Any "Latest & Greatest" about Delta?
The first thing that struck me is why Delta would in Pinnacle's Bankruptcy proceedings extend the 50-seater contract from 2015 to 2022.
That leads to thinking Pinnacle is the sacrificial lamb.
If Pinnacle is the sacrificial lamb and their CRJ200 operation is bound to be eliminated, we would go from 343 to 200 CRJ200 just like that.
That's what Mesa did in Bankruptcy, going from 130 to 76 and eliminating all CRJ200 except for the six in Hawaii for go!
Cheers
George
That leads to thinking Pinnacle is the sacrificial lamb.
If Pinnacle is the sacrificial lamb and their CRJ200 operation is bound to be eliminated, we would go from 343 to 200 CRJ200 just like that.
That's what Mesa did in Bankruptcy, going from 130 to 76 and eliminating all CRJ200 except for the six in Hawaii for go!
Cheers
George
Good answer.
Gets Weekends Off
Joined APC: Sep 2007
Position: B737 CA
Posts: 1,518
The first thing that struck me is why Delta would in Pinnacle's Bankruptcy proceedings extend the 50-seater contract from 2015 to 2022.
That leads to thinking Pinnacle is the sacrificial lamb.
If Pinnacle is the sacrificial lamb and their CRJ200 operation is bound to be eliminated, we would go from 343 to 200 CRJ200 just like that.
That's what Mesa did in Bankruptcy, going from 130 to 76 and eliminating all CRJ200 except for the six in Hawaii for go!
Cheers
George
That leads to thinking Pinnacle is the sacrificial lamb.
If Pinnacle is the sacrificial lamb and their CRJ200 operation is bound to be eliminated, we would go from 343 to 200 CRJ200 just like that.
That's what Mesa did in Bankruptcy, going from 130 to 76 and eliminating all CRJ200 except for the six in Hawaii for go!
Cheers
George
So yeah, that takes you down to 199 50-seaters. Subtract Comair's 16 remaining CRJ2s and the 24 Chautauqua E145s (short term contract) and you're at 159 airframes. They'll easily convince Jerry Atkin to give up 34 CRJ2s in exchange for maybe 20 CRJ9s, and that leaves 50 jumbo RJs to pimp out to the cheapest bidder - perhaps even a newly lean Pinnacle Airlines fresh out of BK.
The really interesting thing of all this is that most of it could easily be done, if the company were so inclined, without scope relief. Comair and Chautauqua airplanes can be parked without breaking CPAs or eating leases. Bombardier would gladly eat the Pinnacle CRJ leases in exchange for a C-series order, to be flown at mainline. That takes your 50-seaters down to 159. The company could solve its 50 seat problem without needing the pilots' help. In my opinion, needing the extra 76 seaters to be able to park 50 seaters is a red herring. Wanting to outsource more 76 seaters was the real impetus for the TA. The fact that these talks suddenly kicked into high gear as Pinnacle went into bankruptcy is not a coincidence, in my opinion.
In an alternate universe where Delta actually prefers to have its own pilots fly its passengers, here's how this goes down. Delta parks Comair and Chautauqua's birds, and gets Bombardier to take back Pinnacle's 144 CRJ2s in exchange for a 70-airframe C-series order to be flown at mainline. This reduces DCIs fleet count to 159+102+153= 414...with far fewer ASMs than present, and significantly less than under the TA. Mainline grows by 70 C-series plus 88 717s, offset by the remaining DC9s and some older 88s/757s. Mainline-DCI block hour ratios would be well over 2:1.
The possibilities are fascinating, if management wasn't hopelessly addicted to the outsourcing crackpipe (or if others would quit enabling them).
Or guys realize they can take a three year "extension" now and be back at the table for nothing in 3 years with an extra $60,000 in their pocket and a DCI fleet that's hundreds of aircraft smaller. Do you think that the economic environment in 2015-2016 will be so much better that you can get 35/5/5/5? I'm gonna be if this thing doesn't pass because I'll look at every no voter like he selfishly stole my $60,000. And I want my $60,000. I just hope that when it does pass you all see the error in your ways and work on some unity rather than your current disingenuous behavior.
I guess you'll have to be mad at me too. I'm a no voter. There are too many holes (if I, as a non-lawyer, can find them then a lawyer can really poke some holes in some of this language. I have had to write and sign some contracts with/without lawyers and there are some amazing lessons to learn). If this passes, I won't be bitter and I will be praying for the upside (lots of retirements, positive AEs, lots of mainline growth, etc). Right now, if this is the best we can do given the economic state of DAL and their desire for a new contract then our business is in pretty sad shape (or our NC and MEC did a pretty poor job - my personal opinion).
Gets Weekends Off
Joined APC: Mar 2008
Posts: 2,919
Or guys realize they can take a three year "extension" now and be back at the table for nothing in 3 years with an extra $60,000 in their pocket and a DCI fleet that's hundreds of aircraft smaller. Do you think that the economic environment in 2015-2016 will be so much better that you can get 35/5/5/5? I'm gonna be if this thing doesn't pass because I'll look at every no voter like he selfishly stole my $60,000. And I want my $60,000. I just hope that when it does pass you all see the error in your ways and work on some unity rather than your current disingenuous behavior.
Or guys realize they can take a three year "extension" now and be back at the table for nothing in 3 years with an extra $60,000 in their pocket and a DCI fleet that's hundreds of aircraft smaller. Do you think that the economic environment in 2015-2016 will be so much better that you can get 35/5/5/5? I'm gonna be if this thing doesn't pass because I'll look at every no voter like he selfishly stole my $60,000. And I want my $60,000. I just hope that when it does pass you all see the error in your ways and work on some unity rather than your current disingenuous behavior.
Not cool.
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