Pinnacle in trouble!

[YourPilotFriend]

NWA management is predicting at the current rate of attrition 9E may be out of business by the end of this year. Time to call HR and tell them you'll work for no less than $100K, see how desperate they really are.

 

[BoilerUP]

That's not even good flamebait.

 

[YourPilotFriend]

That's not even good flamebait.

It's not flame bait, there was an all manager call about it, that hasn't happened before.

 

[mynameisjim]

I had heard an average of 30 flights a day canceled due to crew shortages. I think that's almost 5%?

 

[Dumb Pilot]

A couple of F/O's in MSP where talking about how the company has canceled some flights from their March schedule a couple of weeks in advance because of lack of captain coverage.

 

[mynameisjim]

I was just reading a PCL presentation

http://library.corporate-ir.net/library/13/131/131072/items/230440/PNCLpresentationatCalyon0207.pdf

where they were bragging about being the highest in "Cash as a percentage of total assets" at 55%. Hello?? They have no assets, thats why!

 

[DoinTime]

I had heard an average of 30 flights a day canceled due to crew shortages. I think that's almost 5%?

Its about 2%. The problem is that NWA unloaded 15 CRJ's on us overnight and expected us to just absorb them without a hiccup. Attrition is a problem now but it wouldn't have been if our flying had remained static.

 

[DoinTime]

I was just reading a PCL presentation

http://library.corporate-ir.net/library/13/131/131072/items/230440/PNCLpresentationatCalyon0207.pdf

where they were bragging about being the highest in "Cash as a percentage of total assets" at 55%. Hello?? They have no assets, thats why!

They may not have much for assets but they have $280 million in the bank. Thats alot for a airline of its type.

 

[ERJpusher]

I just met a new hire FO the other day that had about 400 TT with 20 ME. I don't even think this person will even be able to upgrade for about 3 years. That may create problems down the line if this is a trend.

 

[Ben Dover]

Attrition is a problem now but it wouldn't have been if our flying had remained static.

Where are people going? Just curious...

 

[Oakum_Boy]

Like every regional: Anywhere.

 

[atpcliff]

Hi!

Are their significant numbers of "Pinnicleees" leaving for TSA, Mesa, or any of the 19-seat prop operators?

cliff
YIP

 

[Smarta$$]

Hi!

Are their significant numbers of "Pinnicleees" leaving for TSA, Mesa, or any of the 19-seat prop operators?

cliff
YIP

No. The people I have been hearing are leaving for CO, Fed Ex, UPS, Southwest, Fractionals, Delta(I don't know if that class is still going, a couple of random cargo ops and some foriegn airlines. That has been in the last two months.

 

[BoilerUP]

It's not flame bait, there was an all manager call about it, that hasn't happened before.

So Pinnacle will be out of business in another 10 months...and there is talk about them getting -900 flying for Delta?

 

[xjlifer]

I heard the dropped the "English as a primary language" requirement.

 

[paid4training]

Yea but they kept the ATP written completed part...wtf? I was at the AirInc thing and Pinnicle would not even take my resume (947tt/157multi) without a atp written....But I think they were trying to get all the brouthas though!!!

 

[MACH-TUCK]

Meltdown?

Scheduling has already dropped 3 days worth of flying in March and canceled one of my high speeds due the captain shortage. I'm losing like 8 hrs pay. I think this company is on the verge of another "Christmas like" meltdown. March, April, May and June will be very interesting.

 

[Kaman]

In a phrase..."You reap what you sow". This is what Pinnacle gets for it's low-balling tactics, and lack of respect for not only their employees, but that pilot profession in general. I am personally embarassed to be even the slightest bit associated with them as a pilot at "Brand-X" (Colgan). I certainly hope that their travelling circus of auditors visiting Colgan stations aren't offended by thr cool reception they'll recieve from some Colgan pilots.

 

[doh]

Scheduling has already dropped 3 days worth of flying in March and canceled one of my high speeds due the captain shortage. I'm losing like 8 hrs pay. I think this company is on the verge of another "Christmas like" meltdown. March, April, May and June will be very interesting.

So you don't have pay protection once schedules are out?

 

[ataopsdave]

We only get 50% pay for cancellations