PNCL Files Chapter 11

[Cav]

Not suprising. These low fare wars is whats causing it IMO. The airlines need to get real, and charge a ticket price that it actually costs to run an airline.

Actually quite the opposite is happening and has been for some time now.

http://www.usatoday.com/money/indus...in-raising-fares-blames-fuel-costs/53789492/1

 

[BE19Pilot]

Keep in mind that as a part of a Ch. 11 proceedings, the remaining CRJ-200 operation could be significantly reduced also...This is going to be a train-wreck as it unfolds, and can't wait to hear mgt tell us this all could have been avoided if we took a paycut. To expound on this further, it is disgusting that our senior mgt. team has not shown leadership by refusing their own pay increases. With the "aggressive" restructuring I'd say an out-of-seniority furlough is inevitable...

 

[jtrain609]

Looks like some of the flying they are shedding though is pro-rate and EAS. The Q400 and 16 -900's are complete management screwups though.

That was on the way our prior to bankruptcy.

 

[mastermags]

 

[B200 Hawk]

I made the wrong choice. I should have gotten into management.

Or a real degree after learning what the "airline" lifestyle truly is. Was never naive about it, I just never asked questions!

 

[RightSeatGirl]

Sorry to hear this guys. Good luck to all of our brothers and sisters effected.

 

[Kingairer]

ANy thruth to the rumor that is it exactly 1 yr and 1 day since one of the former managers deplyed his golden chute and now is free in clear since its over a year?

 

[v1valarob]

ANy thruth to the rumor that is it exactly 1 yr and 1 day since one of the former managers deplyed his golden chute and now is free in clear since its over a year?

Effective March 24th

http://atwonline.com/airline-finance-data/news/pinnacle-ceo-philip-trenary-stepping-down-0315


Sent from my iPad using Tapatalk HD

 

[SoonerAv8r]

God I'm so sick of reading this ignorant retoric from all these airlines. They tell the media and the consumer that times are tough due to fuel prices while telling labor its due to wages. All the while they stick it to the consumer and labor so management can have their hefty bonuses and then hide under the veil of bankruptcy. Congress needs to pass a "No Profit - No Bonus" law for corporate executives and we would stop seeing this retoric as much.
---END RANT

 

[sherpa]

The bloch award will be followed. I'm assuming this means that many almost all cjc pilots will be on the street.

 

[SmitteyB]

He said no out of seniority furloughs.

 

[upup89]

good to hear that

 

[Adler]

good to hear that

but not really

 

[upup89]

but not really

true

 

[sherpa]

right, but with the bloch award, cjc pilots will be locked out of many positions for a while no? I do feel its only fair though

 

[DL31082]

No out of seniority furloughs. They also won't say how many furloughs to expect. Looks like I'm on the streets.

 

[ctab5060X]

How many pilots are supporting the Colgan operation?

I know there are roughly 200 supporting the 16 ATL -900s

Combining those two numbers might give us an idea of how many furloughs are bound to be coming down the road.

 

[SmitteyB]

660

 

[ctab5060X]

right, but with the bloch award, cjc pilots will be locked out of many positions for a while no? I do feel its only fair though

How? Most of the Captains are senior enough to bid over to the 9E -200 (with its pathetic excuse for a ratio). Colgan captains bid the -200, 9E guys get screwed again...

 

[sherpa]

What am I missing here? by abiding by the bloch award, will many cjc guys be locked out?