PinnaColaba Bankruptcy soon
#4
Gets Weekends Off
Joined APC: Mar 2007
Position: SAAB
Posts: 300
Sadly it's all pointing to that direction. Management is triple fat with positions, still! Flights crews are being poorly utilized. Training footprints are pitiful. Seriously, no WILO, no 900 initial at 9E? Memphis as the headquarters, great job Phil let's see if this gets you the mayoral election. My dream, streamline, one airline not two. Cut down on management. Better customer service training for everyone. Lol black over coats. iPads. Alas we'll as find it at our next job.
#7
Banned
Joined APC: Feb 2007
Position: Delta Gear Slinger
Posts: 415
I'm not saying Pinnacle is on the brink of bankruptcy; I have no idea what is going on there. Cash in the bank, however, is not an indicator of a company's cash flow, nor does it determine whether or not a company will file for BK. Companies need cash to get through BK successfully. American had $4B in the bank when they declared.
#8
Gets Weekends Off
Joined APC: Jan 2007
Position: CRJ
Posts: 2,356
maybe, maybe not. who are we declaring bankruptcy from? we don't own 90% of our planes. we are pretty much a pilot staffing company. there is nothing to get from us if we declare bankruptcy. we own a few planes, some tugs, and few computers and chairs at the headquarters. that's it. menke has been here just a few months. not nearly long enough for a golden parachute. same with his buddies who packed up there families and moved to Memphis. even if we did declare bankruptcy i don't see things changing for the average Joe here. its not like we have an industry leading contract for them to gut or billion dollar pensions. so i wouldn't worry about this. i don't think we will declare bankruptcy. enjoy your holidays and don't sweat what you cant do anything about.
#10
Gets Weekends Off
Joined APC: Dec 2007
Posts: 691
maybe, maybe not. who are we declaring bankruptcy from? we don't own 90% of our planes. we are pretty much a pilot staffing company. there is nothing to get from us if we declare bankruptcy. we own a few planes, some tugs, and few computers and chairs at the headquarters. that's it. menke has been here just a few months. not nearly long enough for a golden parachute. same with his buddies who packed up there families and moved to Memphis. even if we did declare bankruptcy i don't see things changing for the average Joe here. its not like we have an industry leading contract for them to gut or billion dollar pensions. so i wouldn't worry about this. i don't think we will declare bankruptcy. enjoy your holidays and don't sweat what you cant do anything about.
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