Delta to buy Pinnacle
01-03-2013 | 05:25 PM
#33
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Why don't some of you guys from other carriers go to one of our road shows and find out what really is happening here at PCL and what is projected to happen. I guess it wouldn't be as fun spouting off facts instead of rumors on APC.
01-03-2013 | 05:41 PM
#35
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From: AN124 FE
01-03-2013 | 05:54 PM
#37
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don't wet your whistle because I don't care either way, but #1 starts in 81, and # 200 ends in 97. Prolly wouldn't be a big deal, especially since most ISL mergers lately are category/class instead of straight DOH.
01-03-2013 | 06:01 PM
#38
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From: Taco Rocket Operator
Delta is just formalizing what has been going on in reality since last April. Delta wants their money back. The only way to get it back is to get costs under control, clean house, put competent management in place, fix the problems there, put a long term contract in place, and sell the company to get back the money Delta has dumped into Pinnacle over the last 9 months.
01-03-2013 | 06:08 PM
#39
Kerbal Rocket Surgeon
Joined: Dec 2007
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From: DTW 717A
The only reason the Compass flow continued after Compass was sold to TSH was because the DAL MEC chairman made it happen.
Pinnacle is being "bought" for a song. The previous owners were crooks who skimmed money while failing to perform. DAL bought it because nobody else wanted it. Without firm agreements for lift with the consolidated legacy carriers, Pinnacle wasn't an attractive package. The purchase gives DAL the opportunity to reconfigure the airline and offer it for sale with a strong lift agreement with DAL.
Pinnacle is being "bought" for a song. The previous owners were crooks who skimmed money while failing to perform. DAL bought it because nobody else wanted it. Without firm agreements for lift with the consolidated legacy carriers, Pinnacle wasn't an attractive package. The purchase gives DAL the opportunity to reconfigure the airline and offer it for sale with a strong lift agreement with DAL.
01-03-2013 | 06:54 PM
#40
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From: B757/767
Or maybe because the DAL pilot's contact had substantial penalties for dissolving the flow back? And since Delta management signed said contract, they decided to actually comply with it? Also, I believe the concept of forced large RJ reductions as a result of flow back dissolution was in the PMNW contract.
Last edited by johnso29; 01-03-2013 at 07:13 PM.
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