Will Pinnacle be sold off?

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06-07-2012, 11:44 AM

Will

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Will Pinnacle be sold off?

Just wondering what people are speculating? Will PCL be sold after the bk is finished or will 9E be a stand alone company?

06-07-2012, 12:02 PM

Red97Vette

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Well, doesn't delta own them now? I imagine they will be sold off ASAP after bk. Delta seems to hate owning regionals... If they can't sell them, they might get dismantled like the comair boys.

06-07-2012, 12:04 PM

ebl14

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Quote:

Originally Posted by Red97Vette

Well, doesn't delta own them now? I imagine they will be sold off ASAP after bk. Delta seems to hate owning regionals...

Delta doesn't own them, they have provided DIP finiancing, so they are in the drivers seat, but they do not own the company.

06-07-2012, 12:14 PM

Red97Vette

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Oh ok, I misunderstood. Thanks.

06-07-2012, 12:29 PM

samballs

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New rule on this forum. If a thread makes you feel dumb by fourth post, thread is closed.

06-07-2012, 12:31 PM

samballs

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WILL, they can't be sold off since they are a stand alone, so do you mean will someone merge with them, or will they remain a stand alone?

06-07-2012, 01:40 PM

LoudFastRules

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It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

06-07-2012, 01:42 PM

tom14cat14

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Quote:

Originally Posted by samballs

WILL, they can't be sold off since they are a stand alone, so do you mean will someone merge with them, or will they remain a stand alone?

I think most people think that Delta bought us since they provided DIP financing.

06-07-2012, 02:48 PM

Jamers

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Quote:

Originally Posted by LoudFastRules

It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

Yes, this is true.

06-07-2012, 03:40 PM

#10

The Juice

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Quote:

Originally Posted by LoudFastRules

It's just a simple misunderstanding.

Pinnacle is NOT owned by Delta.
Pinnacle IS pwned by Delta.

Yes, this is true.

Delta owns Pinnacle without the hassles of actually owning them.

It's like a live in girlfriend. All the benefits of marriage with the ability to tap out at any time.