Delta to Pinnacle: Concessions or shutdown
#151
18 months later, just as we passed the 50 airplane mark on our way to 44, Delta announced that we would not be efficient with just 44 aircraft, and that they were shutting us down.
On the other hand, Compass had a fleet of 36 aircraft for years. Of course they don't have 15-year Captains either.
#152
Banned
Joined: Dec 2007
Posts: 2,934
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From: EMB 145 CPT
Fact......DALs contract reduced the overall number of DCI aircraft
Fact......that means less jobs at those carriers
Fact......It probably means less carriers
Fact......Other mainline carriers when they sign their contracts in the future will also reduce overall regional aircraft
Fact......that means less jobs at those carriers
Fact......It probably means less carriers
Fact......Other mainline carriers when they sign their contracts in the future will also reduce overall regional aircraft
#155
Gets Weekends Off
Joined: May 2010
Posts: 900
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From: A320 FO
I really don't think Pinnacle needs for pilots to take pay cuts. In the next couple of years there is going to be huge attrition. Pinnacle is going to have plenty of junior Captains and F/O's. Bottom of the pay scale. If they can't stay in business with those rates then maybe it isn't labor costs and it's poor management. $45 top rate for f/o's is low as it is. $45,000 tops for flying a 90 seat jet? All the time on the road, in crappy hotels...where do you draw the line? $30? $25? $15?
#156
Gets Weekends Off
Joined: Apr 2007
Posts: 709
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From: 320
Apparently, getting a contract that put us in line with other DCI carriers like Skywest and ASA (or, well, I guess they're the same but with different contracts now?!?) broke the bank and sent us into bankruptcy. At that point, I'd say it's all mis-management. If you can't operate your business with the same costs as your competitor, you need to look in the mirror.....
#157
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
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From: Record-Shattering Profit Facilitator
#158
Opening up cross training to Colgan's fleet in the standard Pinnacle manner of executing it the worst possible way is what put 9E in bankruptcy. I don't see any flying for other airlines in 9E's future for a very long time.
#159
Gets Weekends Off
Joined: Dec 2005
Posts: 9,498
Likes: 506
So in that regards, it wasn't management that allowed that to happen, it was the union and the JCBA.
Then add in that we lost all of the US airway Saabs that created downgrades and displacements. This burned through the cash 9e had and created a cash flow problem.
#160
Gets Weekends Off
Joined: Apr 2007
Posts: 709
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From: 320
I believe that the US flying was going away once the slot swap was done they just made it happen faster. I do agree that the Union should have helped out at the beginning with training events how ever it was the responsibility of management at the time the JCBA was signed to do their due diligence.
What i meant for looking for other flying was if we get out of BK. Once/IF we emerge I believe we are able to fly for anybody unless Delta Buys us.
What i meant for looking for other flying was if we get out of BK. Once/IF we emerge I believe we are able to fly for anybody unless Delta Buys us.
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