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03-24-2015, 12:36 PM

B707

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Republic profitable

Hello everyone, I noticed that Republic is fourth on this list of airline profit margins. I read on this site that RAH has a very bad reputation. Is the company profitable because of how they treat employees? It is hard to believe that a regional airline has such a wide profit margin.

Rank Best Margin
1 Copa (Panama) 22%
2 Spirit (U.S.) 18%
3 Allegiant (U.S.) 16%
4 Republic (U.S.) 16%
5 Ryanair (Ireland) 15%
6 Alaska (U.S.) 14%
7 Japan Airlines (Japan) 12%
8 Aegean (Greece) 12%
9 Hainan Airlines (China) 12%
10 Delta (U.S.) 11%
11 easyJet (U.K) 11%
12 WestJet (Canada) 11%
13 Southwest (U.S.) 11%
14 American (U.S.) 10%
15 Air Arabia (United Arab Emirates) 10%

Source:
Seven U.S. carriers among the world?s most profitable airlines | Dallas Morning News

03-24-2015, 12:46 PM

NVUS

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Quote:

Originally Posted by B707

I think their data is being misrepresented by whomever you got this above chart from.

RJET Income Statement | Republic Airways Holdings, Inc. Stock - Yahoo! Finance

03-24-2015, 01:58 PM

4V14T0R

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Quote:

Originally Posted by B707

They are talking about operating profit. Our closest peer in terms of operations, customers, etc is Skywest. They're operating margin for 2014 was 0.77% while ours was 13.49%. Net Income for Skywest for 2014 was -0.75% and ours was 4.68%. Our numbers are mostly due to the aircraft operated and a very outdated contract. There's is mostly due to poor management of the ASA/ExpressJet deal (or so it seems to me).

03-24-2015, 02:34 PM

TillerEnvy

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Allegiant is at number 3. Terrible contract and they're treated like dirt. Republic is the same.

03-24-2015, 02:38 PM

TalkTurkey

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These ill-reputable companies have among the lowest overhead due to factors such as minimally-inscribed contract language. This is evident in their rather meager pay scales and work rules when compared to other operators of same category aircraft. Simply put, the eff their employees real good.

03-24-2015, 02:51 PM

spaaks

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Quote:

Originally Posted by B707

Does this include the numbers from when they owned frontier?

03-24-2015, 03:04 PM

Bob Loblaw

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Quote:

Originally Posted by TillerEnvy

Allegiant is at number 3. Terrible contract and they're treated like dirt. Republic is the same.

Yes, nothing but crap pay and crap companies on that list such as #10 Delta, #13 Southwest, and #14 American.

03-24-2015, 04:56 PM

NovemberBravo

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I'm guessing the Q has a lot to do with those numbers but that's just a wild guess.

03-24-2015, 05:26 PM

Bonanzer

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Quote:

Originally Posted by NovemberBravo

I'm guessing the Q has a lot to do with those numbers but that's just a wild guess.

The Q has been a disaster. The 170s have always been highly profitable. Plus terrible fo pay and non existent work rules. O ya and when we cancel do to weather or our mainline partner cancels republic still gets paid! But the pilots don't.

03-24-2015, 05:33 PM

#10

TalkTurkey

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Wow, if you're an FO there with less than 2 years seniority, due yourself a favor... get out of there. there are so many better airlines hiring with much better pay and rules. don't waste away at RAH.