Republic 1st quarter
05-05-2010 | 12:36 PM
#31
Gets Weekends Off
Joined: Jul 2008
Posts: 324
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They won't have to. As of right now the operation will fail. The only question is how much will the shareholders allow for money to be burned before they say no more to the Reverend. We all know Southwest and company have made Republic their special project because they represent a real threat with their cheap operation.
05-05-2010 | 12:37 PM
#32
2 days off
Joined: Jun 2009
Posts: 1,853
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From: Embraer Systems Analyst
Jet Blue operates as a LCC on the same equipment and they have good pay rates. Our CASM right now hovers around 8 cents. Flight crew costs only accounts for 1 cent of the total 8. Our operating cost per hour on a 190 is around $2500, aside from fuel. I believe the next highest 190 operator is Airways at around $3400/hour. They could give both seats a $50/hour pay bump and it still wouldn't hurt their bottom line. BTW, these rough numbers come from management.
05-05-2010 | 03:37 PM
#35
Gets Weekends Off
Joined: Jan 2008
Posts: 661
Likes: 0
From: A320
He forgot to mention the 80% pay cut he would take that prevents him from coming back.
05-05-2010 | 07:55 PM
#36
Gets Weekends Off
Joined: Jul 2007
Posts: 4,772
Likes: 1
From: 744 CA
Here were the choices... remain as RAH was and see mainline partners over time slowly take it all back and at some point in the future.. no more RAH... for labor thats not necessarily so bad...as those jobs move to mainline... but the company and its value end up zero.
Now BB as CEO well frankly his first responsibility is to the owners of the company to grow their investment if possible and make money. Its my opinion that BB decided to take this bold move because he was unwilling to just watch it wither away and die...and if it dies in the end so be it, but he decided to try and morph into a real airline.....only time will tell, I wouldnt totally count them out.
Now BB as CEO well frankly his first responsibility is to the owners of the company to grow their investment if possible and make money. Its my opinion that BB decided to take this bold move because he was unwilling to just watch it wither away and die...and if it dies in the end so be it, but he decided to try and morph into a real airline.....only time will tell, I wouldnt totally count them out.
05-05-2010 | 08:10 PM
#37
Che Guevara
Joined: Aug 2005
Posts: 6,408
Likes: 0
I do agree though not so bad for employees. Of course "Mainline wages" on an ERJ probably wouldn't change much but regardless it would be a great benefit if we see scope tightened.
05-09-2010 | 06:55 AM
#39
Gets Weekends Off
Joined: Apr 2007
Posts: 844
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From: B777 Capt
Don't take it too personally. My company has been on the wish list for many years. In fact our time on the wish list has been at the expense of some from your company that liked to put "guppy killer" stickers on their flight bags, deny our pilots Jumpseats on airplanes with OUR paint job on them. So please forgive us if you suffer some level of demise as you have heaped a whole load of fecal material on our pilot group since 9/11.
With hope that our merger with CO yields their scope clause. Perhaps we can see more and more of the parasitic operations disappear.
Sorry junior, it is only business. You have your new airline to go play with and I hope soon enough you guys are all devoted to that "operation" and out of ours.
L
With hope that our merger with CO yields their scope clause. Perhaps we can see more and more of the parasitic operations disappear.
Sorry junior, it is only business. You have your new airline to go play with and I hope soon enough you guys are all devoted to that "operation" and out of ours.
L
05-09-2010 | 09:58 AM
#40
Gets Weekends Off
Joined: Aug 2009
Posts: 312
Likes: 0
So please forgive us if you suffer some level of demise as you have heaped a whole load of fecal material on our pilot group since 9/11.
Sorry junior, it is only business. You have your new airline to go play with and I hope soon enough you guys are all devoted to that "operation" and out of ours.
L
Sorry junior, it is only business. You have your new airline to go play with and I hope soon enough you guys are all devoted to that "operation" and out of ours.
L
Last edited by TonyWilliams; 05-09-2010 at 01:59 PM. Reason: [edit: delete insult/flamebait]
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