PNCL Files Chapter 11

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04-01-2012 | 09:37 PM

#61

Fly782

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From: AN124 FE

Quote:

Originally Posted by FlyingKat

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

04-01-2012 | 09:42 PM

#62

gonyon

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Quote:

Originally Posted by FlyingKat

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.

04-01-2012 | 09:45 PM

#63

djrogs03

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Quote:

Originally Posted by FlyingKat

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

04-01-2012 | 09:46 PM

#64

FlyingKat

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From: Taco Rocket Operator

Quote:

Originally Posted by Fly782

Fed ex credit union is taking that buildng over

I hear there is empy space at Nonconnah.....

04-01-2012 | 09:47 PM

#65

FlyingKat

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From: Taco Rocket Operator

Quote:

Originally Posted by gonyon

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....

04-01-2012 | 09:49 PM

#66

FlyingKat

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From: Taco Rocket Operator

Quote:

Originally Posted by djrogs03

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...

04-01-2012 | 09:58 PM

#67

B200 Hawk

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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.

04-01-2012 | 10:03 PM

#68

FlyingKat

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From: Taco Rocket Operator

Quote:

Originally Posted by B200 Hawk

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.....

04-01-2012 | 10:32 PM

#69

Wingtips

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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.

04-01-2012 | 10:46 PM

#70

N261ND

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Quote:

Originally Posted by Wingtips

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.