Pinnacle....Past, Present and Future.
01-22-2009 | 06:14 AM
#21
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From: Right Seat for life
That's exactly what I was thinking when I read the first post of this thread. In an ethical and merit-based world, you SHOULD expect to be rewarded for making your company the best in on-time performance. But I just think that's a poor assumption and strategy in this case, because we all know the type of mgmt we are dealing with here.
01-22-2009 | 07:24 AM
#22
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From: Sidelines
Also heard rumors of March decreasing by 3,000hrs. Is that purely speculation, or actually backed up by some info/intel? When will the March bid packets come out?
Anyone care to speculate the chances of a successful contract negotiation the week of 1/26? (50% chance, slim, nil, etc.)
questions, questions, questions...
01-22-2009 | 08:27 AM
#23
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From: CRJ Captain
Heard the Feb marketing hours decreased slightly, 300hrs or so, is this correct?
Also heard rumors of March decreasing by 3,000hrs. Is that purely speculation, or actually backed up by some info/intel? When will the March bid packets come out?
Anyone care to speculate the chances of a successful contract negotiation the week of 1/26? (50% chance, slim, nil, etc.)
questions, questions, questions...
Also heard rumors of March decreasing by 3,000hrs. Is that purely speculation, or actually backed up by some info/intel? When will the March bid packets come out?
Anyone care to speculate the chances of a successful contract negotiation the week of 1/26? (50% chance, slim, nil, etc.)
questions, questions, questions...
01-22-2009 | 08:58 AM
#24
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Joined: Jul 2005
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From: CA
Here's a new juicy rumor from peeps in training: MORE CA displacements around June of this year...not sure if they meant announced then or active then.
01-22-2009 | 09:05 AM
#25
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From: CA
Just a theory: Company knows new NMB will be coming online later this year. Now would be the most opportune time to play serious hardball>>>Downgrade, furlough, threaten...THEN, bogus contract offer...sign this and we will grow like ChiaPets! Only the pilots can save us! Sign baby Sign if you want to fly! Sign here to keep your jobs and those of your friends! And, it will work to some degree. Here's the thing: If they can't pay us commiserate with industry, then they cannot manage a successful company and either the board will boot em, or we walk and let the chips fall after release later this year.
01-22-2009 | 09:10 AM
#26
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From: Sidelines
Feb hours are the same as january, march are supposed to be down. I seriously doubt contract will ever be done after just listeinng to this company conference call. SOme of the hightlights of it were that there were going to be furloughs in every department which they should annonce more on later today. No growth in 2009, 120 million due in feb 2010, no 401k match for non pilot employees starting in march for at least a year. Opportunity for growth in 2011 or 2012... Going to be a rough year folks!
01-22-2009 | 09:59 AM
#27
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From: CRJ Captain
01-22-2009 | 11:13 AM
#28
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From: CRJ
i am not getting to worked up over this for several reasons.
first it not worth my energy
second if you read the letter clive wrote he said they are asking people to take loa's long and short term. what he failed to mention is that all the pilots that put in for an loa were denied. so i guess they dont want the pilots taking time off.
third the only furlough he mentioned was pinnacle "people" to the amount of about 50. I think they still know they are short on fo's, and come march even if there are a reduction of hours will still be short on captains.
We are really short on fo's however. my phone rings off the hook on my 20 days off trying to get me to help them out. all they say on the phone is this flight will cancel if you dont do it.
first it not worth my energy
second if you read the letter clive wrote he said they are asking people to take loa's long and short term. what he failed to mention is that all the pilots that put in for an loa were denied. so i guess they dont want the pilots taking time off.
third the only furlough he mentioned was pinnacle "people" to the amount of about 50. I think they still know they are short on fo's, and come march even if there are a reduction of hours will still be short on captains.
We are really short on fo's however. my phone rings off the hook on my 20 days off trying to get me to help them out. all they say on the phone is this flight will cancel if you dont do it.
01-22-2009 | 11:59 AM
#29
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From: 73N
Best bullet point from the slideshow that went with the conference call...
"Our excess cash is tied up in illquid investments sold to us by wall street banks.
- We expect to get our money back, but we don't know when."
You gotta love these guys, just pass the buck, blame someone else. This management never seems to want to take responsibility for anything even the least bit negative.
"Our excess cash is tied up in illquid investments sold to us by wall street banks.
- We expect to get our money back, but we don't know when."
You gotta love these guys, just pass the buck, blame someone else. This management never seems to want to take responsibility for anything even the least bit negative.
01-22-2009 | 05:34 PM
#30
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Joined: Nov 2006
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From: Right Seat for life
i am not getting to worked up over this for several reasons.
first it not worth my energy
second if you read the letter clive wrote he said they are asking people to take loa's long and short term. what he failed to mention is that all the pilots that put in for an loa were denied. so i guess they dont want the pilots taking time off.
third the only furlough he mentioned was pinnacle "people" to the amount of about 50. I think they still know they are short on fo's, and come march even if there are a reduction of hours will still be short on captains.
We are really short on fo's however. my phone rings off the hook on my 20 days off trying to get me to help them out. all they say on the phone is this flight will cancel if you dont do it.
first it not worth my energy
second if you read the letter clive wrote he said they are asking people to take loa's long and short term. what he failed to mention is that all the pilots that put in for an loa were denied. so i guess they dont want the pilots taking time off.
third the only furlough he mentioned was pinnacle "people" to the amount of about 50. I think they still know they are short on fo's, and come march even if there are a reduction of hours will still be short on captains.
We are really short on fo's however. my phone rings off the hook on my 20 days off trying to get me to help them out. all they say on the phone is this flight will cancel if you dont do it.
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