regularpilot

Where would Air Wisconsin get the money from? The banks are on fire, the interest rates are the highest they've ever been in recent history, and investors right now are not too inclined to take on any risks. Endeavor pay rates for pilots, flight attendants, and mechanics are the highest in the regional industry, and if you look at Mesa with a similar labor costs is still losing money like crazy. I don't see how a small regional airline like Air Wisconsin could afford a company like Endeavor and not lose money.

Giordano Bruno

Any Delta flying not performed by a Delta seniority list pilot is OUTSOURCED.

DeferralsRUs

Desperate times call for desperate measures. If I remember correctly Delta has loaned money before.

Finessed

This would be best for both parties. Delta needs to rid themselves of this stank and sell them to the lowest bidder for next to nothing. Just get rid of this dumpster fire JV operation they call “Endeavor” and focus on replacing some low frequency routes with 220’s.

The end.

Green Needles

Amen.

Filler

Flogger

cts.

Dl knows the current pilot shortage will not last forever. They want to keep the current business model alive in it's current state until the pilot shortage wanes.

SEPfield

Just for my own amusement.

Endeavor is, most likely, currently operating at a loss which because it is a wholly owned reflects poorly on Deltas balance sheet. Delta decides to sell Endeavor half way through the year to a private equity fund which doesn't necessarily have to declare who is in the fund or where the money came from. Maybe it came from Delta investors. Now Delta is making a substantial profit which they can use for stock buy backs from those same Delta investors.

Endeavor is still being operated at a loss which will be propped up by Delta as long as necessary, except now it is through a CPA so it is probably a deduction and not a loss to Delta. I really have no idea about that part.
So Endeavor is now a separate entity, If at any point Delta decides it is too much of a liability they will cancel the CPA. I'm sure that with the pilot shortage Endeavor will be unable to maintain the performance necessary to comply with the CPA. Or if say banks start failing and there is a big recession. Now endeavor can show that they have been operating at a loss and it should be easy to convince a bankruptcy judge that the pilot wages are unsustainable in this new environment. Endeavor files bankruptcy, and Delta dumps the current pilot contract/wages and the flow in one big move, then when the company is worth pennies on the dollar Delta buys it back and changes the name. Maybe to something fancy like Pinnacle.

Crjdeuce

Air Whisky has deep pockets. More than one would think

overqualified52

There are a lot of good people at Endeavor. I do agree the “regional” model needs to go into the crapper. Attrition and Captain shortages have gone a long way to change the shell game scam with retention pay and 60 percent raises. I think they have already replaced a lot of 900 flying with the Canabus 220 which is a beautiful airplane . Hopefully all will workout in a good way .

overqualified52

Yea I agree . Delta is not going to “sell” Endeavor to Air Whiskey . People are are smoking the peace pipe a little too much.