TurbineTime

You don't know what you're talking about, you are not an executive, market analyst or most importantly; associated in any way with RAH. Your are union leadership from one of last carriers to take concessions in a pilots market. No offense to you personally, but that last fact alone should be enough to discredit anything you say. As I recall, at this time last year envoy was in a fall that no one thought would stop, yet here you are today, apparently happy as a clam. Until bankruptcy or restructuring or a strike are actually announced, let's try and stick to the facts. The facts are, RAH pilots are actually using leverage to fight for what we deserve and the company is fighting back. Those are the only facts. So stop with the fear mongering and go back to pedaling your flow in the envoy threads.

Mjm8710

I just got a text from a friend that works at republic that said they just released them to strike. Can anyone confirm?

taf158

Not true


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sqwkvfr

To be clear, I really hope so.

That being said, "released to strike" isn't proper terminology since release leads to a 30-day cooling off period, not directly to a strike. I also don't think that the NMB would move that fast.

However, if this isn't an impasse, I have no idea what is.

Mjm8710

Disregard. He misunderstood I think and so did I.

TillerEnvy

Kudos. Good point. From what I heard, this very well may have passed if it went to vote. The lifers are afraid of what could happen and the newbies are afraid for the same reasons.

GoHomeLeg

Did you read the LBFO? All it did was try and get new guys through the door. The highlight reel looks good but guys on property know how the vague language written exclusively by company lawyers was going to be exploited by the company after it was passed.

Republic is trying to avoid bankruptcy for one very simple reason. They own their aircraft. Yes, if they declare they can reorganize their contracts but they will have a very difficult time securing financing for anything later (look at Mesa using new 175s as parts planes in IAH because they cannot secure financing on parts due to their past bankruptcy). Also, since Republic owns their aircraft they can sell them to create ancillary cash in the future.

Furthermore Republic had a subdivision of the company that acts as a financing/leasing company. In order to maintain this division they need to maintain their credit rating. A bankruptcy would greatly affect this.

Overall, I would be surprised if bankruptcy was at the forefront of managements thought process.

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Loon

It wont be considered an impasse because RAH management is "leaving it on the table" for a vote.
I believe that there should be a vote. Or we could just keep going on and on like this. I think if this isn't solved by years end, the nc should be replaced.

CBreezy

There wasn't a vote because the company willfully circumvented the union and changed things they had already agreed upon. It's not the negotiating committee's fault that the company played a media stunt to try to make the union look bad knowing they'd shoot it down.

Snickers

That was before they started cancelling flights for lack of crews. 2.5 - 3.0% profit marigins are more accurate now

Republic Airways Holdings to report pretax margins of 2.5% to 3.0% for 2Q2015 | CAPA - Centre for Aviation