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Death Spiral for Republic
ouch, maybe that BB CEO can pray his way out!
Republic Airways is in a Death Spiral (RJET, LUV & UAL) |
The current market cap is just above $140 million. Even with all of the debt RJET, or at least its pieces, is worth more than that. I wouldn't be surprised at all to see RJET bought out and then broken up. The current business plan is unsustainable. They're already drawing down in Milwaukee. Denver cannot continue to support three airlines and I don't see UCAL or SWA going away anytime soon. BB knows how to run a fee-for-departure airline but throw in those things like paying for your own fuel, marketing, scheduling, etc. and he's in way over his head.
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Well that article was encouraging. :eek:
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I just saw a re-run of that undercover ceo show the other night. Was my first time seeing it. Mr. Bedford ain't right. The fact he did such a dumb reality show for the money and profiled his massive castle like home, evangelical lifestyle, and large family that I doubt he has much time for speaks volumes. What a F'ing odd ball.
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Death Spiral? So that's why I'm dizzy all the time!!!
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Originally Posted by Fugazi
(Post 1059310)
I just saw a re-run of that undercover ceo show the other night. Was my first time seeing it. Mr. Bedford ain't right. The fact he did such a dumb reality show for the money and profiled his massive castle like home, evangelical lifestyle, and large family that I doubt he has much time for speaks volumes. What a F'ing odd ball.
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I feel for the Frontier Guys and Gals but the bunch that jumped in on Mid West flying and took our Brothers and Sisters seats, GOOD...lmao hope you enjoy watching your 190,s going back to the creditor...More of you ALPA guys need to start speaking up about this and stop hiding in the shadows worrying about moderators and the Jumpseat
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hey, on second thought maybe they'll get to take the flying from the guys on that new show PAN AM
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Originally Posted by HotMamaPilot
(Post 1059347)
Why does having a big home, large family, and being "evangelical" make one an odd ball? Or is this just an opportunity for you to insult Christians?
Many pilots have large families, but they are spread out between 3 wives, who each may live in the aforementioned "large houses," but the pilot them-self sends child support and alimony from an address in a Marina where they sneakily (yet still proudly) live on the last vestige of former luxury: a medium sized powerboat. As for the evangelical statements, asking a pilot to adopt an ideology that would have us focus our attention on another entity, while remaining humble at all times... well, that pretty much directly contradicts our nature! In conclusion, it isn't that what Bedford has/does that is wrong, its just that it may seem very strange, foreign, and perhaps unrelatable to our ilk. |
Originally Posted by duvie
(Post 1059361)
HMP,
Many pilots have large families, but they are spread out between 3 wives, who each may live in the aforementioned "large houses," but the pilot them-self sends child support and alimony from an address in a Marina where they sneakily (yet still proudly) live on the last vestige of former luxury: a medium sized powerboat. As for the evangelical statements, asking a pilot to adopt an ideology that would have us focus our attention on another entity, while remaining humble at all times... well, that pretty much directly contradicts our nature! In conclusion, it isn't that what Bedford has/does that is wrong, its just that it may seem very strange, foreign, and perhaps unrelatable to our ilk. |
Originally Posted by XJT Pilot
(Post 1059352)
I feel for the Frontier Guys and Gals but the bunch that jumped in on Mid West flying and took our Brothers and Sisters seats, GOOD...lmao hope you enjoy watching your 190,s going back to the creditor...More of you ALPA guys need to start speaking up about this and stop hiding in the shadows worrying about moderators and the Jumpseat
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Originally Posted by duvie
(Post 1059361)
HMP,
Many pilots have large families, but they are spread out between 3 wives, who each may live in the aforementioned "large houses," but the pilot them-self sends child support and alimony from an address in a Marina where they sneakily (yet still proudly) live on the last vestige of former luxury: a medium sized powerboat. As for the evangelical statements, asking a pilot to adopt an ideology that would have us focus our attention on another entity, while remaining humble at all times... well, that pretty much directly contradicts our nature! In conclusion, it isn't that what Bedford has/does that is wrong, its just that it may seem very strange, foreign, and perhaps unrelatable to our ilk. |
Originally Posted by toomanyrjs
(Post 1059380)
Karma has just about gone full circle for Republic.
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Originally Posted by thevagabond
(Post 1059414)
Not only are there too many rjs; there are too many people like you.
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Of course he would have done his job. Why is it that pilots feel they are exempt from the same market forces that affect every other business under the sun? It's curious. It's not your flying nor is it mine. It's theirs. And they can expand it, shrink it, or shut it down any time they want. They can buy assets and sell them whenever they like. I've been burned by acquisitions twice in my career and have no illusions those won't be the last. There's a whole lot more change coming to our profession in my humble opinion.
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The solution to RAH's death spiral is simple... power to idle, ailerons neutral, rudder full in opposite direction of rotation, yoke forward to break the stall.... DUHHHH
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Originally Posted by HotMamaPilot
(Post 1059347)
Why does having a big home, large family, and being "evangelical" make one an odd ball? Or is this just an opportunity for you to insult Christians?
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Originally Posted by LineHolder
(Post 1059753)
I think because a lot of 'evangelical' people have a bad rap with manipulation (Benny Hinn/Pat Robertson/Joel Osteen, to name a few) All suck up peoples money so they can live the good life
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An expressjet guy on the sidelines sitting on his high horse? Gee, ive never seen that before....
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Originally Posted by flyguy23
(Post 1059791)
An expressjet guy on the sidelines sitting on his high horse? Gee, ive never seen that before....
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Originally Posted by LineHolder
(Post 1059753)
I think because a lot of 'evangelical' people have a bad rap with manipulation (Benny Hinn/Pat Robertson/Joel Osteen, to name a few) All suck up peoples money so they can live the good life
you named 3 out of hundreds of millions. wouldnt say that qualifies as ALOT. that small of a percentage isnt even worthy of a stereotype. thats just dumb. |
Originally Posted by guido15
(Post 1059782)
Of course a lot of the politicians and union leaders (Chicago Labor Chief draws a city pension of $157,752 for a job that paid him $15,264, Chicago Tribune, 9/25) who manipulate the taxpayer and suck up all the money so they can live a good life...they must all be Christians!
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Originally Posted by LineHolder
(Post 1059753)
I think because a lot of 'evangelical' people have a bad rap with manipulation (Benny Hinn/Pat Robertson/Joel Osteen, to name a few) All suck up peoples money so they can live the good life
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Originally Posted by guido15
(Post 1059782)
Of course a lot of the politicians and union leaders (Chicago Labor Chief draws a city pension of $157,752 for a job that paid him $15,264, Chicago Tribune, 9/25) who manipulate the taxpayer and suck up all the money so they can live a good life...they must all be Christians!
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Originally Posted by Bonk
(Post 1059818)
but Joel Osteen seems like a pretty decent guy to me and I've never heard/read anything that suggests he's doing anything underhanded.
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Originally Posted by Luv2Rotate
(Post 1059797)
ExpressJet was soooo 2004. I wonder if he knows Express is no longer owned by CAL and that they're the redheaded step child of SkyWest.
And that Colgan with the mighty Q will rule the commuter world. |
Originally Posted by CzechAirman
(Post 1059879)
And that Colgan with the mighty Q will rule the commuter world.
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Originally Posted by Luv2Rotate
(Post 1059928)
we can also bid across equipment from Saabs-Q's-CRJ 2-900 not too bad for those with SJS here.
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Originally Posted by Luv2Rotate
(Post 1059928)
You're probably right. Burns less than half of what those 145s burn and seat 24 more pax (not so bad with the price of oil these days, heck even taking some flying out of IAD from you boys. on the flip side, we can also bid across equipment from Saabs-Q's-CRJ 2-900 not too bad for those with SJS here.
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Originally Posted by N5467C
(Post 1059932)
Can new hires bid across equipment?
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Originally Posted by Luv2Rotate
(Post 1059928)
You're probably right. Burns less than half of what those 145s burn and seat 24 more pax (not so bad with the price of oil these days, heck even taking some flying out of IAD from you boys. on the flip side, we can also bid across equipment from Saabs-Q's-CRJ 2-900 not too bad for those with SJS here.
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Originally Posted by Wingtips
(Post 1059967)
What does the Q burn per hour TOTAL (NOT PER ENGINE) in cruise flight?
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Originally Posted by Wingtips
(Post 1059986)
Congrats the horse has now been passed to you, do you feel bigger?
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Originally Posted by Wingtips
(Post 1059978)
THE ERJ 50 seater burns about 1200-1300/side in cruise, thats about 2600/ttl even heavy its under 3000/pd hr ttl in cruise, and goes WAY faster. So do not say it burns 1/2 less than the ERJ, it burns about the same, and its NOT a f'in PROP.
It also doesn't have a history of putting holes in the Buffalo suburbs from poor hiring and training. So get off your horse and stop posting on here that your going to take over everyone's flying. FYI this is at luv not the guy I quoted. |
Originally Posted by s10an
(Post 1059994)
And how much is the burn in the 20+ min climb up to cruise? I don't think you can claim that the 145 burns the same as the Q in the 300-350nm radius market.
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Originally Posted by Saabs
(Post 1059984)
U are correct it doesn't burn half. That guy doesn't know. But to bring up buffalo makes u a tool. Don't think ur Better than anyone in this Industry. Tool
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Originally Posted by Wingtips
(Post 1059978)
THE ERJ 50 seater burns about 1200-1300/side and goes WAY faster. and its NOT a f'in PROP.
I have heard the ERJ is often weight restricted, how about the Q? |
Originally Posted by N5467C
(Post 1060002)
Define WAY faster?
I have heard the ERJ is often weight restricted, how about the Q? depends which, if they have the heavy weight mod then no they rarely are. Well can the Q go from EWR to BOS at FL190 at 320 KTs indicated, get to cruise in 10 min, and offer the joy of a jet. |
Originally Posted by Wingtips
(Post 1059998)
I think that market is going to cars. It is not 2000-2007. The ERJ on the 300 mile flight goes to 19k, and takes 8 minutes to get there. It burns about 3000/pbs hr in cruise at 19k. Gets there in 35 min. Burns like 2300 pds total.
Not sure if I'm tired, but how did you get 8 minutes to fly 300 miles? |
Originally Posted by s10an
(Post 1060010)
I think you are wrong about that market going to cars. Maybe trains if they ever get a good rail system.
Not sure if I'm tired, but how did you get 8 minutes to fly 300 miles? 8 minutes at climb thrust TO GET TO FL190, its about 39min total flight time to the destination. That burns maybe 3500 pds hr, then at that point we cruise along at 2900/lb hour and 320 kts. |
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