Originally Posted by
SmitteyB
You guys have got to relax. RAH isn't going anywhere.
I agree this is a huge push by BB and the RAA to get relief from 1500 hour rule. This creates massive publicity and allows BB to go to the aviation subcommittee and and say- we are about to put 7000 employees out of jobs.
Let's relax, breathe, and understand that RAH has long term CPAs which can be used as collateral to borrow against. As well as the equity in already owned EJETS.
You are underestimating the situation. Maybe they're playing games maybe not, but RAH will fail. It will happen. It must happen. 1/3 of all airline pilots will soon be retiring, there isn't enough pilots to fill that void.
RAH will be one of the first simply because they are not wholly owned.
This is happening.