Pinnacle purchases 15 Q400

[The Venture]

Read this in the memphis commercial appeal this am. Anyone else hear anything? Article says planes are to flown for continental in the northeast.

 

[IrishjbPilot]

http://www.commercialappeal.com/mca/business/article/0,1426,MCA_440_5329052,00.html

 

[StormChaser]

http://biz.yahoo.com/prnews/070205/clm113.html?.v=10

 

[SplitBar]

Flown by Colgan. Oh Boy! Time for some scope.

 

[IrishjbPilot]

Ha...nice timing with the post.

 

[The Venture]

Alpa better get the wheels turning. I thought this would be in violation of the scope clause that the 9E pilots have.

 

[redflyer65]

Wheels are already turning. I'm sure the paperwork will filed shortly. Just not sure which US Disctrict Court yet.

A pretty clear violation. We'll see.

 

[Flyer1015]

Is there a clause that states any new airplanes bought by Pinnacle Holdings must be operated by Pinnacle Airlines?

 

[GEORGE DUBYA]

OH boy here we go

 

[Justino2]

Blah Blah Blah....what Ever.

 

[funnyman12]

i doesn't say pinnacle purchased the planes....they made a purchase agreement with continental. hense if continental indeed was the buyer of the planes then pinnacle pilots should not be so upset. since their sweat didnt buy the planes. continental has been negotiating with bombardier in the recent months.

 

[Flyer1015]

i doesn't say pinnacle purchased the planes....they made a purchase agreement with continental. hense if continental indeed was the buyer of the planes then pinnacle pilots should not be so upset. since their sweat didnt buy the planes. continental has been negotiating with bombardier in the recent months.

The very *first* sentence of the article was:

Memphis-based Pinnacle Airlines Corp. is buying a fleet of 15 planes in another move to ensure its future even as its longtime partner, Northwest Airlines, continues to struggle for its survival.

Sounds like they are purchasing the planes, not leasing them from Continental. Oh well, time will tell.

 

[funnyman12]

Continental will purchase all Q400 capacity at predetermined rates and
industry standard pass-through costs. Fuel will be purchased directly by
Continental and provided to Colgan at no cost.
PER YAHOO FINANCE

 

[funnyman12]

Great job Colgan pilots!!! all our sweat has made Continental confident in our product!! hooray for all our hard work!

 

[gromgutten]

I love it.....I bought Pinnacle stock at $4.50!

 

[GEORGE DUBYA]

This is totally going to be a whipsaw 9E B1B scope clause problem.

 

[LanceAir]

Is it normal to announce plans like this 10 months ahead of time? Glad these are going to be flown in EWR, if I get stuck in one I would rather be up North

 

[vectorvictor]

Will this plane have a lav?

 

[LanceAir]

Will this plane have a lav?

Maybe 2 !!!! I won't need to bring those empty Gatorade bottles anymore.:beer:

 

[filejw]

Actually it a nice A/C to ride in and makes economical sense on many routes under say 400 miles.