Pinnacle Air Services

[Dave J]

I do not believe so, but can not confirm anything there maybe some news yea or nae by the 1st of July. In the mean time buisness as usual.

 

[JJET44]

Mr. Hunt is 1 of 4 members in the "Pinnacle Group", that is a team of investors in NW Arkansas, and Pinnacle Air is just one of their projects. I don't belive he has anything to do with the truck company anymore, maybe just attends the monthly board meetings. But the truck company and PA have nothing to do with eachothers. If you do a google search under pinnacle group, you can find a biography on all the members.

Being that Pinnacle doesn't fall under J.B. Hunt Inc. how are the bennies (retirement/401K if any, and Medical)? There's more to life than straight-up Salary!!

Oh yeah check this out.
http://www.pinnaclehills.com/biomainpage.htm

 

[Dave J]

There is a 401k company does not match and employ is eligible after one year, but at least it is something. The Medical is good it is a PPO not an HMO so no need for a primary doc just go to any one in the book pay your co pay of around 20 dollars. It is paid in full by company for employ there is a charge for dependent. I think it is the same for the dental and I have heard we are working on vision.

 

[JJET44]

There is a 401k company does not match and employ is eligible after one year, but at least it is something. The Medical is good it is a PPO not an HMO so no need for a primary doc just go to any one in the book pay your co pay of around 20 dollars. It is paid in full by company for employ there is a charge for dependent. I think it is the same for the dental and I have heard we are working on vision.

4 Rich dudes running the show and no matching on the 401k? That won't fly for too long. If they ever want to be a serious company they have to provide serious bennies.

Mickey Mouse compensation = Mickey Mouse company!!!

 

[starcheckdriver]

This sucks for JetRide pilots, assuming we are completly bought out by Pinnacle. We currently have 401(k) matching $0.50 on the dollar, three healthcare plans to choose from, dental, and vision. 401(k) can be started 60 days after employment. Maybe, we will keep our bennies and Pinnacle's bennies will improve. How can they not have vision coverage for employees who depend on their vision to keep their jobs?!

 

[uscpilot]

This sucks for JetRide pilots, assuming we are completly bought out by Pinnacle. We currently have 401(k) matching $0.50 on the dollar, three healthcare plans to choose from, dental, and vision. 401(k) can be started 60 days after employment. Maybe, we will keep our bennies and Pinnacle's bennies will improve. How can they not have vision coverage for employees who depend on their vision to keep their jobs?!

The 401K sucks, but the health plan is better. Yes there is only one, but it is still better than the three that we have to choose from. As far as vision goes, come on man, you havent memorized the eye chart yet?
WDR11

 

[macpilot]

Did we mention that the health is paid for 100%. Maybe with 80+ pilots we could talk them into a better 401K. Personaly I would like to have a loss of liscensce insurance.

 

[Rake]

401(K) is changing. Got a note from HR the other day. Still waiting to see the info. Vision goes up in July.

 

[TennLear60]

July marks some changes according to HR. We will have company contributions to our 401k. I do not know what percentage it will be. I do not know if new hires will get it at hire date or not. Vision is coming in July. Long term and short term disabillity is coming as well. Open enrollment should come this week or next. That's all I know from HR.

 

[starcheckdriver]

Sounds like things are on the up and up there. Good to hear!

 

[JJET44]

I kinda figured that things would get better through time. It seems that the four partners are a smart bunch and very successful and must realize that a happy employee is a productive employee.

 

[D-Jumbo]

401(K) is changing. Got a note from HR the other day. Still waiting to see the info. Vision goes up in July.

Finally a matching of the 401K, I knew I should have stayed ) Sounds like things are on the up and up!!

 

[75TH_RANGER]

The 401k will be matched $.50 on the dollar up to 3% of your salary.

 

[CFI4LIFE]

Heard the deal is dead!

 

[Rake]

I know with all the rumors floating around, everyone is waiting with anticipation for closure in this matter. Why not wait for official correspondence before commenting on something that may or may not be factual? Rumors lead to disconnect and failure in any organization. This negotiation is not going to finalize overnight. Hopefully, a positive outcome will come in the near future. Until then it’s probably best to keep hearsay to a minimum.

V/R,
Rake

~ And no, I'm not affiliated with management from either organization. Just a simple observation from past experiences.

 

[FR8FO]

what's going on there savage storm?

 

[macpilot]

but starting rumors are so much fun!

 

[starcheckdriver]

The Airnet website is all calling the deal dead. Heard Pinnacle wants nothing to do with the aircraft we have on contract with NetJets and SkyJet. Doesn't make sense to me if it were to be true, but then again, it is all hearsay to begin with.

 

[uscpilot]

I know with all the rumors floating around, everyone is waiting with anticipation for closure in this matter. Why not wait for official correspondence before commenting on something that may or may not be factual? Rumors lead to disconnect and failure in any organization. This negotiation is not going to finalize overnight. Hopefully, a positive outcome will come in the near future. Until then it’s probably best to keep hearsay to a minimum.

V/R,
Rake

~ And no, I'm not affiliated with management from either organization. Just a simple observation from past experiences.

By your rational this thread should never have started. Short of questions about benifits and pay the whole thing is nothing but heresay. Come to think of it half of the stuff posted on flightinfo is heresay (this very statement was speculation and heresay thus making my point ). Look pilots love to spread rumors as if they are fact and this big knitting circle we call a chat room satisfies this need.
Airnet has had bad luck recently with buyouts. Last November it was a done deal, then at the last minute it fell through. Yes it was different, a stock buy back in an attempt to privatize the company, but from our perspective the lead up to both events is strickingly similar and the end results difficult to ignore.
The negotiations have been going on for some time. Nobody thought that it would happen overnight. But this has been dragging on for some time now. Something happened *edit* with the managed aircraft, Pinnacle doesnt want them (oh know more heresay ).
WDR11

 

[Stealthh21]

The Airnet website is all calling the deal dead. Heard Pinnacle wants nothing to do with the aircraft we have on contract with NetJets and SkyJet. Doesn't make sense to me if it were to be true, but then again, it is all hearsay to begin with.

And that is funny, because Pinnacle has several aircraft that are exclusively used by Skyjet. I have heard that it is not a done deal. Lots of legal stuff to go though.