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-   -   Pinnacle/Colgan/Mesaba TA Countdown (https://www.airlinepilotforums.com/regional/53512-pinnacle-colgan-mesaba-ta-countdown.html)

PapaMike 12-02-2010 03:54 PM

Seems like there is a lot of misinformation going on that colgan is bleeding money on a consistent basis. The last quarter we brought in 9 million... Where is this operating in the red nonsense coming from

Mesabah 12-02-2010 04:01 PM


Originally Posted by Airsupport (Post 910418)
Yeah its true, at this moment. Just look at the numbers and you can pretty much figure it out. That and reading about the Pinnacle Corp expenses. I mean do you really think that 1500 employees causes the $100,000,000 difference between Pinnacle and Mesaba? Pinnacle Corp pays all the bills and they get the most money from Pinnacle Inc. We have been paying for Colgan while they operate in the red. If mesaba were to go on by themselves the numbers would be the same or even higher due to having to hire ground support, agents, etc etc. Its a lot more than just wages of the pilots/flight attendants.

Those numbers posted above are for the nine months ended September 30, but only 3 months for mesaba. That's why the numeber for XJ is so low, it's more like $65,000,000 for mesaba. In fact the operating margin for Pinnacle is around 9-10%, for Mesaba it is only ~4%.

Lone Palm 12-02-2010 04:07 PM


Originally Posted by Airsupport (Post 910421)
Yeah but WHEN did they want to continue talks? That is the question.

I believe this must mean they think they can wrap it up very soon, but our definition and theirs of "soon" could be drastically different.

PinnacleFO 12-02-2010 04:12 PM

Did you mean keep talking tonight or schedule more dates?

Lone Palm 12-02-2010 04:16 PM

The message doesn't state a new timeline but I would imagine this means they will continue to talk this week. I would expect a union email sometime tonight or early tomorrow.

whtever 12-02-2010 04:23 PM


Originally Posted by PinnacleFO (Post 910439)
Did you mean keep talking tonight or schedule more dates?

Wihtout disrespect to ALPA or those involved:

Again... no more dates! Those who think this will happen if the talks continue are the reaon why "5 year negotiations" become acceptable! If nothing tonight, then the holidays will be our bargaining power. The time to restrategize is tomorrow. Do not believe in a 1/3/2011-1/5/2011 negotiating period or whatever it may be. These are ploys to get through Thanksgiving, Christmas and New Years without a slowdown or interruption. I ask again, when is enough enough?!

Airsupport 12-02-2010 04:26 PM


Originally Posted by PapaMike (Post 910429)
Where is this operating in the red nonsense coming from

Since I cant copy and paste I will type it out.

The pinnacle Segment achieved a full year operating margin of 9.5% while the Colgan Segment recorded a negative operating margin of 2.3 for 2007

2008:

Colgan has historically reported significant losses or significantly lower income during the first and fourth quarters of each year, when demand for air travel is generally lower, and higher income during the second and third quarters of each year when demand for air travel increases. The Company expects this seasonality to continue to affect Colgan’s financial results in future periods.




not that any of this matters. There is more, just tired of going through the paperwork to find it all.

PinnacleFO 12-02-2010 04:41 PM


Originally Posted by whtever (Post 910453)
Wihtout direspect to ALPA or those involved:

Again... no more dates! Those who think this will happen if the talks continue are the reaon why "5 year negotiations" become acceptable! If nothing tonight, then the holidays will be our bargaining power. The time to restrategize is tomorrow. Do not believe in a 1/3/2011-1/5/2011 negotiating period or whatever it may be. These are ploys to get through Thanksgiving, Christmas and New Years without a slowdown or interruption. I ask again, when is enough enough?!

If it were up to me we would be forming a line around the former sears tower tomorrow with picket signs

Bartok 12-02-2010 05:00 PM


Originally Posted by bored (Post 910477)
Airsupport - I took my original post down, because it was only a tiny portion of what's really going on. It's actually a moot point to be discussing stuff that is totally out of context.

Everyone - As far as the announcement by DS, I took it as if they are, as we speak, still negotiating. Now is NOT the time to be talking about picketing and slowdowns. Now is the time to support the JNC and our MECs in the progress they're making. There is no point in derailing the positive progress. When there is no more progress, then we flex the muscles.

Exactly.

The difference now is that PNCL management wants this to happen.

That's what I believe right now anyway.

Bartok 12-02-2010 05:09 PM

Here's the update they posted:

Chief Operating Officer
Doug Shockey

December 2, 2010

As you may recall, today was the extended deadline set to complete Pilot contract negotiations. Significant progress has been made, so we have asked and ALPA has agreed to stay at the table to attempt to complete negotiations. We will keep you updated on our progress.


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