Thread: Compass updates
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Old 02-28-2016 | 01:36 PM
  #9518  
AlaskaBound
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From: Just another RJ guy
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Originally Posted by Tailfloatski
There's quite a bit to discuss, particularly in light of the formerly active, and now apparently dormant, rumor that we would be getting a few airplanes from Republic. There is a letter from their CEO floating around that states their Chapter 11 reorg goals. #1 on the list is renegotiating agreements with their codeshare partners that "reflect true costs of our product". What are the chances of that? If their costs are significantly higher than ours, that goal won't succeed and then we're likely to pick up some of the fallout - as unpleasant as it is to think of picking up extra work on the backs of our colleagues.

There have been people here who have scoured SEC filings etc. to guess at some of that info. Does anyone have any new insights? Esp. into our costs versus RAH? Payscales are pretty similar - the 10% difference in new hire FO pay is immaterial, they're cheap Captains are about 6%. Any ideas on longevity, lifers, etc.?
I think the only thing we will get out of their bankruptcy is some of their junior FOs who can afford to bail and come here. Besides that don't bet on any planes.