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Old 04-03-2012, 08:18 AM
  #281  
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That Canadian article says the Q's will be transferred to another yet to be specified United Express carrier.

http://www.cbc.ca/news/business/stor...y.html?cmp=rss

So let's see, I'm going to throw out my speculative time-line. Feel free to add or omit or disagree.

Trenary resigns with a nice package on 3-24-11

In October Commutair management surprisingly and suddenly decides to wrap up years of grinding contract negotiations in a few weeks. Didn't they also manage to get a Q400 operating certificate too? I'm not sure.

Menke asks for a 60% raise while attempting to chop up pilot wages

1 year after Trenary resigns Pinnacle declares BK.

Canadian companies who want their $600+ millions mention that the Q's will be going to another UAX partner.

***. And we ants just run around while corporate bastards plan their retirements and how they will get around minor inconveniences like bankruptcies without losing their salaries, profits, or market share. Pay no attention to the man behind the green curtain. I'm all for capitalism and economic drivers for innovation, efficiency, and success, but the closed door cigar-smoking back-slapping sun-tanning sessions going on with management while people's livelihoods are on the line is over the top.
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Old 04-03-2012, 08:44 AM
  #282  
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Originally Posted by What
Yea guys!?1? What does it mean, they are ceasing operation of the Saabs by August and the Q400 by November! What does this mean to the props? Come on man. Before years end Pinnacle will be a CRJ 200 & 900 operator for Delta! It's written all over the thread and on any press release you read about Pinnacle!
I know about the Colgan Saabs and Qs going away. I'm asking about Mesaba. Does it still exist and does it still have airplanes? I'm not familiar with the details of your merger and what went where.

Chill, dude.
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Old 04-03-2012, 08:47 AM
  #283  
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I do - and you should too
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Old 04-03-2012, 09:05 AM
  #284  
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Originally Posted by Boomer
The guy in the white outfit sure got flipped around a bit.

Is driving like that even illegal in the People's Paradise of China?
That looks like a great shot if I were playing stupid zombies for droid
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Old 04-03-2012, 09:09 AM
  #285  
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Originally Posted by upndsky
I know about the Colgan Saabs and Qs going away. I'm asking about Mesaba. Does it still exist and does it still have airplanes? I'm not familiar with the details of your merger and what went where.

Chill, dude.
Maybe this will help, and if it doesn't I'll bust out the pretty pictures next... Just messing with ya!!!

Pinnacle has asked the DOT to establish an accelerated process to identify replacement carriers for the EAS markets it serves, which are currently served by Saab 340 aircraft.
The remaining Saab 340 fleet that Colgan operates for United Express will be wound down over the next several months, with these operations projected to end by Aug. 1, 2012. Similarly, Colgan’s Q400 aircraft operations will be wound down by Nov. 30, 2012.


*A simple visit to a search engine would quench your information hunger my dear friend. Ahh the joys of the internet!

On January 4, 2012, the Mesaba operation was fenced into the current Pinnacle Airlines operating certificate. In the future the Colgan Airlines operating certificate will be renamed Mesaba.
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Old 04-03-2012, 09:49 AM
  #286  
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Originally Posted by What
Hey man watch it, the mods don't like that, I agree with you but we can't call people that around here. So watch your tongue but I like your thinking
This aint no hood of JeT Careers.... Respect!
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Old 04-03-2012, 10:14 AM
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Originally Posted by CriticalMach
This aint no hood of JeT Careers.... Respect!
I do agree with you, respect each other! I do agree with his thinking but not calling the other guy an idiot! I am warning him about possibly taking points.
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Old 04-03-2012, 01:43 PM
  #288  
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Originally Posted by upndsky
For someone who isn't completely up to date with the goings on at Pinnacle, what is the status of Mesaba? I thought Colgan was going to get folded into Mesaba and it was going to be just Pinnacle flying jets and Mesaba flying props. Does this BK mean that there won't be any props left at Pinnacle?

The original plan was to move all the jets to the Pinnacle certificate and the props to the Mesaba certificate and get rid of the Colgan certificate. Due to the cost issues of starting the Q400 on the Mesaba certificate, it was decided to move the props to the Colgan certificate and get rid of the Mesaba Certificate. Then the company was going to rename Colgan Mesaba. The jets were placed on the Pinnacle certificate in Jan and the Mesaba certificate went away. There hadn't been any talk about the renaming of the Colgan certificate since December. Yesterday the company filed bankruptcy and all of the Colgan aircraft are being returned to lessors and the certificate will go away when the last Q is returned in December.
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Old 04-03-2012, 06:08 PM
  #289  
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Originally Posted by FlyingKat
The original plan was to move all the jets to the Pinnacle certificate and the props to the Mesaba certificate and get rid of the Colgan certificate. Due to the cost issues of starting the Q400 on the Mesaba certificate, it was decided to move the props to the Colgan certificate and get rid of the Mesaba Certificate. Then the company was going to rename Colgan Mesaba. The jets were placed on the Pinnacle certificate in Jan and the Mesaba certificate went away. There hadn't been any talk about the renaming of the Colgan certificate since December. Yesterday the company filed bankruptcy and all of the Colgan aircraft are being returned to lessors and the certificate will go away when the last Q is returned in December.
Thanks for the explanation. I thought Mesaba was still in play, but this makes sense.

Good luck to all you guys.
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Old 04-04-2012, 08:17 AM
  #290  
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Pinnacle’s bankruptcy underlies growing weakness of US regional carriers | CAPA

Interesting account of the timeline and factors leading up to the BK declaration, including the fact that:

Initial negotiations between Delta and Pinnacle covering DIP financing began in Jan-2012 but ended when the two carriers failed to agree on the amount of funding and pricing. Talks that eventually led to the negotiated settlement began in Mar-2012.
So the decision to declare BK was made MANY moths ago, long before numbers 1 & 2 decided to stuff their pockets full of cash.
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