PinnaColaba Bankruptcy soon
#231
Bracing for Fallacies
Joined: Jul 2007
Posts: 3,543
Likes: 0
From: In favor of good things, not in favor of bad things
[QUOTE=AlaskaBound;1102684][URL="http://www.aviationpros.com/news/10533778/delta-states-department-of-commercial-aviation-enters-direct-hire-agreement-with-regional-carrier"]DELTA STATE'S DEPARTMENT OF COMMERCIAL AVIATION ENTERS DIRECT-HIRE AGREEMENT WITH REGIONAL ]
More bridge /No interview programs? Greeeeat.
I can hear parents' credit cards swiping furiously already! Do they mean from instruction to right seat mean giving the instruction, or receiving the instruction? Good Lord, when is the ATP rule coming out? Even the inevitably watered down version should hopefully put a stop to this. I am all for structured schools, they are good to great, but come on! How hard up is the industry? Furloughs happening/pending at present...
And does this mean a Delta State grad would be put ahead of other pilots, regardless of their experience level? Horse apples.
More bridge /No interview programs? Greeeeat.
I can hear parents' credit cards swiping furiously already! Do they mean from instruction to right seat mean giving the instruction, or receiving the instruction? Good Lord, when is the ATP rule coming out? Even the inevitably watered down version should hopefully put a stop to this. I am all for structured schools, they are good to great, but come on! How hard up is the industry? Furloughs happening/pending at present...
And does this mean a Delta State grad would be put ahead of other pilots, regardless of their experience level? Horse apples.
#233
I've wondered also if Delta is behind this mess, but Pinnacle is their own entity with their own stock holders. If Pinnacles starts to lose 200s this place is over, it will sink as the pilot cost rise above those of Comair. Bigger is better and more profitable in this market, Pinnacle is not going to shrink to profitability. I just don't see how Delta can be pulling the strings on this, as much as they would like to get rid of the 200s they still need them for the time being. Even if they could get rid of all of them tomorrow they couldn't physically do it, all their international customers need a way to get to their hubs.
Pinnacle to be dropped as a carrier for Delta due to performance......then it doesn't happen....a short while later they buy an airline from Delta for a song and a dance. An airline that has many planes and a flow Delta didn't want. Then pinnacle gives in rather quickon a pilot contract, in comparison to their history of pilot contracts, only to file bk a few months later. I don't know, sounds legit to me.
#234
Gets Weekends Off
Joined: Dec 2010
Posts: 977
Likes: 0
One thing I don't think anyone has mentioned yet--I wonder how much insurance coverage is available for Continental, Pinnacle Corp, and Colgan for damages from 3407?
There are still many, many pending legal actions percolating through the court system almost three years after that accident, according to a quick PACER search (US public court records search system). I'm just wondering if out-of-court settlements might be one of those potential "events" in 2012 that Menke mentioned.
Other interesting facts I learned reading some of those court dockets:
Pinnacle Corp is a Delaware Corporation, based in Tennessee
Pinnacle Inc is a Georgia Corporation, based in Tennessee
Colgan is a Virginia Corporation, based in Tennessee
I wonder what America's founding fathers would think about the widespread existence of corporations which have more rights than living and breathing citizens, that exist in perpetuity, and that utilize state and offshore jurisdictions to minimize legal liabilities and tax payments.
It's just too bad our labor and employment laws have been so enervated by the court system and co-ordinated corporate lobbying efforts over the last 40 years--watching the actions of Phil and gang reminds me of the robber barons in the olden days, before we had any labor protections...it seems we're slowly heading back to feudalism/Industrial Revoultion times in the USA.
There are still many, many pending legal actions percolating through the court system almost three years after that accident, according to a quick PACER search (US public court records search system). I'm just wondering if out-of-court settlements might be one of those potential "events" in 2012 that Menke mentioned.
Other interesting facts I learned reading some of those court dockets:
Pinnacle Corp is a Delaware Corporation, based in Tennessee
Pinnacle Inc is a Georgia Corporation, based in Tennessee
Colgan is a Virginia Corporation, based in Tennessee
I wonder what America's founding fathers would think about the widespread existence of corporations which have more rights than living and breathing citizens, that exist in perpetuity, and that utilize state and offshore jurisdictions to minimize legal liabilities and tax payments.
It's just too bad our labor and employment laws have been so enervated by the court system and co-ordinated corporate lobbying efforts over the last 40 years--watching the actions of Phil and gang reminds me of the robber barons in the olden days, before we had any labor protections...it seems we're slowly heading back to feudalism/Industrial Revoultion times in the USA.
#236
#237
Line Holder
Joined: Oct 2010
Posts: 66
Likes: 0
It would cost too much to go to one cert. Proving runs for saab and Q400 on the 9E cert would take too long. They will have to stick to two. Mgt can be reduced and some areas combined. The company just has to make it happen.
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