RAH to buy PDT?
 

Any RAH guys hear anything on this rumor? Word is that a person on that RAH board of directors is telling people that they are trying, again, to buy PDT, for whatever reason. And if so, WHY? I sure don't get it.

Comes as news to me but I wouldn't be surprised by anything from RAH at this point.

My cousin works in a pet store where a Republic board of directors member's gets his dog groomed, and his dog told my persian cat that Republic was looking to purchase Atlanta Hartsfield Airport, possibly even conduct a leveraged buyout of Atlanta itself.

i love how there is a "RAH to buy ____________" thread weekly. :rolleyes:

Aren't they out of cash yet?

Not yet, but when their Frontier and Midwest bills come due we'll see how long it lasts.

Your cat is lying. My cat was there and said your cat showed up drunk and was blabbering about some litter of kittens that was trying to get kitten support, and how he wasn't gonna pay.

Do you really think that RAH made the deal without thinking about that?

The know very well what they are getting themselves into, we are pilots and we pilot!!! The are business people and they screw!!! :eek:

Cheers:)

I'm sure there is, but this is the place to ask. Just curious what other pilots hear. When you don't feel like your airline will be around in two years, and LCC won't even comment to ease that fear, you just like to hear what people have to say on different rumors. Yes, RUMORS. That's all we have anymore.

As JB responded to me during CQ, "Who would want to buy us? We have the most senior, highest paid workforce with some of the oldest planes"

I was asking him (jokingly) if we could be bought out by Southwest. Wouldn't that be great though, a purple Dash.

barney, mesa had a couple of those.

Same questions went through my head when I heard this, but I have an idea that I know most don't agree with. 1. They don't want our planes. 2. They can't fly our routes because A) besides HHH, we don't have our own routes, we get what the RJ's don't want. B) there are already to many large RJ's flying for mainline so unless they put 50 st RJ's on them, that"s out. I just thought that with all the news out because of the Colgan accident, and the thought that regional pilots are not experienced enough, even though it would be costly, he might be interested in buying experience. If RAH keeps expanding, they are going to need more pilots and instead of hiring 1200 hr pilots, they can have 20 year captains and a large number of experienced F.O's. JUST A THOUGHT PEOPLE!. Now, i can't wait to see the replies to this!

the only way that would make any sense is if he started you all at 1st year pay.

RAH buying PDT.....now THAT is funny right there. :D



I don't think RAH will buy ANY regional....Bedford's tasted the good life now....we're going to buy Continental next.....so his dream of E190's in CAL colors will come true. :D

They still do.... And they aren't getting any prettier. :o

Not this rumor again...

OK, I will bite. While I highly doubt this rumor is true, I will play along and see what the possible outcomes and benefits may be...

RAH would get some experienced pilots.
RAH would probably be buying a stronger overall relationship with US Airways.
RAH has a Dash type fleet now, and could expand its Q' fleet to serve Airways.
RAH needs to expand the 11 airframe Q fleet or lose it...gotta justify costs.
RAH would get a number of Dash qualified mechanics, parts, and pilots.
US Airways would get cash now to help them through the bottom of this downturn.

I could see the new Dashes being moved out of the northeast to some degree, and moving out west in support of Denver and maybe PHX ops. Piedmont would be more spread out. Piedmont would probably lose some -100's, and gain some -400's.

As for financing, RAH still has a little banker friend known as Wexford Capital, who has been very helpful in expanding Bedford's business in the past. IF need be, I could see Wexford buying up a lot of stock (driving up the street price and giving them some instant return), and entering into another 10 year business relationship with RAH. Wexford was the single driving force behind converting RAH from a prop fleet to an all jet fleet, and made the first 170 and 175 acquisitions possible.

Again, this whole idea seems far fetched, but I will say that there have been a lot of rumors floating about lately to the tune of RAH buying more pieces of Airways (besides the 10 190's recently purchased). Airways is hanging in there, but sure could use cash. The 190's were good for them, but those were the only airframes that could be sold due to the minimum fleet size requirements of the Airways pilots' CBA (the 190 was the only plane not included in the minimum fleet size, and Airways had already shrunk the rest of the fleet to the contractual minimum). I would not put it past Airways to sell other planes that can still fly profitably just to raise short term cash.

You forgot...

RAH will be hated by even more pilots...

I'm pretty sure, at this point, PDT pilots would be THRILLED to be bought by RAH vs. withering on the vine as they seem to be...

which is why this wont happen. RAH mgmt only makes decisions that leave all pilots involved unhappy.

You forgot...

You're a great troll...don't be bitter you work where you do...

Has somebody else caught on to this kid's agenda?

Don't forget -- If BB keeps buying airlines, he can keep putting off integration, a new contract, and all of those grievances that are piling up. Sound impossible? So did buying two airlines in two days.

As far as buying PDT, the long and short is that there really isn't too much to purchase. Asset-wise, we have 33 owned -102's of 1984-mid 90's vintage, and the the 11 -311's are leased. Throw in spare parts, and maybe the MDT/SBY hangars. I'm sure US would want to retain the ground handling part of the business.

I'm really doubting this one, but if it were true, it really wouldn't raise that much capital for US, IMHO?

33 100s at maybe 3mill a pop would net airways let's say 100m. or airways could just continue to fly them till 2014 and scrap them for probably much less than that. 100m for planes maybe 150 for the whole flt ops may not sound like much but remember this whole dca lga slot exchange with delta was only forecast to improve airways bottom line by about 75m. so a 150m shot in the arm would surely be something they must be looking at. I think a sale of PDTs 100s is the more likely scenario. With the ground ops expanding pdt could fly just the leased 300s till 2014 and Farrow could still justify having a job long enough to get him that villa on the outskirts of the hamptons.

Did you guys see RAH's new company headquarters?

http://static.howstuffworks.com/gif/death-star-1.jpg

Totally kidding, btw. Love you RAH!

You wanna compare paychecks? We'll see who's bitter then. :rolleyes:

Flamebait and bashing. Thread closed.