y" furloughs? I think they did because this place is going to liquidate if they follow the Bloch award. Otherwise they would have been better off just keeping the status quo or maybe looking for more growth to offset the losses on the Saabs and Qs.

I think this place is going to die otherwise and I don't think the banruptcy judge will allow that. But maybe. Who knows...

 

Seriously, give it a rest. What your proposing would absolutely murder what shred of hope is left for this industry. If it were allowed to happen every airline in the country would immediately file bankruptcy and furlough from the top of the seniority list because that's where they spend the most money. Get your head out of the sand and think about your fellow pilots for once and not just yourself. This "it's all about me" mentality that is starting to show up from several pinnacle pilots is making me think this place is quickly becoming the next GoJet.

 

Out of Seniority will never happen. There is no precedent for it in the courts, no union will ever agree to it. ALAPA National would never allow it. I believe that there would be an illegal strike before you ever see an out of seniority furlough.

 

You're right, Obama has his own problems to worry about. The Judges will have to decide this one...

 

lol! good one!

 

Get it over it.... If you know you're going to be furloughed apply out now. I have and lucky enough to have interviews in the coming weeks... I would never advocate out of seniority furloughs even if it ment me keeping my job. VTX you're looking at the now and what's good for me instead you should be focusing on the future and what's good for the tribe "pilots"... Let me guess, you're a zero-hero hire, right?

 

I think what everyone is forgetting is that a big reason we went BK is so we dont have to pay our old debt and keep flying on bad contracts.
Now we have a positive cash flow, and have gotten rid of bad contracts and now dont have to pay our old debt.
We have the money to pay for these training events in the future.

 

Not quite. Because 9E Corp is in a unique position where, at one time, we had one seniority list for 3 separate groups, with 3 separate ID badges, and 3 separate uniforms and manuals. That's not really one airline, even though ALPA wants to tout one-list. In this particular case, it's still 3 airlines and one particular airline is disappearing altogether. I don't think the other 2 airlines (which is now one airline with the fenced operation) should have to take any hits for the cuts of Colgan. Mesaba's Saab cuts were able to be absorbed without anyone being furloughed. But if one Pinnacle or Mesaba pilot gets furloughed as a result of Colgan aircraft being parked, then this whole thing will be a real sham.

I agree that I can't think of a past precedent, but never say never. Your other comments about the union will never agree with it will not matter, because in BK management will file motion 1113e and the union's wants aren't really binding. Same with ALPA national, and there will be no illegal strike unless you're willing to be fined, fired, or jailed.

 

Why do you think they would liquidate?

The company has $30 million in cash and EVERY fleet type as of 4/02/2012 is making a profit. From the bankruptcy declaration PNCL has a new rate agreement with Delta for the 900 wind down, 140 200s and the original Mesaba 900's which produced higher margins.

The United wind down agreement called for higher margin as well in the understanding that PNCL would continue operating the Q400 until the wind down was complete.

So in 1 day the company solved their liquidity crisis and negative cash flow crisis.

Everyone keeps freaking out about 600 Colgan guys coming to fly RJs and the training that will take. Only 300 guys in reality are going to the RJ from Colgan. The other 300 will be furloughed.

300 * 25k/training even = $7.5 million.

 

Wychor said last night the company willfully admits they don't meet the criteria for an 1113e.