Pinnacle and NWA...End is near

[Ridgeback]

http://money.cnn.com/news/newsfeeds/articles/marketwire/0334456.htm

Read between the lines...Looks like no growth

 

[Speedtape]

http://money.cnn.com/news/newsfeeds/articles/marketwire/0334456.htm

Read between the lines...Looks like no growth

Actually, this is a smart business move for both parties. It simply follows the trend set by Continental and Delta. The legends "don't need to own to control--and still receive same benefit." What other revenue streams does Pinacle have? Something minor with Delta. Northwest still controls Pinacle without an investment!

 

[Terry Hunter]

I agree with Speedtape. Why would Pinnacle cut off it's own head, afterall, they are the one's buying back the shares, all to have their future put in doubt?

I think this is a ploy to hide cash that Pinnacle has (by giving it NWA) to make their case against a better pilot contract.

Fight the good fight 9ers!!

 

[norskman2]

Relax. None of this is a big surprise.

In 2003, NWA spun off Pinnacle, and now they are unloading the remainder of their shares. Pinnacle could have sold the shares on the open market or to another investor. The fact that Pinnacle bought the shares can actually be taken as a positive sign that Pinnacle management believes the shares are a good investment and they anticipate further growth.

The 10-year service agreement with NWA locks in the remaining CRJs after the 15 transfer to Mesaba.

Speaking of, NWA acquires Mesaba in bankruptcy, and will probably spin them off as well in a few years, just like XJet and Eagle.

No surprises here.

 

[machaf]

http://money.cnn.com/news/newsfeeds/articles/marketwire/0334456.htm

Read between the lines...Looks like no growth

Wow the intelligent level here always amazes me.

 

[altimaklr]

With Pinnacle flying for Delta and US Airways, it only makes sense for NW to unload this stock.

Pinnacle really needs to bite the bullet and get a contract so they can get staffing levels up and start thinking about fleet renewal.

 

[ChickenSled]

Wow the intelligent level here always amazes me.

I don't understand what you mean?

 

[king10pin02]

With Pinnacle flying for Delta and US Airways, it only makes sense for NW to unload this stock.

Pinnacle really needs to bite the bullet and get a contract so they can get staffing levels up and start thinking about fleet renewal.

I knew they were doing DCI flying, but when did they sign a deal with US Airways? Or are you reffering to Colgan (yes i know they bought colgan)?

 

[BCpilot81]

With Pinnacle flying for Delta and US Airways, it only makes sense for NW to unload this stock.

Pinnacle really needs to bite the bullet and get a contract so they can get staffing levels up and start thinking about fleet renewal.

I guess that since you obviously work for AMR in some form or another, you are used to "biting the bullet" to get things moving.

 

[i fly boxes]

http://money.cnn.com/news/newsfeeds/articles/marketwire/0334456.htm

Read between the lines...Looks like no growth

READ THIS LINE:
YOU ARE A MORON

 

[CoATP]

READ THIS LINE:
YOU ARE A MORON

You insult Morons. Try another epithet for showing this type of intelligence.