True, I don't work for the NMB. But as you like to remind people, reading comprehension is a critical skill (as is retention). The original poster asked if we would support a petition (with IBT) reversing sts.

Try to keep up next time.

 

Bedford made you a promise he had no place in making. He promised to keep you separate even though our contract says anything owned by Republic goes on same list. It's a shame you're ****ed at the IBT, and Republic pilots for protecting their contract, and not at Bedford for lying you in the face.

As far as separating. I'm all for it as long as the money to buy off that 51% doesn't come from Republic ie. given to FapaInvest to buy controlling share of Frontier. This way you're ****ing me to get yours, and I don't think the IBT has done anything above and beyond protecting our contract, and due process. If you get a third party to invest, or get sold off, I wish you all the best luck. And if Bedford and Heller are a part of that deal, well, what a grand day that would be.

 

Please document said claim.

 

Have nothing to do with Republic or Frontier but why are they trying to get rid of F9. Any links etc.

 

I think that bedford's promise he is referring to is LOA 39.

 

Which contains no such promise. Nor does 67.

 

RAH is not trying to get rid of F9, they are trying to get paid.

Spirit has a market cap of $1.1 Billion with a B.
Allegiant has a market cap of $960 million.
RJET has a market cap of $190 million, and that is after a 50% rally yesterday.

A private equity group is going to roll into this with around $100 million dollars and around a 50% stake in the Frontier.

Then the Frontier IPO occurs, and they multiply their $100 by 2, or 3, or 5.

After the IPO, the RAH BoD are all happy (remember, they own a large minority stake). The Frontier pilots are happy (remember, we own a small minority stake). The PE group will be the happiest when they turn their majority stake into a nice big piece of cheese.

These transactions have NOTHING to do with labor or the SLI. They have to do with business. The RAH BoD is going to do what is best for them and the people that own RJET shares.

TPG, Wexford, Indigo, or Oaktree. They would all throw $100 million at this thing tomorrow if they could.

After the IPO, it is going to be LCC merger mania. The remaining LCC's are going to merge in an effort to protect whatever market share that remains against the monolith SWA-Airtran.

Or, we go out of business tomorrow. 50/50 chance of either path, but I am liking our chances more every day.

 

This is the first time I agree with you. This affects nothing. Unless they wash their hands completely the STS will stand and the SLI is still in play. Follow the money and the power. BB isn't going to miss a money grab, and he's not going to give up his seat running his own show unless he gets mega paid. Not a lot of change yet, but time will tell.

 

In your view, if Frontier is IPO'd and becomes a stand alone airline, the non-frontier pilots go with the aircraft? Tier 1 of the IMSL is mostly RAH pilots. Do you believe the top 700 pilots on the list will go?

If that is your position, what if Republic is sold?

What if Chautauqua is sold first? Do the top pilots go with Chautauqua aircraft or do you get to pick and choose where you go?

 

I'd say those "top tier" RAH pilots have earned it, don't you?!