Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
Alpa has dropped the ball again with Pinnacle >

Alpa has dropped the ball again with Pinnacle

Search

Notices
Regional Regional Airlines

Alpa has dropped the ball again with Pinnacle

Thread Tools
 
Search this Thread
 
Old 02-11-2007 | 01:27 PM
  #41  
Line Holder
 
Joined: Apr 2006
Posts: 29
Likes: 0
Default

i'm not at colgan...
Reply
Old 02-11-2007 | 04:29 PM
  #42  
dingo222's Avatar
Gets Weekends Off
 
Joined: Nov 2005
Posts: 555
Likes: 0
Default

haha......kinda funny that i keep hearing that pcl bought our q400's. They sure as hell didn't pay enough for our operation, they aren't making enough flying for NW or they wouldn't have to go to bk court to get back pay for work they did. The q400 is going to buy pcl those shiny new jets they want.
Reply
Old 02-11-2007 | 04:52 PM
  #43  
BoilerUP's Avatar
Doing One Pilot's Job
 
Joined: Sep 2005
Posts: 7,887
Likes: 122
Default

Originally Posted by dingo222
haha......kinda funny that i keep hearing that pcl bought our q400's. They sure as hell didn't pay enough for our operation, they aren't making enough flying for NW or they wouldn't have to go to bk court to get back pay for work they did. The q400 is going to buy pcl those shiny new jets they want.
Does Colgan own any of their Saabs, or are they leased?
Reply
Old 02-11-2007 | 05:14 PM
  #44  
Banned
 
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Talking

Originally Posted by BoilerUP
Does Colgan own any of their Saabs, or are they leased?
colgan own a saab? hahahhaha Wells Fargo my friend, Wells Fargo
Reply
Old 02-11-2007 | 05:32 PM
  #45  
dingo222's Avatar
Gets Weekends Off
 
Joined: Nov 2005
Posts: 555
Likes: 0
Default

colgan owns more than half of them, I think 29 of the saabs. The rest are leased. I'm not sure about the 1900's. We also own a lot of the routes we fly for us airways, and some of the gates at various airports. Makes you wonder how th 20 mil came into play. There's more to this deal than has been made public. We will find out when they have to file the public SEC filing after the deal closed.
Reply
Old 02-11-2007 | 08:38 PM
  #46  
higney85's Avatar
Gets Weekends Off
 
Joined: Sep 2006
Posts: 2,613
Likes: 8
From: Bus driver
Default

Originally Posted by dingo222
colgan owns more than half of them, I think 29 of the saabs. The rest are leased. I'm not sure about the 1900's. We also own a lot of the routes we fly for us airways, and some of the gates at various airports. Makes you wonder how th 20 mil came into play. There's more to this deal than has been made public. We will find out when they have to file the public SEC filing after the deal closed.

I believe some of the leased ones are owned by pinnacle as well. If you recall PNCL did have saabs before the -200's showed up. *As I understand it*- some were sold, some were "leased" to mesaba to operate, and some where parked- later "leased" to colgan and a few to someone else. The number I heard was 10 saabs. My source on this was a Mx guy that had evidently been around since the jetstream/saab days. He told me all this as he was pulling numerous breakers on the "reset jet" and telling me how he likes how these are soo easy sometimes, and other times are a major headache compared to the props. I dunno if any of it is true- but I am curious to find out.
Reply
Old 02-11-2007 | 08:41 PM
  #47  
Banned
 
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Red face

Originally Posted by dingo222
colgan owns more than half of them, I think 29 of the saabs. The rest are leased. I'm not sure about the 1900's. We also own a lot of the routes we fly for us airways, and some of the gates at various airports. Makes you wonder how th 20 mil came into play. There's more to this deal than has been made public. We will find out when they have to file the public SEC filing after the deal closed.
Yes this is true, something is up, should be interesting indeed
Reply
Old 02-11-2007 | 08:56 PM
  #48  
Gets Weekends Off
 
Joined: Nov 2006
Posts: 829
Likes: 0
From: 737 Left
Default

Not to mention, Colgan is no $20 million company. The deal should have been more like $200-300 million
Reply
Old 02-12-2007 | 02:59 AM
  #49  
BoilerUP's Avatar
Doing One Pilot's Job
 
Joined: Sep 2005
Posts: 7,887
Likes: 122
Default

Originally Posted by DMEarc
Not to mention, Colgan is no $20 million company. The deal should have been more like $200-300 million
You're joking, right?

Did you see how much AirTran offered for Midwest?
Reply
Old 02-13-2007 | 01:19 PM
  #50  
Gets Weekends Off
 
Joined: Nov 2006
Posts: 829
Likes: 0
From: 737 Left
Default

Originally Posted by BoilerUP
You're joking, right?

Did you see how much AirTran offered for Midwest?
Good point, but CJC has near 50 airplanes...

Are you telling me those airplanes alone are worth less than $450,000/each? Not to mention, the buildings, hangars, route structure and name.

There is something that we aren't hearing about...this just doesn't add up.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
HIREME
Regional
61
01-24-2007 07:34 PM
rjlavender
Major
26
10-19-2006 08:48 PM
RockBottom
Major
0
09-14-2005 09:52 PM
Diesel 10
Hangar Talk
4
07-20-2005 05:22 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices