Latest PNCL email

[Flyer1015]

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GoJets will get ZERO new a/c! They have no 200's to trade out - which is part of the contract to eliminate 200's - and Delta is already unhappy with them! They won't be adding any 900's for Delta. Pinnacle is also in trouble, as they are bankrupt. Skywest has money and strong contracts.

Sure they can. Delta only wants to eliminate -200s. Pinnacle can easily lose its -200s in exchange of -900s, and Delta can give those to GoJets.

 

[79%N1]

True.....BUT........Delta is already leary of GoJets. They were awarded the flying they got as part of the deal of Trans States purchase of Compass.

 

[titans10]

Who told you delta was leary of GoJets?

 

[sinkrate]

For PNCL to exit BK they will need more cash - and only DAL is willing to supply it - if PNCL meets whatever cost target they have. IF PNCL does exit BK they will have to have a revenue stream large enough to service the debt DAL is going to saddle them with. My guess is some where around 100 AC - that is typicaly what wall street will want for an IPO. The BK judge and the creditor committee will have to accept the plan. It is possible, but not very likely, that PCL could emerge from BK with just the former Mesaba operation. That size operation would struggle to service the new debt incurred in BK. Liquidation would be more likely.

This is very different from CMR or the first Mesaba BK. There are more players in a much larger game. Delta does not have any interest in owning any regioanl. The business model for the DCI operation is to have several regionals competing against each other on price. From DALs perspective there is no profit in owning a regional - it would reduce the competition. They will move the contracts around from carrier to carrier so they are never paying more than year 5 or 6 wage rates. When a carrier gets top heavy with senior pilots they will move the planes to another carrier. Then pilots will go with the planes and start over at year one wage rates. Unless the pilots of the top heavy carrier ratify an agreement that effectively reduces their longevity to equal GoJets - or whoever is the latest new carrier. To a Delta station we are all the same.

It doesn't look good for PCL, CMR or ASA for that matter.

 

[i fly boxes]

I bet this is what happens next: Sometime within the next 1 to 3 months Delta will announce the actual draw down plan of the 200's and an order for 70 CRJ 900's but they will not place them at a regional carrier yet. Then pncl management and all the other managements will threaten all of us and tell us that if we dont bring down our costs, blah blah blah, we will not get the flying. Delta obviously knows where this flying will go but it wont be revealed until after pinnacle comes out of chapter 11 or goes under which should be by the end of the year.

 

[Flyer1015]

I bet this is what happens next: Sometime within the next 1 to 3 months Delta will announce the actual draw down plan of the 200's and an order for 70 CRJ 900's but they will not place them at a regional carrier yet. Then pncl management and all the other managements will threaten all of us and tell us that if we dont bring down our costs, blah blah blah, we will not get the flying.

This is already happening at 9E.

 

[Oakum_Boy]

Who told you delta was leary of GoJets?

Everyone is suffering for that place. Pretty sure they're tolerated by DL to lower the bar, and lower the bar only.

 

[Flyer1015]

Everyone is suffering for that place. Pretty sure they're tolerated by DL to lower the bar, and lower the bar only.

The only good bar was the Comair contract of 2001. After that, every single regional airline stabbed them in the back and settled for far cheaper contracts.
Besides, one outsourced feeder complaining about another outsourced feeder? They're both outsourced contract feeders.

 

[79%N1]

The only good bar was the Comair contract of 2001. After that, every single regional airline stabbed them in the back and settled for far cheaper contracts.
Besides, one outsourced feeder complaining about another outsourced feeder? They're both outsourced contract feeders.

So, are you like the 'new' general lee that just trolls the regional board even though you no longer work at one to grace us with your superior knowledge and take shots at the lowly regional pilots to make yourself somehow feel good because you find yourself better than them? Just checking......

 

[Flyer1015]

So, are you like the 'new' general lee that just trolls the regional board even though you no longer work at one to grace us with your superior knowledge and take shots at the lowly regional pilots to make yourself somehow feel good because you find yourself better than them? Just checking......

No. Because when I worked at a regional, I never thought one regional was "above" another regional.

 

[79%N1]

But you troll the board, and expound your vast knowledge, and yet you no longer work in this segment of the industry. No hobbies?

 

[Flyer1015]

???

I haven't changed how I use this forum just because I moved from one segment to another. At a regional, I would visit LCC/Majors/Regionals. Now, I still visit all three LCC/Majors/Regionals.

 

[e=mc2]

so is 9E the smallest midgit in the room?

 

[Indy319FA]

The only good bar was the Comair contract of 2001. After that, every single regional airline stabbed them in the back and settled for far cheaper contracts.
Besides, one outsourced feeder complaining about another outsourced feeder? They're both outsourced contract feeders.

+1..One of the best posts I've read in a while......

 

[Indy319FA]

Everyone is suffering for that place. Pretty sure they're tolerated by DL to lower the bar, and lower the bar only.

Hmmm....ten years ago I used to hear the Air Whiskey, Mesaba, Comair, and ACA guys say the same thing about Expressjet, Skywest, Mesa, Chautauqua, and Pinnacle......