Where Mesaba goes, Pinnacle Follows

[Detroitpilot22]

All interviews have been postponed "for a couple of weeks"
The downward spiral begins

 

[Workin'Stiff]

Not from what I've heard... We're still interviewing and hiring into the CRJ. Avro classes are on hold for a bit though...

 

[Detroitpilot22]

read the post, i was referring to pinnacle, not mesaba

 

[BoilerUP]

I got an email 2 days ago from Pinnacle inviting me for an interview this week or the next. Have not heard anything to the contrary yet...

 

[another cfii]

PCL is still hiring, according to mgmt today...

 

[Detroitpilot22]

i had a buddy that was supposed to have an interview tomorrow, and they called him and told him that interviews were postponed for 3 weeks. I hope he was wrong

 

[8HourPilot]

Recently got a call as well.......from 9E that is.

 

[SennaP1]

Recently got a call as well.......from 9E that is.

Congrats 8HP, how are things going?

 

[Redmeat]

http://www.thestreet.com/_googlen/markets/rosssnel/10243560.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA



"Because Pinnacle's only customer is Northwest, it warned in a regulatory filing Friday that the interruption in its cash flow will be material. Helane Becker, airline analyst at the Benchmark Co., a New York-based brokerage firm, expects Pinnacle shares to remain under pressure because of the company's now-murky outlook. Her firm does no investment banking."

 

[blesko]

just spoke to ms high in HR and they have suspended ALL interviews indefinately. I received the same e-mail just a few days ago, however, as of 10 mins ago, the interviews are suspended.

 

[Detroitpilot22]

did she give you a reason why?

 

[PeanuckleCRJ]

Man I was down at corporate today..they were interviewing. No word of this. Weird how even in the middle of everything word doesnt get out.

 

[cosmotheassman]

did she give you a reason why?

Northwest just filed bankruptcy and you want to know why hiring has been suspended at Pinnacle?

 

[Redmeat]

did she give you a reason why?

Northwest just filed bankruptcy and you want to know why hiring has been suspended at Pinnacle?

Look at his profile. Let's give Detroitpilot22 a break, as he knows not the ways of the world.

 

[8HourPilot]

Doin good man, you still out in LGA? I am enjoying ORD....till the snow falls.

 

[blesko]

did she give you a reason why?

no, nor did i ask, she seemed very shory, but yet still personable enough to take my call this afternoon. who knows.....time will tell i guess

 

[arthompson]

according to PT we are still hriing pilots. We want to keep bringing guys on line to cover our attrition.

 

[TinGoose1]

I'd be careful about going to Pinnacle for two reasons. First, they're scary. Second, without a good cash reserve the NWA filing is going to hit 9E extremely hard. If you add the contract situation as well, you can paint a pretty gloomy picture. I'd go somewhere else or stay where you are. Right now isn't the time to leave a job just to get furloughed.

 

[Workin'Stiff]

Does 9E have any money stashed away as compared to XJ with our ~120 mil???

 

[TinGoose1]

No. 9E has no real assets or cash savings. When they get pinched, everyone there is going to feel it.