Drying up? You just don't get it, do you? Your desires vs. what will actually happen are miles apart.

 

Thats a farce. WN has been expanding quite rapidly in DEN and would be doing so whether F9 was still a standalone company or owned by RAH. And they are both competing against UAL.

 

Perhaps I don't, or perhaps you don't. Take a look at some of the most recents CPA's. XJT and UAL just signed one. It wasn't for 5 years, it wasn't for 10 years, it was for 2 years with options for extensions. Maybe it's an exception to the rule, maybe it isn't.

Only time will tell which one of us is correct.

 

Duck, Republic is very low on cash and a few quarters of pressure by Southwest/Airtran could cause big problems.

We will see if BB has is Ducks in a row.

 

Not to mention we are leveraged to our eyeballs and BB has never run a real airline. Just a wet leasing pretend airline. Less than 50/50 odds of survival and not because of outside pressures. That is just considering the ineptitude of our management and back office staff. Time to dust off the resume....again.

 

A few stats on RJET.

As of Dec 31,2009
1.6B annual revenue
157M cash
2.8B debt

good margins and cash flow FOR NOW...but this is the airline biznez. Good luck.

 

Dec 31, 2009 Rjet had just over $350m cash up from $148m from the prior quarter.

RJET: Balance Sheet for Republic Airways Holdings, Inc. - Yahoo! Finance I think your numbers might be from the prior quarter.

My point was that RJET does have a current advantage compared to others in the past which we all know is the fixed fee flying. Hopefully it can help continue to absorb the numbers of branded until everything is ironed out.

 

Low on cash because they bought two airlines last year? BB is gambling, but only time will tell if he gambled wisely or foolishly. If the economy turns around he'll be making other people look foolish.

 

I think everyone is missing the key point here. Forget the name, forget the equipment, the big question is what kind of pay rates and QOL provisions can we expect from the new contract post SLI?

That's everything right there! Up until now I've made it a point not to judge or criticize our brothers at RAH for any of what Bedford has done (good, bad, or otherwise). However, the ball is now in their court, and that of the Midwest and the Frontier guys as well. If the end result is a sub par contract, then believe me, I'll be the first one cheering for the demise of the new and improved Frontier. If it turns out to be a leading industry contract, then we should all be happy, as that will be ground zero for future negotiations.

People obsessing over whether or not RAH will be around in a few years, is a bit ridiculous. I don't particularly care for Lorenzo Jr. or his tactics, however, what's done is done, and even in a worse case scenario some form of RAH will still be around for years to come. Instead of complaining about it, why not hope that those guys (particularly the Midwest guys) get a fair integration, and that the new Frontier has an industry leading contract?

The rest, really is irrelevant at this point. Why don't we wait 'til all the chips are down before calling it?

 

No, like you, I was just quoting Yahoo...just a different page.

RJET: Key Statistics for Republic Airways Holdings, Inc. - Yahoo! Finance

I do agree that the branded flying will keep RAH afloat. The key is IF there will be branded flying after the contracts are up. Counting on Daddy Delta or Pappa United to tell you where and when to fly while they cover your fuel, landing fees, and reservations is not running an airline. Buying Frontier and Midwest was a desperation play as much as anything. All those RAH jets with no place to fly after the FRNT bankruptcy rejection. Mokulele did not work out so good. Can BB pull it off? Good question. But he can't keep paying you $35 an hour for flying right seat in a jet forever. RAH's costs are going to go up which will not help. I don't see this ending well for you, Duck. I think your safe for a few years, but....time will tell