REALLY BAD news for DCI XJ&9E

[Ridgeback]

Proposing to drop 24 [COLOR=red !important][COLOR=red !important]markets[/COLOR][/COLOR], will apply for EAS in 9

Cities affected include:

Thief River Falls, MN TVF EAS subsidized 12.0% load factor
Greenville, MS GLH EAS subsidized 27.6% load factor
Devils Lake, ND DVL EAS subsidized 30.3% load factor
Watertown, SD ATY EAS subsidized 35.0% load factor
Muscle Shoals, MS MSL EAS subsidized 35.7% load factor
Fort Dodge, IA FOD EAS subsidized 39.1% load factor
Hibbing, MN HIB EAS subsidized 39.2% load factor
Alpena, MI APN EAS subsidized 39.5% load factor
Tupelo, MS TUP EAS subsidized 41.0% load factor
Jamestown, ND JMS EAS subsidized 42.1% load factor
Mason City, IA MCW EAS subsidized 45.9% load factor
Pierre, SD PIR Not EAS subsidized 47.4% load factor
Iron Mountain, MI IMT EAS Subsidized 48.7% load factor
[COLOR=red !important][COLOR=red !important]Sioux [COLOR=red !important]City[/COLOR][/COLOR][/COLOR], IA SUX Not EAS subsidized 51.4% load factor
International Falls, MN INL EAS subsidized 52.5% load factor
Brainerd, MD BRD Not EAS subsidized 52.6% load factor
Hattiesburg, MS PIB EAS subsidized 53.7% load factor
Escanaba MI ESC EAS subsidized 55.2% load factor
Aberdeen, SD ABR Not EAS subsidized 55.6% load factor
Pellston MI PLN Not EAS subsidized 58.5% load factor
Bemidji, MN BJI Not EAS subsidized 59.3% load factor
Sault Ste Marie MI CIU EAS subsidized 60.0% load factor
Waterloo, IA ALO Not EAS subsidized 61.4% load factor
Butte, MT BTM Not EAS subsidized 65.3% load factor

 

[DoinTime]

Does anyone still believe that Delta is going to keep the Saabs?

 

[bri5150]

Does anyone still believe that Delta is going to keep the Saabs?

I don't think we are keeping the Saabs, but I don't understand why we aren't. A lot of those cities are served by the 200 and they have over 50% load factor. That is almost 100% load factor on a much more efficient Saab. I guess they just want to market an all jet fleet. I hope it's worth it.

edit: maybe not a lot of them, but some of them like ABR and BJI are almost excusively jet service already.

edit 2: Also, how is this bad news? In order for it to be news, it has to be new information. I've known about this for over a year now. The only ones that might be news are the jet service cities.

 

[Ridgeback]

edit 2: Also, how is this bad news? In order for it to be news, it has to be new information. I've known about this for over a year now. The only ones that might be news are the jet service cities.

Thanks I stand corrected...I guess the 350 pilots it takes to fly the Saab and the 100 or so on the Jets that won't be flying anymore make this Not bad news, I'm glad I did well on the SLI...thanks colgan and pinniacle pilots

 

[Ridgeback]

Oh and by the way Pinnacle bankrupt filing to follow soon....Ever wonder why we got such a good contract? Review the history of United airlines in the 90's and their 350/hr rates

 

[bri5150]

Thanks I stand corrected...I guess the 350 pilots it takes to fly the Saab and the 100 or so on the Jets that won't be flying anymore make this Not bad news, I'm glad I did well on the SLI...thanks colgan and pinniacle pilots

My point isn't that it is not BAD. I am saying it isn't news. We have known about this for a long time and have been prepared for it. The Saabs are almost gone already. Heck, there are only 3 in Memphis I think. As some posters have stated, some are actually looking forward to them going away because the schedules are so dang inefficient and they can hold a better jet position anyways.

 

[bri5150]

Oh and by the way Pinnacle bankrupt filing to follow soon....Ever wonder why we got such a good contract? Review the history of United airlines in the 90's and their 350/hr rates

I don't dispute we may declare bankruptcy, but how in the hell does an airline buy another (with everything happening right now already scheduled) and then declare bankruptcy a year later? I know, I know...welcome to Pinnacle. Hopefully our 200 ASA doesn't open up if we go into bankruptcy. How rock solid is that now? Before SLI everyone seemed to think there is no way we would lose 200's before 2017. Now we lost one due to performance and hopefully we don't get gutted if we declare BK.

 

[cybourg10]

Oh and by the way Pinnacle bankrupt filing to follow soon....Ever wonder why we got such a good contract? Review the history of United airlines in the 90's and their 350/hr rates

HAHAHA good contract.......you are funny.

 

[bri5150]

HAHAHA good contract.......you are funny.

Do you know what you are even talking about? It may not be "good", but it certainly is at least average if not better.

 

[COOPERVANE]

Do you know what you are even talking about? It may not be "good", but it certainly is at least average if not better.

Wow you guys really shot for the moon.

At least average is NOTHING to be proud of. Expressjet's concessionary contract is way better than your new one.

Way to raise the bar.

 

[DoinTime]

Hopefully our 200 ASA doesn't open up if we go into bankruptcy. How rock solid is that now? Before SLI everyone seemed to think there is no way we would lose 200's before 2017. Now we lost one due to performance and hopefully we don't get gutted if we declare BK.

The one that went to ASA was not part of the PNCL -200 service agreement. It was a spare allocated to us from Delta. There are three more spares in service between PCL and MSA that also can be removed without infringing on the service agreement.

 

[bri5150]

The one that went to ASA was not part of the PNCL -200 service agreement. It was a spare allocated to us from Delta. There are three more spares in service between PCL and MSA that also can be removed without infringing on the service agreement.

Great, so can you answer the question of whether or not the ASA opens up if we declare bankruptcy? I would say that is a big deal, and I haven't heard an answer yet.

 

[DoinTime]

Wow you guys really shot for the moon.

At least average is NOTHING to be proud of. Expressjet's concessionary contract is way better than your new one.

Way to raise the bar.

There is no doubt the XJet contract is way better than the PNCL contract. XJet has had the best deal going for many years despite the very mild concessions that were given. The PNCL contract is well above average though. Its a solid #2 or #3 contract in the regional business based on money and work rules but we also have Scope protections that far outweigh the regional industry leading pilot contracts. These are holding company Scope protections that Mesa and Republic had to sell their souls for.

 

[DoinTime]

Great, so can you answer the question of whether or not the ASA opens up if we declare bankruptcy? I would say that is a big deal, and I haven't heard an answer yet.

I'm not aware of any exit clauses solely for the filing of bankruptcy. I would find it hard to believe that such a clause would even be legal provided that PNCL didn't reject the contract while in bankruptcy. The new ASA was posted awhile back in an SEC filing, I'm sure some reading would answer that question for certain.

All that being said, we aren't in bankruptcy, there is a steady stream of income, our creditors are being paid, and the current losses are microscopic (not to mention expected) in the grand scheme of things. I think bankruptcy is a very remote possibility unless something pretty drastic changes.

 

[bri5150]

I'm not aware of any exit clauses solely for the filing of bankruptcy. I would find it hard to believe that such a clause would even be legal provided that PNCL didn't reject the contract while in bankruptcy. The new ASA was posted awhile back in an SEC filing, I'm sure some reading would answer that question for certain.

All that being said, we aren't in bankruptcy, there is a steady stream of income, our creditors are being paid, and the current losses are microscopic (not to mention expected) in the grand scheme of things. I think bankruptcy is a very remote possibility unless something pretty drastic changes.

I hope you are right. :beer:

 

[i fly boxes]

A lot of these cities especially on the michigan side are great cities that i hate to see service taken away from. Northwest would never have done this. If the load factor is not there i understand but it still sucks.
On the bankruptcy question - our new ceo guided frontier out of bankruptcy so even if we go in, he will get us out.......... but i seriously doubt we will go into bankruptcy. We have a contract for those 141 crj 200s that delta has to find flying for or pay us for it anways if i am not mistaken

 

[gojo]

A lot of these cities especially on the michigan side are great cities that i hate to see service taken away from. Northwest would never have done this. If the load factor is not there i understand but it still sucks.
On the bankruptcy question - our new ceo guided frontier out of bankruptcy so even if we go in, he will get us out.......... but i seriously doubt we will go into bankruptcy. We have a contract for those 141 crj 200s that delta has to find flying for or pay us for it anways if i am not mistaken[/QUOTE

Of course the load factors are lower in these cities. They were saab cities. What would they expect to happen when they put a less efficient and larger plane on a route that didn't always fill a saab. Go figure Delta ....

 

[WMUSIGPI]

The one that went to ASA was not part of the PNCL -200 service agreement. It was a spare allocated to us from Delta. There are three more spares in service between PCL and MSA that also can be removed without infringing on the service agreement.

And 3 of the 4 have been pulled for bad performance. Oh and 2 of PCL's also were moved to Mesaba in hopes of not losing more. (yes PCL is down 5 airframes at the moment, well 4 because 1 of the XJ900s was moved to them)

 

[WMUSIGPI]

A lot of these cities especially on the michigan side are great cities that i hate to see service taken away from. Northwest would never have done this. If the load factor is not there i understand but it still sucks.
On the bankruptcy question - our new ceo guided frontier out of bankruptcy so even if we go in, he will get us out.......... but i seriously doubt we will go into bankruptcy. We have a contract for those 141 crj 200s that delta has to find flying for or pay us for it anways if i am not mistaken[/QUOTE

Of course the load factors are lower in these cities. They were saab cities. What would they expect to happen when they put a less efficient and larger plane on a route that didn't always fill a saab. Go figure Delta ....

Exactly what they wanted, and excuse to end flying there while continuing to park turboprops so they can continue to say " fly delta jets"

 

[cybourg10]

Do you know what you are even talking about? It may not be "good", but it certainly is at least average if not better.

So you insult my intelligence and then immediately state that my comment was accurate? Brilliant.

Pinnacle Contract 2011: It may not be "good", but it certainly is at least average if not better.