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-   -   Pinnacle Concession Update (https://www.airlinepilotforums.com/regional/65800-pinnacle-concession-update.html)

mikeypat15 03-04-2012 11:03 AM


Originally Posted by anthony210 (Post 1145683)
Someone posted awhile back that the EFIS tubes on the Saab are no longer being supported as of next year. Which would mean that the avionics would need to be upgraded as soon as we run out of spare parts.

Whether that is true or not I have no idea.

True, CP told us all this in the latest Upgrade/Transition/New Hire class. 2 million an airplane.

mvndc10 03-04-2012 11:19 AM

Well it is refreshing to see ALPA hold the line for once.......

I wouldn't give the PNL management scammer a dime screw them...

For the Pilots that think pay cuts are in order tell them to feel free to send in their checks...:eek::eek:

Luv2Rotate 03-04-2012 01:38 PM

Since Menke likes to include articles supporting his reasoning for concessions, perhaps ALPA should send this little "lead by example" clip to Menke and his cronies....



YouTube - Broadcast Yourself.

globalexpress 03-04-2012 02:59 PM

I went on the BTS website and pulled Pinnacle's annual report for 2010, which was the latest one I could find on its website, just to play with some numbers. Actually, I was really bored and wanted to make sure I could still find my way around the BTS website :)

Anyway, according to Pinnacle's 2010 annual report, they made about 1 billion in total revenue. They paid ALL of their employees (Pinnacle 9E, Mesaba XJ, Colgan 9L) $310M. Of that, pilots were paid $138.7M** according to what they reported to the government.

So they want you guys to take a 5% paycut? 5% of $138.7M is worth about 7M.

Seven million dollars on 1 billion in revenue? Pinnacle's total expenses in 2010, including interest expense are around 1 billion as well. That's practically a rounding error! What's the point?

I gotta agree with the Pinnacle pilots. That 5% cut will do NOTHING to solve Pinnacle's problems, whatever they are.



**I'm pretty sure that number is CLOSE. Mesaba's reported pilot expense numbers seemed kind of high as a % of total salaries compared to Colgan and Pinnacle that year. Was there some sort of big, one time expense paid to Mesaba pilots in 2010?

xj200capt 03-04-2012 03:13 PM

Mesaba received no payout.

tom14cat14 03-04-2012 09:00 PM

It might be because we have more 900 pilots. They are the largest % of our pilot group.

MunkyButtr 03-05-2012 04:46 AM

CFO Christie leaving PinnCorp March 30......

nerd2009 03-05-2012 04:53 AM

Do not accept any paycut, no matter what Management tells you. You already are working under a paycut.

It's time to turn into a union of pilots who refuse to give up pay and benefits and begin to restore the profession.

"The rising tide lifts all boats"

Don't give in and sink the ship!

FLYBOYMATTHEW 03-05-2012 06:40 AM


Originally Posted by MunkyButtr (Post 1145899)
CFO Christie leaving PinnCorp March 30......

He's apparently accepted a position as Senior V.P. and CFO with Spirit. Anyone have any background info on him?

DeltaPaySoon 03-05-2012 12:43 PM

So for those that believe in the rumors, are any aircraft going to be based in ATL for 9E?


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