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:mad:
Sorry folks. |
Originally Posted by PerpetualFlyer
(Post 1098281)
I'd say I can't wait for December 31st to come and go so that Shy can eat his words, but I'm sure he'll pull a move like that Pastor Harold Camping that predicted the world would end on May 21, 2011, only when it didn't he said that his "calculations" were off and gave a new date that didn't pan out. So what's your excuse gonna be when December 31st passes and we're still chugging along, huh? We're all DYING to hear it!
Originally Posted by ShyGuy
(Post 1097822)
Time to short the stock!
Expect some news before the month (year) ends!
Originally Posted by ShyGuy
(Post 1161963)
No, that's another thread, you quoted the wrong thread. The thread you quoted was the one posted on Jan 31, 2012. It's scary that the rumors flying around back then have now come to be 100% true. Since there's nothing new to add that I didn't already post in December and January, I'm going to bow out of this thread. There's no point reposting things that were already posted once.
pretty sure you meant bankruptcy by Dec 31 according to the title... |
Originally Posted by Jamers
(Post 1161939)
Looks like we're losing 74 aircraft by Jan 2013. So plan on roughly 700-800 furloughs over the next year.
Still gonna be ****** sandwich though. Best of luck to everybody..... |
Originally Posted by What
(Post 1161950)
I could see SKW making a play for Horizon, then United getting it's Q400 feed from Horizon. The other option would be RAH.
RAH: Not doing to good (might have a larger pilot pool now from Eagle & Pinnacle) SKW: Not Making money right now and looks like it will have the most expensive labor moving forward Eagle: Will get spanked by AMR (Future up in the air, or grounded depends how you look at it) Pinnacle: Just filled Are we really going to see SKW and RAH control the regional market moving forward, ladies and gentlemen we are in for an epic summer and not in a good way... I was about to take a break from Eaglelounge and APC. Now I can't :( |
Originally Posted by FlyingKat
(Post 1161986)
My original estimate was based on losing Qs and Saabs. With the 900s I'd estimate 400-450. Two things to keep in mind. During a scheduling recurrent with planning last November, they said the utilization on the DL side had been pulled down for 2012 to help with the training bubble. Colgan was staffing 3 per seat and Pinnacle 4 per seat under the old contracts. With the new contract more reserves are needed due to the new junior manning policies so the staffing numbers will have to be increased to 5 or maybe 6 per seat per aircraft which should mitigate the furloughs. Pinnacle was way, way understaffed before and is understaffed at present for the aircraft on property.
Still gonna be ****** sandwich though. Best of luck to everybody..... |
Sorry to hear that guys and gals. Been there, done that. Keep your heads up and be proud you didn't give in to the management requests to fund the executives pay raises with your cash. Stay strong and take care of each other. Ch 11 really stinks, but there is life on the other side
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Is Delta taking back all the CRJ-900 flying?
M. |
Made sense to change all the uniforms to black and gold just to be F-bombed..........
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Interesting information from the fact sheet:
19. Did the Company try to get a DIP loan from anybody else? The Company and its advisers reached out to nearly 20 different parties seeking a DIP loan. After numerous discussions with DIP lenders, it became clear that due to the Company’s lack of collateral, the ability to obtain a loan from a traditional DIP lender was impossible. They simply weren’t willing to take the risk of loaning money to a company in Chapter 11 with little to no collateral to back the loan. So apparently we tried to get traditional DIP financing but were denied because we had no collateral (assets). Looks like the only thing that saved us from liquidation was Delta's desire to keep Pinnacle around to compete with other regionals........ |
I wonder how long it will take before Menke announces we are moving out of the Ivory Tower and back to a cheaper location near the airport....
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