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Old 07-04-2012, 08:32 PM
  #41  
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Originally Posted by FlyingKat
Hmmm.....sounds like what I used to hear from my buds at Comair 6 years ago. It went something like "Delta spent 1.8 BILLION on us so there is no way they would want to lose their investment......"

73 million is chump change when you look at a long term contract for these 900s. They will take the loss, send the contract to somebody cheaper, and tell all those surplus pilots to go apply there if it makes more money for mother Delta.
73 million is the cost of 1 new 737 MAX. I do not consider that an investment. It is an investment to prevent a giant gaping hole in your system, which would happen if the carrier you contract 1/3 of your flying out goes Tango Uniform. Which 9E would have done without its DIP financing.
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Old 07-04-2012, 08:34 PM
  #42  
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Spot on, flyingKat.
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Old 07-04-2012, 08:52 PM
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Originally Posted by Fly782
73 million is the cost of 1 new 737 MAX. I do not consider that an investment. It is an investment to prevent a giant gaping hole in your system, which would happen if the carrier you contract 1/3 of your flying out goes Tango Uniform. Which 9E would have done without its DIP financing.
Exactly. That 73 million bought DL time to figure out what they want to do with 9E. It has nothing to do with future flying.
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Old 07-04-2012, 08:55 PM
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Originally Posted by sandlapper223
The most brilliant post award goes to? I'm amazed, and grateful. Thank you for setting the industry straight. We are all completely educated now. Thank you.
Thanks for the plug
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Old 07-04-2012, 08:57 PM
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Not only that but Delta did the DIP financing for pinnacle. The other debtors filed suit against delta to stop them from providing the financing to pinnacle because it gave them an unfair advantage. They had a meeting with the other debtors and they withdrew their objections which allowed delta to provide that financing with out further court costs or delays. What were they told that caused them to withdraw?
The were probably told they have two choices. Stop Delta from providing financing and this goes straight to a Chapter 7 liquidation and you get bumpkus. Let the Delta financing go through and it goes to a Chapter 11 and you may get some of your money back.

Once again, its all about the moohlah.
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Old 07-05-2012, 02:17 AM
  #46  
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Originally Posted by Fly IFR
Shouldn't you and your union be fighting for higher pay for the larger responsibility of carrying more souls on board? Isn't that how this game works? Bigger plane = bigger pay, right?
the pay scales are already in line.

they aren't the highest, but they're there. there's nothing to fight for, or even discuss until the cba expires.
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Old 07-05-2012, 04:22 AM
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Originally Posted by PBSG
Dude, you make it a shinier RJ! A new coat of wax to see your blonde highlights! Imagine that picture of you next to a HUGE jet, holding up deuces on your Facebook page! That fat girl you knew from high school that you've wanted to get IN since spanish class will be all like "Damn, dude flies a shiny jet! Haven't seen him since BEFORE he left for Daytona Beach! I've gotta jump on that before THE other women and LOCK that down before some other chick does! "
Underrated post. IN case you forgot, BEFORE you do that, you'll have to flash THE big shiny watch you bought. Then you'll have it on LOCK down.

Thing is, trying to figure out what Delta will do is like trying to nail jello to a wall. It doesn't make sense and it will never work the way you were hoping. Delta can and will do whatever they want to do. They hold the cards. Delta has wanted to be rid of 9E since 2008. Since they couldn't get out of the ASA when they tried to, and 9E kept *barely* meeting the performance metrics, they forced them into BK. Given the near total change in management (and not for the better, I hear), there are bound to be operational issues that will ultimately affect the longevity of the ASA. If DL gives 9E any of the 900s at all, it will be under their firm control and at such a low rate you won't want it anyway. I think this train has sailed, ladies and gentleman.
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Old 07-05-2012, 05:29 AM
  #48  
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Originally Posted by memphisbelle
Underrated post. IN case you forgot, BEFORE you do that, you'll have to flash THE big shiny watch you bought. Then you'll have it on LOCK down.

Thing is, trying to figure out what Delta will do is like trying to nail jello to a wall. It doesn't make sense and it will never work the way you were hoping. Delta can and will do whatever they want to do. They hold the cards. Delta has wanted to be rid of 9E since 2008. Since they couldn't get out of the ASA when they tried to, and 9E kept *barely* meeting the performance metrics, they forced them into BK. Given the near total change in management (and not for the better, I hear), there are bound to be operational issues that will ultimately affect the longevity of the ASA. If DL gives 9E any of the 900s at all, it will be under their firm control and at such a low rate you won't want it anyway. I think this train has sailed, ladies and gentleman.
Everybody has been concentrating on pilot attrition and a lot of people have missed the fact that 9E is losing the competent people in flight operations to FEDEX. FEDEX hired a couple of managers last fall in scheduling, and since that happened all of the good ones have been bailing for FEDEX and some to mainline. Heard flight ops has been a cluster lately. I know of 6 very good people that have left scheduling and sector supervisor positions since March, and these were key people that fixed the screw ups and generally kept the place going. From what I hear everybody there thinks HQ is going to MSP, so expect more to bail over the summer.
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Old 07-05-2012, 06:13 AM
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Originally Posted by Squawk_5543
Funny...I thought the same thing when I went to Mesaba years ago.
Ya, like 20 years ago. It was a stepping stone then, then stuff happened. The rest is history.
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Old 07-05-2012, 06:37 AM
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Originally Posted by FlyingKat
Exactly. That 73 million bought DL time to figure out what they want to do with 9E. It has nothing to do with future flying.
Really??? Delta has had most of this planned out since before the gave Mesaba to Pinnacle. This bankruptcy is planned. It's the quickest and most efficient way to achieve the cost metrics they are after. Now it's up to Spangers, and the bankruptcy system to finalize everything. I believe it has everything to do with future flying. If Pinnacle is successful, and I believe they will be, in once again lowering the bar, the whipsaw leverage it will provide in the future will be huge
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