Any "Latest & Greatest" about Delta?
05-09-2012 | 09:54 AM
Looking for a laugh
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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."
05-09-2012 | 09:56 AM
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From: 7er
05-09-2012 | 09:56 AM
:-)
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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?
05-09-2012 | 10:02 AM
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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?
05-09-2012 | 10:05 AM
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From: A big one that looks like a little one
Originally Posted by Mesabah
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?
05-09-2012 | 10:06 AM
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From: A big one that looks like a little one
Originally Posted by Jack Bauer
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.
05-09-2012 | 10:08 AM
Line Holder
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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.
05-09-2012 | 10:10 AM
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From: 7er
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.
05-09-2012 | 10:14 AM
:-)
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If I give $30 dollars to someone and then give them $70 dollars to repay me the $30, I've given them $70.
05-09-2012 | 10:19 AM
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From: 7er
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.
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