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pinnacle bought colgan

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Old 01-18-2007 | 07:24 AM
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Default pinnacle bought colgan

Its true, here's the link:

http://biz.yahoo.com/iw/070118/0204591.html

I owe somebody some beer.

THe companies will remain seperate entities.
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Old 01-18-2007 | 07:26 AM
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I don't know what could be more valid than a Reuters story...

Please Pinnacle, integrate lists...please!
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Old 01-18-2007 | 07:29 AM
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Too bad, bummer
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Old 01-18-2007 | 07:30 AM
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Originally Posted by DMEarc
Please Pinnacle, integrate lists...please!
Fat chance
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Old 01-18-2007 | 07:32 AM
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wow i'm suprised its true though just got an email w/a letter from chuck and mike colgan saying that we are selling
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Old 01-18-2007 | 07:33 AM
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I didnt get the email...What were his reasons? Didn't like making $19 million a year? Needed $20 buyout?
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Old 01-18-2007 | 07:39 AM
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its on the conference call now, now owned by pinnacle holdings
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Old 01-18-2007 | 07:42 AM
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what is the number?
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Old 01-18-2007 | 07:46 AM
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But why? Why? Why? I don't understand.......?
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Old 01-18-2007 | 07:54 AM
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conference call over, colgan will maintain as a seperate company, seperate senority list, outstation basing will be looked at on a case by case basis, pay wont change as of now. No word of union. Still looking at expansion on a case by case basis. there is a powerpoint presentation on the colgancrew site. there will be another conference call later with the pcl reps. Colgan bought buy the holdng company, not pinnacle airlines. The pcl reps have a meeting with the bombardier reps today in MEM. YEah right
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