Originally Posted by
mcleach71
3/25 RW FO's moved into S5 training effective 4/24, keeping 3/25 seniority. All 4/21 FO's terminated. All other classes cancelled.
I was scheduled for a May class. They're putting everyone, including 4/21 guys i am told, into a pool and will award class dates based off of interview dates. They're hoping to resume classes in July or August. They are having to close the DEN base due to losing Frontier and find new homes for 150 or so pilots before they take on new hires. They're also losing 15 or so airframes. They're planning on selling these or placing them under a different carrier. They have said though that they're NOT going to start a branded operation.
This is just a really tough time as you can already tell. Delta and NWA recently reported a combined 10.5 billion dollar loss. About 6.5 of that comes from Delta. United reported over a 500 million dollar loss recently. US Airways also just posted a 236 million dollar loss. Continental reported an 80 million dollar 1Q loss. All of these airlines of course are carriers that Republic flies for.
It seems that Republic is trying to be very proactive about this whole deal, so I'm still pretty optimistic that classes will resume this summer. The good news is that they still need people. But then again, everyone is losing an arm and a leg right now due to high oil prices. I noticed just recently too that my plan b's have stopped hiring for the time being.