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Originally Posted by Bartok
(Post 1437976)
Help me out here Shy, because I'm sincerely trying to follow you.
You are referring to 9E's 140 200's, right? And Delta never intended on collecting the $62 million, that the sale of XJ to Pinnacle and the ensuing merger was on purpose to push 9E into bankruptcy so they could get out of the 50 seat business faster? |
Originally Posted by ShyGuy
(Post 1438416)
Yes to the above.
I'd say that's fairly accurate. There is no more money to be made in the regional industry in terms of buying them and then selling them or IPOing them. XJ was offloaded because Delta didn't want to own regionals unless it could really screw them into lower cost first. XJ gone, and Compass gone too. Next, they wanted a CEO yes man and Menke wasn't it. They got their yes man and the ensuing BK and forced concessions worked. Then they "bought" 9E corp and will get out of 140 CRJ-200s leases much earlier than previously planned. At this stage, and I hate to say it, but Gumm is a shut down guy. If you are Delta, right now you use Endeavor to force the other DCI carriers (SkyWest, ASA/ExpressJet, GoJet, etc) to force cost reductions (which very likely will be labor cost reductions) and then proceed to shut Endeavor down. |
Originally Posted by ShyGuy
(Post 1438416)
Yes to the above.
I'd say that's fairly accurate. There is no more money to be made in the regional industry in terms of buying them and then selling them or IPOing them. XJ was offloaded because Delta didn't want to own regionals unless it could really screw them into lower cost first. XJ gone, and Compass gone too. Next, they wanted a CEO yes man and Menke wasn't it. They got their yes man and the ensuing BK and forced concessions worked. Then they "bought" 9E corp and will get out of 140 CRJ-200s leases much earlier than previously planned. At this stage, and I hate to say it, but Gumm is a shut down guy. If you are Delta, right now you use Endeavor to force the other DCI carriers (SkyWest, ASA/ExpressJet, GoJet, etc) to force cost reductions (which very likely will be labor cost reductions) and then proceed to shut Endeavor down. I think in the next 6-8 months we will have answers to 2 important questions: 1. When Endeavor gets awarded more flying and airplanes we can put to rest the shutdown theory. 2. When 12 9E guys a month are sitting in DAL classes we will see the SSP coming to fruition. |
If Delta is going to wind Endevor down, taking deleveries of new 900's is a true sign of a wind up not down.
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Not trying to stir the pot and I don't keep tabs on open positions at random airlines but what about this opening at Pinnacle? Can't remember the last time I saw a position like that.
MANAGER, A/C STORAGE & TURN BACK PROJECT Pinnacle Airlines, Inc. | Careers |
Originally Posted by Will
(Post 1438442)
If Delta is going to wind Endevor down, taking deleveries of new 900's is a true sign of a wind up not down.
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Originally Posted by ShyGuy
(Post 1438838)
Not exactly. Wasn't it a timeframe of literally 2 years when certain CRJ-900s bounced between Comair, ASA, and I think XJ? Planes come and go. Regionals are just the staffing company. Endeavor didn't buy the planes, Delta did and that means Delta can still pull the strings and put those planes where they want. The "agreement" isn't worth the paper it's printed on when it comes to Delta and how they deal with their reigonals.
I agree with a lot of your post but I believe Delta has different plans with Endeavor. Only time will tell. |
this thread is like watching someone who believes in Unicorns yell at someone who believes in Bigfoot.
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Originally Posted by mooney
(Post 1439059)
this thread is like watching someone who believes in Unicorns yell at someone who believes in Bigfoot.
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We all better hope 9e doesn't close it's doors or else shyguy might actually have to get a life.
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