Holy cow, you guys and your rumors.
No, we are not losing all of our AA flying.
Yes, it seems a small amount of AA flying may be leaving (the email is not clear as to what is exactly happening there). Yes, we have 170/175s sitting idle costing money and not generating revenue that we are getting rid of. However, this is exactly what the company said we would do. Downsize the fleet to the right number of jets for the pilots we have, become stable, then grow from there.
Here is EXACTLY what the email said about it:
"On the codeshare front, we met with both United and American and remain engaged in negotiations to formalize our flying amendments with both of these partners. As discussed in prior updates, we are required to take a conservative approach to fleet management until we finalize agreements with each of our flying and aircraft partners. In that effort we are preparing to at reject up to 23 leased EJET aircraft prior to the April 25 (S1110) deadline and our market planning and operations teams have been working with codeshare partners, and specifically American, to mitigate the near-term effect of this change. It’s important to remember that the majority of these aircraft are currently idle and not producing any revenue for us"
Now, time for me to start a rumor of my own.
I predict that Republic will come to agreements with United and American (similar to Delta) and exit BK within 12 months with an all EJET fleet on 1 operating certificate still flying for the "big three".....retaining the best contract in the (regional) industry.