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Pinnacle Airlines officially emerges from bankruptcy
May 1, 2013 Pinnacle Airlines, helped by financial support from Delta, has emerged from bankruptcy protection and will complete its headquarters relocation to Minneapolis/St. Paul from Memphis by the end of this month, the carrier said in a release. “We have come a long way since April 1, 2012. Our employees and our airline have weathered difficult changes in order for us to emerge as a competitive regional airline. Our focus is now on becoming a single, cohesive airline, while reshaping our workforce and fleet,” said Ryan Gumm, president and chief executive officer. “We have combined airlines, transitioned fleets, navigated Chapter 11, restructured our entire operation and achieved consensual agreements with our labor groups, all while we continued to operate safely and reliably. Everything we have accomplished is because of this great team of people.” With the emergence from bankruptcy, a new officer structure announced March 19 becomes effective. Gumm becomes the president and chief executive officer; Barry Wilbur becomes senior vice president and chief operating officer; Loren Neuenschwander becomes senior vice president and chief financial officer; and Mike Becker becomes senior vice president and chief administrative officer. |
Pinnacle Airlines now a Delta subsidiary | www.ajc.com
The King is dead, long live the King!!!!!!! Edit: Dammit, got beat to it. |
Originally Posted by CAPTAINPCL
(Post 1401730)
Pinnacle Airlines officially emerges from bankruptcy
May 1, 2013 Pinnacle Airlines, helped by financial support from Delta, has emerged from bankruptcy protection and will complete its headquarters relocation to Minneapolis/St. Paul from Memphis by the end of this month, the carrier said in a release. “We have come a long way since April 1, 2012. Our employees and our airline have weathered difficult changes in order for us to emerge as a competitive regional airline. Our focus is now on becoming a single, cohesive airline, while reshaping our workforce and fleet,” said Ryan Gumm, president and chief executive officer. “We have combined airlines, transitioned fleets, navigated Chapter 11, restructured our entire operation and achieved consensual agreements with our labor groups, all while we continued to operate safely and reliably. Everything we have accomplished is because of this great team of people.” With the emergence from bankruptcy, a new officer structure announced March 19 becomes effective. Gumm becomes the president and chief executive officer; Barry Wilbur becomes senior vice president and chief operating officer; Loren Neuenschwander becomes senior vice president and chief financial officer; and Mike Becker becomes senior vice president and chief administrative officer. |
Originally Posted by CAPTAINPCL
(Post 1399368)
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Slight thread drift-Has Delta discussed anything about the 30 CRJ-900 options?
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Only bit of possible propaganda I got regarding the 30 options is that Gumm is pushing for Delta to place them at 9E. That from our ever so perfect and truthful union. Just like 9E bidding on the 700s.
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Originally Posted by IBPilot
(Post 1401002)
I was going to agree with you and defend you on the picket, but you can kiss it bye bye now.. |
"and achieved consensual agreements with our labor groups" That's a low blow even by 9E standards. |
Originally Posted by ShyGuy
(Post 1401940)
:eek:
That's a low blow even by 9E standards. |
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