Wheels falling off at RAH
08-25-2015 | 09:35 AM
#1511
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Joined: Jul 2008
Posts: 919
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So let me get this straight. This proposed offer, from my understanding, is more expensive than current book. YET if it fails to pass (again despite being MORE expensive) it will force the company into bankruptcy by keeping the cheaper status quo.
*** comes up with this ****?
*** comes up with this ****?
08-25-2015 | 11:21 AM
#1512
Banned
Joined: Oct 2014
Posts: 2,137
Likes: 0
What's there to be scared of? It doesn't really matter if RAH files for bankruptcy or not. It doesn't really matter if the contract is voted in or not. The damage is done, there's really no pilots to hire in a large enough group to even be a worthy mention.
Rah's demise is pretty apparent. No pilots no airline. You can't really sell 7 year upgrades and no flow.
Rah's demise is pretty apparent. No pilots no airline. You can't really sell 7 year upgrades and no flow.
08-25-2015 | 11:22 AM
#1513
Gets Weekends Off
Joined: Dec 2007
Posts: 1,203
Likes: 0
From: Hot tub for now
The company is going to declare bankruptcy either way.
There is probably a bigger plan in the works. Maybe BK then AA buys republic at a cheap price and a 4th wholly owned is born. Or Merge with eagle or PDT.
Either way, the pilot vote has little bearing on the future. Bedford has it planned out already.
There is probably a bigger plan in the works. Maybe BK then AA buys republic at a cheap price and a 4th wholly owned is born. Or Merge with eagle or PDT.
Either way, the pilot vote has little bearing on the future. Bedford has it planned out already.
08-25-2015 | 11:28 AM
#1514
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Joined: Sep 2006
Posts: 928
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Republic Warns of Chapter 11 Option If Pilots Reject Contract - Bloomberg Business
This is union busting 101 guys. Do not flinch. You DO hold the cards.
Good luck.
This is union busting 101 guys. Do not flinch. You DO hold the cards.
Good luck.
This proposal isn't even "consensual."
08-25-2015 | 11:55 AM
#1515
Gets Weekends Off
Joined: Jun 2010
Posts: 906
Likes: 0
From: Just another RJ guy
The company is going to declare bankruptcy either way.
There is probably a bigger plan in the works. Maybe BK then AA buys republic at a cheap price and a 4th wholly owned is born. Or Merge with eagle or PDT.
Either way, the pilot vote has little bearing on the future. Bedford has it planned out already.
There is probably a bigger plan in the works. Maybe BK then AA buys republic at a cheap price and a 4th wholly owned is born. Or Merge with eagle or PDT.
Either way, the pilot vote has little bearing on the future. Bedford has it planned out already.
08-25-2015 | 12:19 PM
#1516
Line Holder
Joined: Jul 2008
Posts: 919
Likes: 27
If I were IBT, I would take my chances in bankruptcy court. Seabury is a VERY expensive firm. They wouldn't be in Indianapolis unless a filing is imminent.
08-25-2015 | 12:40 PM
#1517
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Joined: Dec 2007
Posts: 273
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From: Emb 170/175 FO
They are very expensive, however they have been being used by RAH for the better part of a year for proposal costing. They are not new arrivals.
08-25-2015 | 12:47 PM
#1518
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Joined: Dec 2007
Posts: 273
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From: Emb 170/175 FO
What's there to be scared of? It doesn't really matter if RAH files for bankruptcy or not. It doesn't really matter if the contract is voted in or not. The damage is done, there's really no pilots to hire in a large enough group to even be a worthy mention.
Rah's demise is pretty apparent. No pilots no airline. You can't really sell 7 year upgrades and no flow.
Rah's demise is pretty apparent. No pilots no airline. You can't really sell 7 year upgrades and no flow.
08-25-2015 | 01:12 PM
#1519
Gets Weekends Off
Joined: Aug 2013
Posts: 122
Likes: 0
Man you just keep squawking away without listening. The only place with a 7 year upgrade that I can think of is... Envoy. RAH is currently sitting a little over 2.5 years to upgrade. That will drop with a new contract. I think someone is getting nervous about more of envoys FO's leaving if someone has something TANGIBLE to offer like more money and a quick upgrade instead of a flow pipe
08-25-2015 | 01:24 PM
#1520
Gets Weekends Off
Joined: Aug 2011
Posts: 394
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Man you just keep squawking away without listening. The only place with a 7 year upgrade that I can think of is... Envoy. RAH is currently sitting a little over 2.5 years to upgrade. That will drop with a new contract. I think someone is getting nervous about more of envoys FO's leaving if someone has something TANGIBLE to offer like more money and a quick upgrade instead of a flow pipe
Career progression and a stable company are what new pilots are looking for. The only reason RAH got so many newbies was because of the 175. Lots of airlines fly the 175 now though.
Y'all are in a world of trouble whether this passes or not. I'm hoping for the best for my friends over there.
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