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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Regional (https://www.airlinepilotforums.com/regional/)
-   -   PNCL Files Chapter 11 (https://www.airlinepilotforums.com/regional/66415-pncl-files-chapter-11-a.html)

Fly782 04-01-2012 09:37 PM
Originally Posted by FlyingKat (Post 1162005)
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....
Fed ex credit union is taking that buildng over

gonyon 04-01-2012 09:42 PM
Originally Posted by FlyingKat (Post 1162004)
Interesting information from the fact sheet:

19. Did the Company try to get a DIP loan from anybody else?


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........
what would you wager as a condition of the loan, Daddy Delta wants to downsize 50 seat feed.

djrogs03 04-01-2012 09:45 PM
Originally Posted by FlyingKat (Post 1162005)
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....
They should just move everything back to minni...thats what they should have done to begin with

FlyingKat 04-01-2012 09:46 PM
Originally Posted by Fly782 (Post 1162006)
Fed ex credit union is taking that buildng over
I hear there is empy space at Nonconnah.....

FlyingKat 04-01-2012 09:47 PM
Originally Posted by gonyon (Post 1162008)
what would you wager as a condition of the loan, Daddy Delta wants to downsize 50 seat feed.
Wouldn't surprise me a bit. We are truly at Mother Delta's mercy now....

FlyingKat 04-01-2012 09:49 PM
Originally Posted by djrogs03 (Post 1162010)
They should just move everything back to minni...thats what they should have done to begin with
Also wouldn't surprise me......as far as I know we're keeping all the training facilities there...

B200 Hawk 04-01-2012 09:58 PM
Haha so remember that time in new hire class when they said that the Q400 was the regional plane of the future and we could expect to see 75 soon with bases in DEN and ORD. Ya me to.

FlyingKat 04-01-2012 10:03 PM
Originally Posted by B200 Hawk (Post 1162017)
Haha so remember that time in new hire class when they said that the Q400 was the regional plane of the future and we could expect to see 75 soon with bases in DEN and ORD. Ya me to.
It is the regional airplane of the future for Commutair or Skywest.....

Wingtips 04-01-2012 10:32 PM
its the Beer can of the future. AA is on a path to be an all jet airline. Delta is trying to do the same. Even USAIR is on this road. No one wants to ride on a turbo prop, esp after the crash in 2008.

N261ND 04-01-2012 10:46 PM
Originally Posted by Wingtips (Post 1162027)
its the Beer can of the future. AA is on a path to be an all jet airline. Delta is trying to do the same. Even USAIR is on this road. No one wants to ride on a turbo prop, esp after the crash in 2008.
Tell that to all the loyal Horizon customers (which there are a ton of). Or all of the oil rough necks flying in and out of Williston on Great Lakes. Passengers don't care. Its about the customer service provided and managing the airline properly.


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