Pinnacle stock down 25%

[Simon Says]

The title says it all.

 

[DoinTime]

....and you are wondering why? In case you haven't been watching the news Pinnacle Corp's civil liability exposure just went through the roof. You can bet the execs are already looking for ways to blame this on the pilots. Thankfully, ALPA will be fighting for the deceased crewmembers.

 

[Simon Says]

I wasn't wondering why. I also don't think insurance premiums go up until cause is determined, although I don't really know.

God bless to all involved directly and indirectly.

 

[Rez O. Lewshun]

Colgan pilots did well for themsleves to bring in ALPA. In addition, they are a very new ALPA group, yet they have the solid experience of the PCL MEC... In addtion I understand about 15 ALPA reps went active to BUF, including CAL and UAL....

Imagine being at Skywest or JB..... chilling....

 

[JumpersAway]

Colgan pilots did well for themsleves to bring in ALPA. In addition, they are a very new ALPA group, yet they have the solid experience of the PCL MEC... In addtion I understand about 15 ALPA reps went active to BUF, including CAL and UAL....

Imagine being at Skywest or JB..... chilling....

Hey Rez.......Relax buddy. I'm suuuuuuure that SkyWest Management would pony up to the plate to look after the best interests of the crew's families. After all, they're management- what could possibly go wrong??????

 

[FmrFreightDog]

Colgan pilots did well for themsleves to bring in ALPA. In addition, they are a very new ALPA group, yet they have the solid experience of the PCL MEC... In addtion I understand about 15 ALPA reps went active to BUF, including CAL and UAL....

Imagine being at Skywest or JB..... chilling....

Wow. Does the word "zealot" mean anything to you?

 

[CFIT]

Colgan pilots did well for themsleves to bring in ALPA. In addition, they are a very new ALPA group, yet they have the solid experience of the PCL MEC... In addtion I understand about 15 ALPA reps went active to BUF, including CAL and UAL....

Imagine being at Skywest or JB..... chilling....

Wow Rez,

You just hit a "new low" in membership recruitment, nice job!

 

[Rez O. Lewshun]

explain

 

[e=mc2]

Yhea ALP has experience with fatal accident investigation at Pinnacle. After all this is the SECOND fatal accident for this organization.

So out of 4 fatal accidents involving the regionals, Pinnacle has had TWO!

Think there may be a reason?

 

[goodgig]

e=mc2=0

How exactly are intending to relate the two?

 

[xjgearbtch]

BS pure BS grow up be a part of the solution not take cheap shots from your computer. Both are professional groups, I'd fly in the back with them anyday.

 

[Smarta$$]

Yhea ALP has experience with fatal accident investigation at Pinnacle. After all this is the SECOND fatal accident for this organization.

So out of 4 fatal accidents involving the regionals, Pinnacle has had TWO!

Think there may be a reason?

Pinnacle management does put safety well behind savings. Pinnacle pilots do not. Nice cheap shot toolbag.

 

[Rez O. Lewshun]

BS pure BS grow up be a part of the solution not take cheap shots from your computer. Both are professional groups, I'd fly in the back with them anyday.

Once again, as usual the point is missed on FI....

I'd ride in the back of OO or JB as well....

The point was having the support system of a union, ALPA preferred, if an accident were to occur.

Is there a Skywest pilot or JB pilot that thinks post accident support is undesirable...


As much as I loath the OO and JB pilots for being free loaders, If I happened to be near a OO/JB aircraft during an incident or accident, I would put my accident response skills from ALPA to work for those pilots and crew.....

It is all about support and resources....

 

[Dirty Sanchez]

Yhea ALP has experience with fatal accident investigation at Pinnacle. After all this is the SECOND fatal accident for this organization.

So out of 4 fatal accidents involving the regionals, Pinnacle has had TWO!

Think there may be a reason?

Maybe only 4 in your 36 month long regional airline career.

 

[flyer7rm]

Idiot

Once again, as usual the point is missed on FI....

I'd ride in the back of OO or JB as well....

The point was having the support system of a union, ALPA preferred, if an accident were to occur.

Is there a Skywest pilot or JB pilot that thinks post accident support is undesirable...


As much as I loath the OO and JB pilots for being free loaders, If I happened to be near a OO/JB aircraft during an incident or accident, I would put my accident response skills from ALPA to work for those pilots and crew.....

It is all about support and resources....

IDIOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[snap145]

Yhea ALP has experience with fatal accident investigation at Pinnacle. After all this is the SECOND fatal accident for this organization.

So out of 4 fatal accidents involving the regionals, Pinnacle has had TWO!

Think there may be a reason?

Congratulations!..you win the duesche of the month award....if you have such a problem and think its such an unsafe operation, let us know your name and dont ever ask for a jumpseat....thanks for such a classy comment in the midst of an extremely unfortunate event..

 

[Speedtape]

The title says it all.

Let's get back to the topic of the thread.

1. I doubt the Colgan situation had anything to do with the stock price of Pinnacle--very few could make the connection.

2. In case you've been in hibernation, all airline stocks are down.

3. However, the cap rate makes them a prime target for acquisition, as they have long term value with their contracts with NWA/Delta.

4. I am quite sure the stock price has caught someone's attention in southern Utah that is sitting on a Ft. Knox pile of cash!

5. However, should the stock price drop much further, it may be to the benefit of their Mainline partner to do a stock swap and acquire them without the outlay of one penny. Why? Because it could be quite possible from a cost standpoint, that acquiring them through a stock trade, and then owning the contract, would be a cheaper way to dispose of more 50 seat flying, without the threat of a lawsuit for abbrogating a 15 year, or what's left of it, contract.

6. It amounts to a very cost efficient way to BUY-OUT a contract.

7. This raises the question: How much would it cost to do the same at Mesa at 4 cents a share? And then--POOF, vaporized!

8. Actually, the Mainline partner would only have to acquire a controlling interest--not the whole enchilada!