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Old 08-26-2013 | 06:13 PM
  #248  
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TenYearsGone
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Joined: Dec 2009
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From: 7ERB
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Originally Posted by zoooropa
I agree that our CBA needs improvement however I am very concerned about the concept that Private Equity will be our next owner. Indigo or Persues or TPG could careless about running/owning an airline long term. Our new "owners" are going to try and squeeze this thing for every penny possible. We are in for an epic battle with some of the worst folks in the industry. Good times.
There is old book called Fountainhead. Real nice read.

Your new owners will have to understand that you are not willing to work for a discount. However, if your pilot group thinks they are paid very well and that your CBA is great, then your work is cut out.

We had a Frontier jumpseater from Denver the other day. Very smart and informative gentleman. He told us two things, that worry me.

1) He told us that a few of the Frontier Union officers,that were in charge of the Republic deal, are either on long term sick leave or in a high management position.

2) A majority of the pilots will work for less money as long as their Denver base is untouched.

You can convey a lot to a new buyer. I hope the best for you. Real nice people and product you have.

TEN
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