Cincinnati-based Comair will close its doors at the end September, and nearly 2,000 people will lose their jobs as a result. Granted, the reasons for the airline’s demise might not matter much to them, but perhaps an examination of the forces that led to Delta’s decision to shutter its subsidiary will prepare others for a similar fate.
Bankrupt Pinnacle Airlines suspended negotiations over pay concessions with its unions while it “reformulates” its business plan in an effort to issue a more competitive contract offer to mainline partner Delta Air Lines, according to a June 22 letter sent by CEO John Spanjers to all employees.
Made public in a filing with the Securities and Exchange Commission, the letter said that Delta told Pinnacle management that its competitors had submitted bids for Bombardier CRJ900 flying that undercut Pinnacle’s current rates by a “significant” margin.
Last week’s vote by Delta Air Lines pilots to accept a contract proposal forged between their Air Line Pilots Association unit and airline management could carry implications for a vital subset of the industry.
The scope clause language in the tentative settlement reached between the Air Line Pilots Association and Delta Air Lines in May at first looked like a positive development for all involved.
Indianapolis-based Republic Airways has agreed with United Airlines to fly the 28 Bombardier Q400s that bankrupt Pinnacle Airlines plans to return to its lessors, Republic announced Monday.
Current Pinnacle Airlines COO John Spanjers will replace Sean Menke as chief executive of the Memphis, Tennessee-based regional airline group on June 1, Pinnacle said in a statement issued Thursday. Menke, who, according to Pinnacle, has chosen to resign from the company, has agreed to help with the leadership transition over the next five weeks.
Memphis-based Pinnacle Airlines filed for Chapter 11 bankruptcy protection on April 1, marking the start of a process in which it plans to “wind down” all its United Airlines turboprop flying, including its Colgan Air Bombardier Q400 operation.
The FAA proposed levying a civil penalty of $153,000 on Colgan Air last month for allegedly operating 17 flights without giving pilots or flight attendants the required minimum amount of rest.
Export Development Canada (EDC) has agreed to defer $16.6 million worth of loan payments for the fleet of Bombardier Q400 turboprops operated by Pinnacle Airlines subsidiary Colgan Air, a Pinnacle filing with the Securities and Exchange Commission revealed in late January. According to the document, the EDC agreed to defer payments and withhold any “enforcement action” from January 14 through March 31.
All 41 Bombardier CRJ900s and 19 Bombardier CRJ200s flying with Mesaba Airlines as Delta Connection on January 4 moved to the Pinnacle Airlines certificate, marking a “huge milestone” in Memphis-based Pinnacle’s efforts to shed one of its three operating certificates. Although Pinnacle Airlines Corp.