it went down. It wasn't a simple exchange of monies as you are suggesting.