What's the Latest at ASA/Expressjet?

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01-25-2014 | 07:19 AM

#5051

AnchorDown

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From: Left Seat

Quote:

Originally Posted by AlaskaBound

I was just wondering what Tony was trying to prove when he said Delta doesn't have the money. The money for what? I wasn't making an argument that Delta was going to buy any regional. I was just saying the Delta leadership is ruthless and are very smart business guys who know what they want and get what they want.

I don't disagree with you at all. It's interesting to watch the endeavor/pinnacle experiment take form. They are imploding from severe under market rates, yet apparently losing airframes to keep up with their attrition. I only bring this up because it was Delta that kept them around to try and reset rates-- something that may be backfiring? I don't know, it still has to play out.

AnchorDown

01-25-2014 | 07:21 AM

#5052

Captain Tony

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Quote:

Originally Posted by AlaskaBound

Again, lawyers don't just walk in in snap their fingers... regardless of what they would have you believe.

Last edited by Captain Tony; 01-25-2014 at 07:34 AM.

01-25-2014 | 07:23 AM

#5053

Captain Tony

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Quote:

Originally Posted by AnchorDown

Not supporting tony in any way shape or form, but Delta is leveraged at 83%. Most in debt of any Legacy Carriers. Good thing they're bringing in lots of dough right now.

AnchorDown

Thanks for supporting my argument.

01-25-2014 | 09:05 AM

#5054

AlaskaBound

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From: Just another RJ guy

Quote:

Originally Posted by Captain Tony

Again, lawyers don't just walk in in snap their fingers... regardless of what they would have you believe.

Pretty sure this is how it's done.

01-25-2014 | 09:10 AM

#5055

AlaskaBound

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From: Just another RJ guy

Quote:

Originally Posted by Captain Tony

Thanks for supporting my argument.

You're creating an argument and arguing with yourself. Once again, Delta has the wherewithal to do what they please and that means manipulating any situation to weasel their way out of contracts or renegotiate terms of a contract. I never mentioned that they would buy or purchase anything or anyone. You brought that up.

01-25-2014 | 02:09 PM

#5056

newarkblows

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Joined: Feb 2007

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From: e190

We are pawns in all this. Delta is very shrewd with how they run their operation. Anything and everything is open for negotiation. Pinnacle can be sold off with a new CPA guarantee from Delta and they will come out smelling like a rose. Pinnacle is at Delta's mercy just as much as xjt is at skywest's mercy. The joys of being a sub-contractor!