Pinnacle
#231
Updates from the Delta call this morning...
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
#232
Gets Weekends Off
Joined APC: Apr 2007
Position: 320
Posts: 709
Updates from the Delta call this morning...
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
#234
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,902
Are you taking him seriously? The analyst lady who asked the question about Pinnacle bust out laughing right when he said it will be the most efficient, best run regional carrier. She laughs. He goes it's really important to notice this. She still laughs and says "I'm sorry."
He concludes with "so much operational leverage on this move, we're excited on close on this (Pinnacle). Read between the lines. Now that 9E bent over and votes yes, they are coming after the other DCI carriers. So it's nothing to be proud of, you have set the next downward pressure spiral on other airlines, especially those in negotiations. But hey, it saved your job right?
He concludes with "so much operational leverage on this move, we're excited on close on this (Pinnacle). Read between the lines. Now that 9E bent over and votes yes, they are coming after the other DCI carriers. So it's nothing to be proud of, you have set the next downward pressure spiral on other airlines, especially those in negotiations. But hey, it saved your job right?
#235
Are you taking him seriously? The analyst lady who asked the question about Pinnacle bust out laughing right when he said it will be the most efficient, best run regional carrier. She laughs. He goes it's really important to notice this. She still laughs and says "I'm sorry."
or "WILL BE the most........... "
Big difference.
#236
:-)
Joined APC: Feb 2007
Posts: 7,339
#237
Gets Weekends Off
Joined APC: Feb 2007
Position: FO
Posts: 3,032
Updates from the Delta call this morning...
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
Richard Anderson was asked when does the Pinnacle acquisition close and are you just replacing Comair with Pinnacle?
-May 1st
-It will not replace Comair, it will be the most efficient best run regional carrier in the industry
Why?
-We have fixed the scale and cost issues
-70 and 76 seaters in
-Control the product and make it like mainline
Know your audience. These are investors they are talking to. RA, SD, and all the other officers on it are there to sell to the investors on their decisions for Delta and how it makes a positive impact on Delta's bottom line.
Of course they aren't going to come out and say we sunk 100 Million into a company just to write it off in a few years, because we didn't notice that we had a supplier who couldn't run their business and we didn't want to have a massive service disruption.
Pinnacle is still going to park a ton of fifty seaters over the next few years and not replacing them one for one. That is good from an investors point of view, not a pilot point of view.
#238
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,902
I don't know, but I can assure you no RJ pilot is making those wages. What is a 4th year FO cap? 37/hr? Is that how little you think you are worth to vote yes to this POS? Or are you a Capt willing to take any paycut to hang on to the left seat until Delta calls.
#239
Gets Weekends Off
Joined APC: Jun 2008
Posts: 939
You must have some pretty low self esteem then bro, flying around that big fancy Bus of yours with 3 times the people in the back, for $49, whose rates put a downward spiral on the legacies.....
#240
:-)
Joined APC: Feb 2007
Posts: 7,339
No, I just find it ironic that a bottom feeder is calling out another bottom feeder.
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