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The Pinnacle IPO is in a few days, and as far as flying for other airlines, we would be limited to aircraft less than 60 seats or less than 70k lbs MTOW(page 59 of IPO). I can't seem to find the year when Pinnacle can start seeking other code shares. The IPO prospectus is 129 pages long and it's like reading the FAR's, and it's getting late.FDXFO2007 said:According to a Local Memphis periodical (Can't remember if it was the Commercial Appeal or the Memphis Business Journal) Pinnacle is gonna have an IPO in 30 days. The article mentioned that NWA would use the money from the IPO to fund the retirement fund and (I think I read this correctly) will not hold any stock in Pinnacle. Pinnacle and NWA will continue their current agreement for service until 2013 (I think thats the correct year) but Pinnacle would be allowed to seek additional aircraft for other codeshares.
cl-65link said:The Pinnacle IPO is in a few days, and as far as flying for other airlines, we would be limited to aircraft less than 60 seats or less than 70k lbs MTOW(page 59 of IPO). I can't seem to find the year when Pinnacle can start seeking other code shares. The IPO prospectus is 129 pages long and it's like reading the FAR's, and it's getting late.