View Single Post
Old 12-04-2013 | 11:39 AM
  #1065  
sqwkvfr
Line Holder
 
Joined: Sep 2006
Posts: 928
Likes: 2
Default

Originally Posted by Moonwolf
I didnt know having a good contract and getting paid was a risk. Hey didnt RAH make it on forbes top ten most likely to go bankrupt in the next 5 years?
Nope. It was some internet blog and is was supposed to happen 'in the next 12 months.'

I believe that was two years ago.

RJET, without the ability to pass Frontier's losses and operating costs on to the FFD side via, among many other things, pro-rate contracts with itself, will be at least a $25-35 million dollar a quarter winner, even with an industry-leading pilot contract.

I think that this is why the company is suddenly so hot to lock the pilots into a new CBA....they don't want us to see the books of a Frontier-free quarter.

An RJET bankruptcy should be the last thing on anyone's "worry list."

Now, don't mistake my rebuff of the bankruptcy notion as an endorsement of RJET for employment. It is not a good place to work.
Reply