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-   -   Pinnacle asking 7% from pilots (https://www.airlinepilotforums.com/regional/64164-pinnacle-asking-7-pilots.html)

tennisguru 01-26-2012 06:23 AM


Originally Posted by Avroman (Post 1123154)
They could disappear very quickly, it would take a while for someone else to begin operating them though.

Pinnacle owns the 16 9E -900's, so Delta would have to acquire more airframes before the flying could be replaced. Granted they might be able to get them cheap from Pinnacle in BK, but that's not a given.

ConnectionPilot 01-26-2012 09:13 AM


Originally Posted by tennisguru (Post 1123200)
Pinnacle owns the 16 9E -900's, so Delta would have to acquire more airframes before the flying could be replaced. Granted they might be able to get them cheap from Pinnacle in BK, but that's not a given.

Pinnacle wouldn't gain ANYTHING by selling the 16 -900s to DL. You might say money, but that's a short term fix. Selling to another carrier, different story.

lolwut 01-26-2012 11:59 AM


Originally Posted by ConnectionPilot (Post 1123357)
Pinnacle wouldn't gain ANYTHING by selling the 16 -900s to DL. You might say money, but that's a short term fix. Selling to another carrier, different story.

Isn't Pinnacle all about short term gains while ignoring long term consequences?

ConnectionPilot 01-26-2012 12:09 PM


Originally Posted by lolwut (Post 1123515)
Isn't Pinnacle all about short term gains while ignoring long term consequences?


With previous management, I'd say yes. With these guys, I have a hard time believing Menke wants to put his own name on the line taking a second company through a bankruptcy.

ShyGuy 01-26-2012 02:02 PM


Originally Posted by IBPilot (Post 1122804)
Hi ShyGuy!

I do not have multiple screen names. I post under ShyGuy only, and as you've noticed, I'm vocal about certain topics. I have no reason to have multiple screen names.

CW McCall 01-26-2012 02:54 PM


Originally Posted by block30 (Post 1122686)
Does Delta's release of news of a good profit in 2011 have any bearing on the Pinnacle situation? I don't have the link because I am using my mobile, but the report is on atwonline.com.

I wondered the same thing when I read about Delta's profit.

Fly782 01-26-2012 03:04 PM

New message from Menkester. Crj 900 and Q400 payments for the next 3 months are deferred until April. Read it quickly and jumped on here so I may have said something wrong.

tennisguru 01-26-2012 03:15 PM


Originally Posted by Fly782 (Post 1123708)
New message from Menkester. Crj 900 and Q400 payments for the next 3 months are deferred until April 12. Read it quickly and jumped on here so I may have said something wrong.

The lien holder on the airframes has agreed to defer for three months.

mooney 01-26-2012 04:09 PM


Originally Posted by ConnectionPilot (Post 1123527)
I have a hard time believing Menke wants to put his own name on the line taking a second company through a bankruptcy.

Trenary had no problem with it....;)

higney85 01-26-2012 04:11 PM


Originally Posted by ConnectionPilot (Post 1123357)
Pinnacle wouldn't gain ANYTHING by selling the 16 -900s to DL. You might say money, but that's a short term fix. Selling to another carrier, different story.

Nothing but liquidity.

Delta gets to play the RFP game to keep carrier costs in check with competition. Finance 101. We need liquidity and DL needs a pawn. Hello -900's now owned by DL and $100M in the PNCL coffer to run the operation before DL's contractual rate increase.

Chicken, meet egg.


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