Pinnacle buys Colgan?
01-18-2007, 10:06 AM
#11
Gets Weekends Off
Joined APC: May 2006
Position: 767 CA
Posts: 411
$20M for 39 planes that sell for over a million each seems kind of lean to me. They must have some MASSIVE debt to be assumed, too.
Well, who's for signing a union card and getting the pilot groups together?!
Well, who's for signing a union card and getting the pilot groups together?!
01-18-2007, 10:20 AM
#12
Gets Weekends Off
Joined APC: Jan 2007
Position: CRJ
Posts: 2,356
http://news.moneycentral.msn.com/tic...Symbol=US:PNCL
I hate to say it but,, I TOLD YOU GUYS... read back a few post and you all were laughing at me saying it could never happen. I knew it was in the works,,, apperantly they were for sale. I don't hate all you haters out there, just Next time just listen to me,, i don't post stuff just to start rumors, i post what i hear from reliable sources, and what i honestly feel is going to happen.
I hate to say it but,, I TOLD YOU GUYS... read back a few post and you all were laughing at me saying it could never happen. I knew it was in the works,,, apperantly they were for sale. I don't hate all you haters out there, just Next time just listen to me,, i don't post stuff just to start rumors, i post what i hear from reliable sources, and what i honestly feel is going to happen.
Last edited by Airsupport; 01-18-2007 at 10:26 AM.
01-18-2007, 10:56 AM
#15
Gets Weekends Off
Joined APC: May 2006
Position: 767 CA
Posts: 411
Originally Posted by Airsupport
http://news.moneycentral.msn.com/tic...Symbol=US:PNCL
I hate to say it but,, I TOLD YOU GUYS... read back a few post and you all were laughing at me saying it could never happen. I knew it was in the works,,, apperantly they were for sale. I don't hate all you haters out there, just Next time just listen to me,, i don't post stuff just to start rumors, i post what i hear from reliable sources, and what i honestly feel is going to happen.
I hate to say it but,, I TOLD YOU GUYS... read back a few post and you all were laughing at me saying it could never happen. I knew it was in the works,,, apperantly they were for sale. I don't hate all you haters out there, just Next time just listen to me,, i don't post stuff just to start rumors, i post what i hear from reliable sources, and what i honestly feel is going to happen.
I'm still shocked the Colgans would sell themselves out of jobs so cheaply.
01-18-2007, 11:13 AM
#17
Gets Weekends Off
Joined APC: May 2006
Position: 767 CA
Posts: 411
Originally Posted by Pilot41
..and what's in it for Pinnacle?
I really shouldn't take a rocket scientist to see that we both have a vested interest in not being pitted against one another.
01-18-2007, 11:40 AM
#18
Gets Weekends Off
Joined APC: Jan 2007
Position: CRJ
Posts: 2,356
Originally Posted by STR8NLVL
Well, I said it on that post, and will restate it here. I apologize, you were right. I have just been infused with a healthy dose of skepticism from all the crap rumors that I hear posted and stated in the cockpit as fact. And this one was especially unbelievable. But, it proved true.
I'm still shocked the Colgans would sell themselves out of jobs so cheaply.
I'm still shocked the Colgans would sell themselves out of jobs so cheaply.
01-18-2007, 12:40 PM
#19
Line Holder
Joined APC: Oct 2006
Posts: 59
Why is it so hard to belive? They just sold for 20million! They can take that 20 million, spread it out over some CD's @ 5.75% and sit in the Caribbean in their new beach house sippin on some mixed drinks. Looks like a good deal for them!
01-18-2007, 01:12 PM
#20
Banned
Joined APC: Jan 2006
Position: A-320
Posts: 6,929
Originally Posted by dingo222
brotha, u either left at the best possible time or the worst. We wont know for a bit. How's EWR?
I was at Colgan for 9 months, I have personally experienced the abuse, Kepp ya heads up
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