Pinnacle news this week....

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06-08-2008, 10:35 AM

#171

ebl14

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Joined APC: Jun 2007

Position: 73N

Posts: 862

One of the main reasons conpass pilots didn't get NWA senority numbers was beacuase NWA was still hiring along with compass. So you would have pilots hired at NWA being junior to pilots at compass... who would agree on that?

06-09-2008, 06:30 AM

#172

ebl14

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Joined APC: Jun 2007

Position: 73N

Posts: 862

Back on the origional topic... today is the day! Any news yet?

06-09-2008, 06:34 AM

#173

ATL9E

Line Holder

Joined APC: Jun 2008

Position: CR9

Posts: 26

Today is the day? Where did you find out an announcement is coming today?

06-09-2008, 06:35 AM

#174

Past V1

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Joined APC: Oct 2006

Position: Home with my family playing with my daughter as much as possible

Posts: 591

Quote:

Originally Posted by ebl14

Acutally...there is ONE among you at Compass that has their NWA seniorty number...I know for a fact...used to fly with the guy....

06-20-2008, 01:16 PM

#175

RJ85FO

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Joined APC: Sep 2005

Position: Lots and Lots of Days Off

Posts: 586

Quote:

Originally Posted by Airsupport

oh yeah.. we went from 24 million cash in the bank at the end of last year, and now we have a little over 100 mill in cash right now. but like pinnaclefo (CA) said, they just dont want to share any of it with us.

With $100 Million in the bank, why is $20 Million more necessary?

http://www.bizjournals.com/memphis/s...l?ana=from_rss

06-20-2008, 01:35 PM

#176

Airsupport

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Thread Starter

Joined APC: Jan 2007

Position: CRJ

Posts: 2,356

Quote:

Originally Posted by RJ85FO

With $100 Million in the bank, why is $20 Million more necessary?

http://www.bizjournals.com/memphis/s...l?ana=from_rss

whats funny is we are wondering that too.one guy on our pilot board said that was just to cover his retro check. not sure what they need the additional money for but they are up to something. we aren't hurting for money according to the last report (which is less than a month old). so yeah, something is up.

06-20-2008, 01:51 PM

#177

Silver02ex

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Joined APC: Sep 2005

Posts: 1,735

Quote:

Originally Posted by RJ85FO

With $100 Million in the bank, why is $20 Million more necessary?

http://www.bizjournals.com/memphis/s...l?ana=from_rss

for my retro check?

06-20-2008, 02:09 PM

#178

mooney

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Joined APC: Jan 2008

Position: CL-65 captain

Posts: 2,244

This is pinnacle management. Borrowed money is a debt. They are doing it so they can run to the arbitrator and say, "look, we are $20 mil more in the red, we need concessions!"