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-   -   Will Pinnacle be sold off? (https://www.airlinepilotforums.com/regional/67979-will-pinnacle-sold-off.html)

Will 06-07-2012 11:44 AM

Will Pinnacle be sold off?
 
Just wondering what people are speculating? Will PCL be sold after the bk is finished or will 9E be a stand alone company?

Red97Vette 06-07-2012 12:02 PM

Well, doesn't delta own them now? I imagine they will be sold off ASAP after bk. Delta seems to hate owning regionals... If they can't sell them, they might get dismantled like the comair boys.

ebl14 06-07-2012 12:04 PM


Originally Posted by Red97Vette (Post 1207278)
Well, doesn't delta own them now? I imagine they will be sold off ASAP after bk. Delta seems to hate owning regionals...

Delta doesn't own them, they have provided DIP finiancing, so they are in the drivers seat, but they do not own the company.

Red97Vette 06-07-2012 12:14 PM

Oh ok, I misunderstood. Thanks.

samballs 06-07-2012 12:29 PM

New rule on this forum. If a thread makes you feel dumb by fourth post, thread is closed.

samballs 06-07-2012 12:31 PM

WILL, they can't be sold off since they are a stand alone, so do you mean will someone merge with them, or will they remain a stand alone?

LoudFastRules 06-07-2012 01:40 PM

It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

tom14cat14 06-07-2012 01:42 PM


Originally Posted by samballs (Post 1207292)
WILL, they can't be sold off since they are a stand alone, so do you mean will someone merge with them, or will they remain a stand alone?

I think most people think that Delta bought us since they provided DIP financing.

Jamers 06-07-2012 02:48 PM


Originally Posted by LoudFastRules (Post 1207341)
It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

Yes, this is true.

The Juice 06-07-2012 03:40 PM



Originally Posted by LoudFastRules (Post 1207341)
It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

Yes, this is true.
Delta owns Pinnacle without the hassles of actually owning them.

It's like a live in girlfriend. All the benefits of marriage with the ability to tap out at any time.


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