PCL Ceo gave himself a raise....
03-21-2012, 05:32 AM
#51
Line Holder
Joined APC: Oct 2010
Posts: 66
Yep they own around 7% and want seats on the board.
I am thinking the board wants pncl into bankruptcy to save there seats from new investors. I am also thinking Minke got his raise because he will not get bonus for 2012 if we go bk.
writing may be on the wall
03-21-2012, 05:34 AM
#52
Gets Weekends Off
Joined APC: Jan 2008
Position: CL-65 captain
Posts: 2,244
03-21-2012, 05:54 AM
#53
Gets Weekends Off
Joined APC: Nov 2011
Posts: 140
This is what I think...
There were 10 Hub Coordinators throughout the PNCL system in the Hubs. Let's say they average $35,000. This would equal $350,000.
Where did the $350k go now? Oh yeah, to their F'ing packets and some of them on the street.
Get out while you can. F this place.
There were 10 Hub Coordinators throughout the PNCL system in the Hubs. Let's say they average $35,000. This would equal $350,000.
Where did the $350k go now? Oh yeah, to their F'ing packets and some of them on the street.
Get out while you can. F this place.
03-21-2012, 05:58 AM
#55
You scratched my anchor
Joined APC: Feb 2011
Posts: 4,899
This is what I think...
There were 10 Hub Coordinators throughout the PNCL system in the Hubs. Let's say they average $35,000. This would equal $350,000.
Where did the $350k go now? Oh yeah, to their F'ing packets and some of them on the street.
Get out while you can. F this place.
There were 10 Hub Coordinators throughout the PNCL system in the Hubs. Let's say they average $35,000. This would equal $350,000.
Where did the $350k go now? Oh yeah, to their F'ing packets and some of them on the street.
Get out while you can. F this place.
03-21-2012, 06:24 AM
#56
Gets Weekends Off
Joined APC: Mar 2012
Posts: 113
It does send a bad message to the employees. The majors aren't exactly hiring in droves (waiting on the "pilot shortage" indeed) and the Chinese pilot market option only works for those with a current Boeing/Airbus type. Good Luck and hang in there. On the brighter side, the MegaMillions is at $290 million. 
03-21-2012, 08:16 AM
#58
Day puke
Joined APC: Feb 2006
Position: Out.
Posts: 3,865
The only reason I can see for this if we are headed to Bankruptcy would be their concern that Menke and Spanjers could bail just like Christie. If that is the case, then we are in for real trouble.
Hopefully this was because they have figured a way out of this outside of BK and some good announcements are coming. If that is not the case we are in for a very, very difficult road over the next few months. The lack of a bankruptcy filing so far could be an argument that we are working things out, but we still have two Fridays (most companies file BK on a Friday after the markets close at 4) to get through until April 2. If we get to April 2 with no BK filing then we may be out of the woods. We'll see what happens over the next week and a half, but I'll admit that things don't look very promising right now.
Hopefully this was because they have figured a way out of this outside of BK and some good announcements are coming. If that is not the case we are in for a very, very difficult road over the next few months. The lack of a bankruptcy filing so far could be an argument that we are working things out, but we still have two Fridays (most companies file BK on a Friday after the markets close at 4) to get through until April 2. If we get to April 2 with no BK filing then we may be out of the woods. We'll see what happens over the next week and a half, but I'll admit that things don't look very promising right now.
03-21-2012, 08:17 AM
#59
Reserve for Life
Joined APC: Nov 2006
Position: Right Seat for life
Posts: 221
03-21-2012, 08:27 AM
#60
Gets Weekends Off
Joined APC: Nov 2005
Posts: 555
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