While it is a popular pastime on APC to speculate about the imminent demise of RAH, remember it is only that... speculation. The facts are not quite as grim.
The biggest issue RAH was facing during last year were FO retention. This led to the mass cancelations and reduction of flying. This problem has been largely mitigated with the new contract. At its worst, RAH was losing on average of 50 pilots a month, mostly FO's making lateral moves. Attrition has been seriously reduced, last months numbers showed a net loss of only three pilots, nearly all captains or FO's leaving for majors or LCC's.
Morale here has improved a lot under the new contract. With the new pay rates, premium pay for open time pick ups and over 87 hrs block, long call reserve and proactive pickup, min day and trip/duty rigs; people are significantly happier here than before. In no way is it a dream job, but it is much better. Being able to pay your bills and have something leftover is a good feeling.
As far as bankruptcy, again it's all forum speculation. Many on here point out the stock price as an indicator of failure. However, many at RAH think that the executives are using the price as leverage while re-negotiation the terms of their CPA's. It's all perspective.
While RAH isn't perfect, it is getting better. Use the facts in front of you, and make up your own mind.
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