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Republic Airways buying Compass Airlines
I just got a call from a flight attendant who said they announced to the Republic Airlines Crews that they were buying Compass Airlines. This announcement was supposedly made on friday.
Any Republic people heard anything about this? According to some Compass pilots they said Compass cannot be sold. looking for some confirmation here. |
Never believe a rumor from a flight attendant. Never believe one from a pilot either.
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An FA? You shouldn't believe all rumors and from an FA to boot. With that being said I see the possibility of bankruptcies, mergers, and acquisitions in many industries not just aviation (Insert a voice of sarcasm).
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Originally Posted by Tiger2Flying
(Post 578775)
With that being said I see the possibility of bankruptcies, mergers, and acquisitions in many industries not just aviation.
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Originally Posted by cpatterson19
(Post 578769)
I just got a call from a flight attendant who said they announced to the Republic Airlines Crews that they were buying Compass Airlines. This announcement was supposedly made on friday.
Any Republic people heard anything about this? According to some Compass pilots they said Compass cannot be sold. looking for some confirmation here. |
Originally Posted by Tinpusher007
(Post 578779)
Im guessing you are joking?
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Originally Posted by cpatterson19
(Post 578769)
I just got a call from a flight attendant who said they announced to the Republic Airlines Crews that they were buying Compass Airlines. This announcement was supposedly made on friday.
Any Republic people heard anything about this? According to some Compass pilots they said Compass cannot be sold. looking for some confirmation here. |
You know...sometimes when I have a cold I say "Emery Board" like "Thomas Kincaide"
Just thought you would like to know that. What about Repubic? |
Originally Posted by EmbraerFlyer
(Post 578785)
Here we go again.
LMAO....tell me about it. I think in this industry we get the best rumours and jokes. I could right a book on all the rumours I hear everyday. Tip.....never believe it till it happens and the signing is complete. |
I heard a rumor that APC message boards have factual information.
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Originally Posted by cyrcadian
(Post 578792)
I heard a rumor that APC message boards have factual information.
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Reminds me of the rumor that Republic was buying PDT...that lasted a good week and a half. 2 rules for aviation: don't follow the price of oil, and don't listen to rumors!
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Yea RT
i heard a rumor that Cape Air is buying Continental Micronesia ops!!!!:D:D:D
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I just spoke to one of our Compass FA's that said our company is going to begin cloning pilots in an attempt to save money on flight crews in the future. Is this true? Please do not kill the sender, "a flight attendant told me" and apparently I did not apply any common sense... so here I am.
Ok, in all seriousness, the majority of my buddies over at RAH have plenty of common sense so is this just an isolated case from one pilot? Maybe this person is from the media with plenty of time on their hands? Wolf Blizter is that you? |
Originally Posted by UnlimitedAkro
(Post 578860)
I just spoke to one of our Compass FA's that said our company is going to begin cloning pilots in an attempt to save money on flight crews in the future. Is this true?
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Originally Posted by ToiletDuck
(Post 578864)
No. They were considering it however after seeing the much shorter lifespan of clones they realized the training costs would be much higher.
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Reminds me of walking down to a flight in MCO (flying the ERJ for Delta Connection) when a Comair gate agent stopped me in the hallway and insisted the Comair Ops Supervisor had just been told by his manager that Republic had bought Comair and would be announcing it the next morning.
Like others have said...until you see the press release... |
Forget all the hype about stapling Compass. It's a two way pipe dream to give Compass Pilots a Delta seniority number and mainline getting a "little " scope back. Too many look at the situation through their own rose colored glasses - not how management looks at it.
How does Delta gain the most ? A significant Delta furlough down to Compass is unmanageable. Compass has about 332 pilots; Delta has about 12,000. If they were to furlough 10% it would displace the majority of Compass pilots (sunk training costs) and still have another 800 Delta pilots looking for employment. The training workload and associated costs would be unacceptable - especially if there were a recall with improving economy and / or purchase of new aircraft. Compass is a good “cash cow” if Delta has need of $$$$ to purchase new aircraft. Compass routes could easily be picked up by Mesaba, Pinnacle and ASA. (From a 1/02/09 Post) The economy is bad but there are always buyers out there if the price is right. Attempts to leverage stapling may speed up the selling efforts |
Originally Posted by Ftrooppilot
(Post 579046)
Forget all the hype about stapling Compass. It's a two way pipe dream to give Compass Pilots a Delta seniority number and mainline getting a "little " scope back. Too many look at the situation through their own rose colored glasses - not how management looks at it.
How does Delta gain the most ? A significant Delta furlough down to Compass is unmanageable. Compass has about 332 pilots; Delta has about 12,000. If they were to furlough 10% it would displace the majority of Compass pilots (sunk training costs) and still have another 800 Delta pilots looking for employment. The training workload and associated costs would be unacceptable - especially if there were a recall with improving economy and / or purchase of new aircraft. Compass is a good “cash cow” if Delta has need of $$$$ to purchase new aircraft. Compass routes could easily be picked up by Mesaba, Pinnacle and ASA. (From a 1/02/09 Post) The economy is bad but there are always buyers out there if the price is right. Attempts to leverage stapling may speed up the selling efforts Also, if DAL furloughed 10%, it would require the company to reconfigure every single 71-76 seat regional jet back to 70 seats. Getting rid of the Compass flow and associated penalties is just a pipe dream for DAL management, but selling it would generate quite a bit of cash. |
Originally Posted by Schwartz
(Post 579106)
Also, if DAL furloughed 10%, it would require the company to reconfigure every single 71-76 seat regional jet back to 70 seats.
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Originally Posted by boilerpilot
(Post 579135)
No, just the 25 or however many they have that are over the original cap. Not all of them.
From section 1.B.40.e: Exception one: If a pilot on the seniority list with an employment date prior to September 1, 2001 is placed on furlough, the Company will convert all 76-seat jets for operation as 70-seat jets. |
Originally Posted by Schwartz
(Post 579106)
If Compass is sold the flow up/down (NWA LOAs 2006-10 & 14) still apply: DAL would still be paying training costs. Simply selling Compass does not relieve the company of it's obligations. If the flow is terminated, other companies can't just "fill in the gaps" because it would reduce the # of large regional jets allowed at DCI by 35.
What happens if the buyer is NOT a category I,II or III feeder carrier ? Also, if DAL furloughed 10%, it would require the company to reconfigure every single 71-76 seat regional jet back to 70 seats. Would 10% reach back to 9/1/2001 ? |
Ftrooppilot,
The point is that DAL cannot just get rid of the Compass airplanes that easily. Sure they could sell them with no penalties (unlike the NWA contract), but the flow has to remain intact. Cancel the flow, whether still owned or not, reduces the number of 76 seat jets allowed by 35 (i.e., they can't fill in the gaps with other DCI carriers). Option two would be to reconfigure 35 76 seaters of their choice back to 70 seats, otherwise they cannot be operated as Delta Connection. I believe that Airways is capped or even above for large RJs; AA, CAL, & UA don't allow the 175 at the feeders. Unless they sell them over seas they can't be used in the US. Maybe I'm wrong and RAH will turn them into more cookie monsters up in MKE. 440 or so pilots gets you to 09/01/2001 post SOC; 10% of the list gets you back to around mid 2001 for DAL and early 2000 for NWA. A. Definitions. 1. “Participating Feeder Carrier” means a Domestic Air Carrier that is a Feeder Carrier (both as defined in Section 1 B.7.a. and Section 1 B.7.c.(1) of the Agreement) that has contracted with the Company to operate Qualifying Aircraft. a. “Category 1 Participating Feeder Carrier” means a Participating Feeder Carrier that is an Affiliate of the Company. b. “Category 2 Participating Feeder Carrier” means a Participating Feeder Carrier that is not an Affiliate of the Company and that operates Qualifying Aircraft that are owned, financed, leased, or sub-leased by the Company (not including the AVRO85 replacements at Mesaba Airlines). c. “Category 3 Participating Feeder Carrier” means a Participating Feeder Carrier that is not an Affiliate of the Company and that operates Qualifying Aircraft that are not owned, financed, leased or sub-leased by the Company. Category 1: Compass, Comair, and Mesaba Category 2: ASA, Pinnacle, does Skywest own the 900s? Category 3: RAH & Freedom If you're DCI, you're one of the three categories, always. |
Originally Posted by boilerpilot
(Post 579135)
No, just the 25 or however many they have that are over the original cap. Not all of them.
Originally Posted by Schwartz
(Post 579149)
No, that's a separate LOA that basically says they can violate the large RJ cap unless they furlough anyone (in exchange for a solid interpretation of their scope). If they furlough anyone senior to September 1, 2001, zero 76 seat jets are allowed. Pre SOC this is about 200 from NWA, and 600 from DAL; post SOC it is about 440 total pilots. 10% of the DAL list is well above any of these numbers
From section 1.B.40.e: Exception one: If a pilot on the seniority list with an employment date prior to September 1, 2001 is placed on furlough, the Company will convert all 76-seat jets for operation as 70-seat jets. Schwartz is correct. There are 3 seperate caveats that effect the number of 76 seaters allowed under DCI. The first caveat came from the DAL side, and it states that if furloughs go back to a 2001 hire then ALL 71-76 seaters must be reduced to 70 seaters. He is also correct in that DAL could furlough MORE guys on the DAL side PRE-SOC before hitting a 2001 hire. This is because DAL hired 600+ guys post 9-11 as compared to NWA only hiring 150ish. The second caveat is that if the flow through is CXD the total # of 76 seaters is reduced by 35. This is whether the flow is CXD by DAL, OR by a result of Compass being sold. The third caveat was a result of a recent LOA which states that if ANY DAL pilot is furloughed then any 71-76 seater ABOVE the cap must be reduced to a 70 seater. This was the additional furlough protection that was recently obtained for the bottom 400. |
Did somebody put THC in this guy's thread?
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Originally Posted by swimbody
(Post 579420)
Did somebody put THC in this guy's thread?
Tender Loving Caltrate? The Learning Channel? T-Boz, Left Eye, Chilli? Tetrahydrocannabinol? Yeah, yeah I get it!:D |
are we still talking about this? :rolleyes:
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