Death Spiral for Republic
09-23-2011 | 01:06 PM
#1
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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)
Republic Airways is in a Death Spiral (RJET, LUV & UAL)
09-23-2011 | 03:23 PM
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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.
09-23-2011 | 05:31 PM
#3
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Well that article was encouraging. 
09-23-2011 | 10:06 PM
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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.
09-23-2011 | 11:15 PM
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From: Chris's Closet
Death Spiral? So that's why I'm dizzy all the time!!!
09-24-2011 | 04:49 AM
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From: FO - 757/767
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.
09-24-2011 | 05:02 AM
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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
09-24-2011 | 05:04 AM
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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
09-24-2011 | 05:38 AM
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From: WB Bunkie
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.
09-24-2011 | 05:47 AM
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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.
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.
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