gearupflapsup
I don't want one!
- Joined
- Jul 25, 2002
- Posts
- 43
why dont you quit...nobody is forcing you to work and it sounds like you are a miserable person....
And you figured that from a single line post. You are destined for DTW Base Management with your uncanny ability to intuit motive and personality from a forum post, (Unless you have pinked your type ride. If so you have to go to MSP).
Seriously though...
The market has become wise to PNCL. The $3.00 share price indicated lack of faith in the PNCL model. They did OK when NWA fed them a healthy profit margin , to buoy their stock price. The shares you remember were used as capital to fund a retirement debt.
PNCL has been out on its own twice. Colgan, which at best is now a shrinking venture, with large losses and the Delta flying which failed.
PNCL is cash strapped and the inevitable more expensive pilot agreement will be problematic. The one positive result of the above will be the likely cuts to middle management. Clear out that rats nest in Detroit and MSP..costs will reduce and morale will improve.