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I was gonna ask who it was that predicted that, good job flaps!
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The out of seniority order furlough thing will definitely be a hot topic. At least 9E and XJ guys wont have to ***** about the colgan fences much longer. 5 year FO with no upgrade in sight here I come.
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Originally Posted by flapshalfspeed
(Post 1161920)
REMEMBER WHO SAID THEY'D WAIT UNTIL END OF MARCH TO FILE? Oh, that's right--it was me.
...as of today, Phil Trenary's golden parachute payment agreement passed the one-year mark, so as of today, the Bankruptcy court cannot forcibly reapprpriate those payments. This was planned a year ago, around March 29th. Phil got his parachute, they sat out a year until Phil's money was safe from the bk trustee, and now he's home free with his money! America's corporate monarchy at its finest, ladies n gentleman...capitalism at its finest. |
[HTML]We appreciate all you have done to support our turnaround efforts. Your
hard work, professionalism and talents have given Pinnacle the solid foundation it needs to complete a successful restructuring. On behalf of the Board of Directors and the entire Pinnacle management team, thank you for your ongoing focus and dedication. Sincerely, Sean[/HTML] no prob. lemme know what i can do to help! |
Originally Posted by lolwut
(Post 1161924)
With this in mind, are the signing bonuses paid to the pilots from the new contract signed last year in any possible jeopardy?
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Originally Posted by lolwut
(Post 1161924)
With this in mind, are the signing bonuses paid to the pilots from the new contract signed last year in any possible jeopardy?
But if the judge touches our pay, management's future on-time bonuses.....well....;) |
Originally Posted by djrogs03
(Post 1161903)
you think?
All the saabs gone by 31 Aug and the Q's gone by Nov 30...yeah i'de say Colgan is done... |
Originally Posted by FlyingKat
(Post 1161915)
Based on the manning in November Pinnacle was so short staffed we could park all the Saabs and not furlough. Parking the Qs will result in furloughs. My guess is around 300 or so. This could have been worse, at least Delta is giving us the money to get through bankruptcy. Without that we'd be looking at liquidation.
Looks like we're losing 74 aircraft by Jan 2013. So plan on roughly 700-800 furloughs over the next year. |
Originally Posted by BIGRIG
(Post 1161938)
And the 16 original pinnacle 900's. Gone starting January 2013. Oh boy......
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Originally Posted by mooney
(Post 1161941)
where's that at?
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