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Comair execs in MSP, merger with Compass

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Comair execs in MSP, merger with Compass

Old 08-28-2008, 11:48 AM
  #31  
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Originally Posted by johnso29 View Post
I'm far from jealous. I'm actually sorry that you have to fly it for that little of pay. If it got put on to a mainline certificate where it belongs, then you might actually get paid a decent wage to fly it. If each pilot groups keeps undercutting each other for SJS, you might just get your wish for those banana's and smokes.

no matter how hard you try and how much you complain about wages, the regional airline industry is what it is and if you bang your head up against the wall all day long thinking that scope is going to go back down to 19 seats. Your sorely mistaken.

But my point was this. As a pilot, not a professional commercial pilot b******* and moaning about wages/van drivers/and overnights, I have always appreciated a beautiful airplane. And the E175 is a beautiful airplane, its not sjs!!! just an appreciation for sexy lines and nice proportions.
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Old 08-28-2008, 11:57 AM
  #32  
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Originally Posted by ScaryKite View Post
no matter how hard you try and how much you complain about wages, the regional airline industry is what it is and if you bang your head up against the wall all day long thinking that scope is going to go back down to 19 seats. Your sorely mistaken.

But my point was this. As a pilot, not a professional commercial pilot b******* and moaning about wages/van drivers/and overnights, I have always appreciated a beautiful airplane. And the E175 is a beautiful airplane, its not sjs!!! just an appreciation for sexy lines and nice proportions.
Well, I hope you like being married. The way mainline jobs are disappearing because of planes like that, you're gonna be waking up next to that E170 for a long time.
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Old 08-28-2008, 11:57 AM
  #33  
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Originally Posted by ScaryKite View Post
sounds like someone is jealous!

LMAO Yeah OK, mr. E 1 seventy heavy driver
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Old 08-28-2008, 11:58 AM
  #34  
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Originally Posted by Superpilot92 View Post
LMAO Yeah OK, mr. E 1 seventy heavy driver

thats a joke, i am making fun of the E 1 triple Seventy!
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Old 08-28-2008, 12:00 PM
  #35  
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Originally Posted by johnso29 View Post
Well, I hope you like being married. The way mainline jobs are disappearing because of planes like that, you're gonna be waking up next to that E170 for a long time.

flying is my part time job, i have several other projects that make me quite a bit more money than most pilots at your average regional/major airline! Cheers!
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Old 08-28-2008, 12:07 PM
  #36  
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Originally Posted by johnso29 View Post
Pilot's don't have a say in whether a merger happens of not, unless they somehow own all of the companies stock. If you're thinking the recent NWA/DAL vote, that was only a vote to approve a JOINT contract. It had nothing to do with approving the actual merger.
They do have to ratify each pilot contract. Furthermore they also have to deal with the stock holders of NWA and Delta respectively as both of those are publicly owned and compass and comair are wholly owned airlines by those two. They would have to announce PUBLICLY their intention of any possible merger and have the stockholders informed.

Also, the fact that comair will be the only one benefiting from the merger is another reason to believe that this merger is nothing more then a rumor. Compass stands to loose a lot from a merger with a company in as bad of a shape as comair. For a merger to conclude both airlines have to benefit from the union, hence, agree to it. Otherwise the other option would be an "hostile takeover" and in this case there can not be an "hostile takeover" as neither of the companies are publicly traded.

Compass is what JetBlue was at their birth and no airline would ruin the chance of having 3 to 4 years of possible profits for the sake of another hurting airline.
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Old 08-28-2008, 12:16 PM
  #37  
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Originally Posted by macflyer View Post
They do have to ratify each pilot contract. Furthermore they also have to deal with the stock holders of NWA and Delta respectively as both of those are publicly owned and compass and comair are wholly owned airlines by those two. They would have to announce PUBLICLY their intention of any possible merger and have the stockholders informed.

Also, the fact that comair will be the only one benefiting from the merger is another reason to believe that this merger is nothing more then a rumor. Compass stands to loose a lot from a merger with a company in as bad of a shape as comair. For a merger to conclude both airlines have to benefit from the union, hence, agree to it. Otherwise the other option would be an "hostile takeover" and in this case there can not be an "hostile takeover" as neither of the companies are publicly traded.

Compass is what JetBlue was at their birth and no airline would ruin the chance of having 3 to 4 years of possible profits for the sake of another hurting airline.
What makes you think that Comair is hurting and not profitable? Comair has been making money since Delta came out of bankruptcy. You should do some research before you speak.
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Old 08-28-2008, 12:21 PM
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We are all going to get screwed during this merger....
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Old 08-28-2008, 12:27 PM
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read the next line
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Old 08-28-2008, 12:28 PM
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Originally Posted by flycrj200 View Post
What makes you think that Comair is hurting and not profitable? Comair has been making money since Delta came out of bankruptcy. You should do some research before you speak.
Comair is one of the largest CRJ 200 Operators in the world, if not THE largest. Everyone recognizes with capacity increasing it is unprofitable to operate low capacity 50 seater that are among the most inefficiency 50 seaters out there. Not only they dont have the most efficient engines but the fact that they dont have fadec increases their inefficiency by nearly 10%. Also comair has one of the oldest and highest paid pilot and flight attended groups, making their payroll a huge burden. In a competitive market with such small profit margins having such "top heavy" pilot group in a regional airline is devastating for the bottom line of any regional. Regional airlines in theory are not supposed to maintain and retain workforce longer then 4 years. In a healthy market, which we are not in, the regional workforce is supposed to flow up to the majors, keeping the operating cost of the regionals competitive. Comair doesn't have either one.
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