Who really has a shot at PNCL's Q400's?
#11
I really find it hard to believe that nobody is interested in buying the entire Q400 operation from Pinnacle during the bankrupcy. They could basicly buy a turn key operation for cheap money. Certainly alot cheaper than doing the entire certification process for a new aircraft type. I'm still hoping for the Skywest deal to come through.
#15
Gets Weekends Off
Joined: Jun 2008
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From: Just a city boy, born and raised in south Detroit
#17
#19
Gets Weekends Off
Joined: Jun 2008
Posts: 108
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From: Just a city boy, born and raised in south Detroit
Skywest is a likely suitor, but it does take a long time to get a training program AND proving runs completed.
CommutAir doesn't have a chance. Their owner is extremely greedy and they are SUCH a small operation with only 200 or so pilots. You are talking about a 160% increase in operations in 6 months. CommutAir is out.
I think it would about be what Colgan went through getting these airplanes up and running. Remember Colgan was a small group too when they first started getting the Q's. I don't think C5 or anyone for that matter can get 30 Q's up and running in less than 6 months.
Mesa has a Dash 8 training program with pretty low 70-seat wages. They could seriously take over this flying with a long-term deal and leases on the airplanes.
Republic is a small possibility.
Pinnacle. There is a good chance that these airplanes don't go anywhere. The BK declaration said that United and Pinnacle were in agreement on a long-term Q400 deal, however, Pinnacle could not submit a competetive bid for the business. If Pinnacle does (and they will) shed a bunch of labor costs via bankruptcy I think you could see a bankrupt PNCL submit a bid to keep these aircraft.
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