Opportunity for 9E
#21
I didn't suggest buying the company...or even a controlling interest...or any interest for that matter. Yall have enough invested already.
I suggested having a member of the union leadership step forward to occupy the position of CEO and provide the leadership and direction that they criticized SM for lacking.
The ground work has already been laid with the counterproposals they supposedly made for saving MORE money than SM said would be needed to save the company.
Just Do it.
It is easier to ask forgiveness than to seek permission.
I suggested having a member of the union leadership step forward to occupy the position of CEO and provide the leadership and direction that they criticized SM for lacking.
The ground work has already been laid with the counterproposals they supposedly made for saving MORE money than SM said would be needed to save the company.
Just Do it.
It is easier to ask forgiveness than to seek permission.
#23
Gets Weekends Off
Joined APC: Oct 2011
Posts: 205
Well, if you don't OWN any of the company, and you don't happen to SIT on the board, it's kinda hard to influence who is appointed CEO, and therefore who LEADs the company. I mean, I've honestly just been skimming this thread but it sounds like you want a Union guy as CEO, and I'm not sure you understand how CEO's become CEO's.
#25
I didn't suggest buying the company...or even a controlling interest...or any interest for that matter. Yall have enough invested already.
I suggested having a member of the union leadership step forward to occupy the position of CEO and provide the leadership and direction that they criticized SM for lacking.
The ground work has already been laid with the counterproposals they supposedly made for saving MORE money than SM said would be needed to save the company.
Just Do it.
It is easier to ask forgiveness than to seek permission.
I suggested having a member of the union leadership step forward to occupy the position of CEO and provide the leadership and direction that they criticized SM for lacking.
The ground work has already been laid with the counterproposals they supposedly made for saving MORE money than SM said would be needed to save the company.
Just Do it.
It is easier to ask forgiveness than to seek permission.
#26
#27
Gets Weekends Off
Joined APC: Dec 2007
Posts: 125
The Union lawyer said this was not even part of the equation, airlines carry insurance that cover accidents. I would think training costs and a senior pilot group as well as the inability to get any new contracts that pay enough to make a profit will prevent the company from exiting BK. Longterm it might be good if all the regionals start going belly up, it would force the majors to do their own flying.
#28
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
The Union lawyer said this was not even part of the equation, airlines carry insurance that cover accidents. I would think training costs and a senior pilot group as well as the inability to get any new contracts that pay enough to make a profit will prevent the company from exiting BK. Longterm it might be good if all the regionals start going belly up, it would force the majors to do their own flying.
Flight 3407 kin set back by Pinnacle bankruptcy - Washington - The Buffalo News
The only way out of this would be if the venue is changed to Tennessee or Federal Court. But if this comes under New York law Pinnacle and any successor organization will be on the hook for punitive damages, not insurance.
I agree that the internal situation at Pinnacle right now doesn't bode well for the future of the company. It's not good when your future rides on the whims of Mother Delta.
#29
Gets Weekends Off
Joined APC: Dec 2007
Posts: 125
In New York punitive damages are paid by the company, not insurance. Because of this all of the legal actions by the 3407 families against Colgan are on hold.
Flight 3407 kin set back by Pinnacle bankruptcy - Washington - The Buffalo News
The only way out of this would be if the venue is changed to Tennessee or Federal Court. But if this comes under New York law Pinnacle and any successor organization will be on the hook for punitive damages, not insurance.
I agree that the internal situation at Pinnacle right now doesn't bode well for the future of the company. It's not good when your future rides on the whims of Mother Delta.
Flight 3407 kin set back by Pinnacle bankruptcy - Washington - The Buffalo News
The only way out of this would be if the venue is changed to Tennessee or Federal Court. But if this comes under New York law Pinnacle and any successor organization will be on the hook for punitive damages, not insurance.
I agree that the internal situation at Pinnacle right now doesn't bode well for the future of the company. It's not good when your future rides on the whims of Mother Delta.
#30
Aaaaaaannnnnd...we're back to fighting windmills. (sigh)
Oh well. 3 pages was more attention-span than I had anticipated and more than is typically achievable in a thread.
Threads are like golden retrievers...fun to watch but so very easily distracted. When all else fails....refer back to post #1 to remember what the topic once was.
I'll go back to watching.
The only thing certain is that SOMETHING will happen. I just hope that someone takes the reigns and makes it as least unpleasant as possible.
Even cheap lube is better than sand.
Oh well. 3 pages was more attention-span than I had anticipated and more than is typically achievable in a thread.
Threads are like golden retrievers...fun to watch but so very easily distracted. When all else fails....refer back to post #1 to remember what the topic once was.
I'll go back to watching.
The only thing certain is that SOMETHING will happen. I just hope that someone takes the reigns and makes it as least unpleasant as possible.
Even cheap lube is better than sand.
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