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Originally Posted by PropDriver
(Post 1106260)
And during Q2 2012 Delta will be paying us $15-20 million to cover the increased costs of our pilot contract, training costs, and an increase in the rate Delta pays us for our flights. That payment right there will cover the ENTIRE 2011 year to date loss TIMES TWO.
I've been on a four month paid vacation courtesy of Pinnacle. Just going off the guarantee that I've been paid will cover 30 pilots' worth of concessions. This inefficient use of our resources what is making us unprofitable, not our hourly wages. |
Originally Posted by ebl14
(Post 1107761)
I'm guessing the delta side isn't losing money. Pinnacle was always profitable before colgan and mesaba came into the picture.
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So the latest MEC email has the following:
"...Meanwhile, ALPA Economic and Financial Analysis continues to review the company’s financial data. Representatives from this department will give a full report to the MEC at a special MEC meeting we have scheduled for January 2nd and 3rd in Memphis to aid in your representatives’ decision making. CEO Sean Menke will attend the second day of this meeting to brief the MEC on the company’s progress and to take questions." Does this mean that the pilot group won't be getting a say? |
So the latest MEC email has the following: "...Meanwhile, ALPA Economic and Financial Analysis continues to review the company’s financial data. Representatives from this department will give a full report to the MEC at a special MEC meeting we have scheduled for January 2nd and 3rd in Memphis to aid in your representatives’ decision making. CEO Sean Menke will attend the second day of this meeting to brief the MEC on the company’s progress and to take questions." Does this mean that the pilot group won't be getting a say? |
Guy's, "Full Pay To The Last Day" ...
You can work for free, your almost doing that now anyway, and it won't make any difference with PNL filing BK.... Don't fall for it, if they file deal with it then.... |
Originally Posted by mvndc10
(Post 1108468)
guy's, "full pay to the last day" ...
you can work for free, your almost doing that now anyway, and it won't make any difference with pnl filing bk.... Don't fall for it, if they file deal with it then.... |
+2, they just don't want to pay guys bypass pay. That's all!
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Originally Posted by Blackbird
(Post 1108547)
+2, they just don't want to pay guys bypass pay. That's all!
If your Reps had to sign Non-Disclosure Agreements that obviously tells you there is something within the business that the COMPANY does not want Wall Street to know about. I would bet it has to do with current cash on hand as well as specific business models operating cash flow or potential plans of a fleet reduction. Why would they trash their own stock? Did ANY of you take an economics class in college? |
Originally Posted by DMEarc
Did ANY of you take an economics class in college?
Besides, NDAs are pretty standard fare in any business negotiation. /aviation program graduate |
Originally Posted by DMEarc
(Post 1108554)
You think a Corporation with SEC scrutinization would fake a potential BK to avoid paying guys bypass pay? I think not.
If your Reps had to sign Non-Disclosure Agreements that obviously tells you there is something within the business that the COMPANY does not want Wall Street to know about. I would bet it has to do with current cash on hand as well as specific business models operating cash flow or potential plans of a fleet reduction. Why would they trash their own stock? Did ANY of you take an economics class in college? |
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