Originally Posted by
dawgdriver
http://www.bizjournals.com/chicago/news/2015/08/18/republic-airways-puts-it-all-on-table-at-big-labor.html
This should be interesting: 8 years of screwing around and now Republic wants a deal. Must be their stock plummeting to less than a quarter of its value in a year BECAUSE OF PILOT SHORTAGES. Best of luck to the Republic guys and my former colleagues at Allegiant.
ouch - Republic stock price has fallen a lot in past 6 months, major shareholders probably screaming at company management to do something. That news article said starting pilot pay at Republic was about $22,000. That works out to around $18 per hour before taxes, if they get 100 hours per month. And of course they also spend non-flight time related to the job. (or is that bad math??)
I've talked to more than one parking valet in Las Vegas that makes considerable more than that, just parking cars for people.
Republic 6 month stock chart.JPG