Wheels falling off at RAH
08-27-2015 | 12:33 PM
#1561
Banned
Joined: Jun 2008
Posts: 8,350
Likes: 0
A mass pilot exodus and ZERO replacements resulting in complete chaos in an already tenuous existence and that would have his meal makers (the legacies he feeds) abandoning RAH in rapid form. In short order, he wouldn't have a pot to pi$$ in or a window to throw it out of. His airline would collapse.
Great strategy if he wants to liquidate and wipeout remaining shareholder value. Not so good, if he wants to reorganize.
08-27-2015 | 12:45 PM
#1562
Gets Weekends Off
Joined: Jul 2011
Posts: 894
Likes: 0
I think they already pretty much wiped out the shareholder value.. All the way down to $2/share. Lol
Attachment 2368
Attachment 2368
Last edited by RyanP; 04-13-2016 at 09:11 AM.
08-27-2015 | 01:23 PM
#1563
He who lies first, wins!
Joined: Feb 2007
Posts: 546
Likes: 0
From: back in the saddle with sores!
First a judge would have to green light that request and BB would have to justify it as necessary for survival. But again, think about what would happen to RAH if he did ?
A mass pilot exodus and ZERO replacements resulting in complete chaos in an already tenuous existence and that would have his meal makers (the legacies he feeds) abandoning RAH in rapid form. In short order, he wouldn't have a pot to pi$$ in or a window to throw it out of. His airline would collapse.
Great strategy if he wants to liquidate and wipeout remaining shareholder value. Not so good, if he wants to reorganize.
A mass pilot exodus and ZERO replacements resulting in complete chaos in an already tenuous existence and that would have his meal makers (the legacies he feeds) abandoning RAH in rapid form. In short order, he wouldn't have a pot to pi$$ in or a window to throw it out of. His airline would collapse.
Great strategy if he wants to liquidate and wipeout remaining shareholder value. Not so good, if he wants to reorganize.
UAL spun off there FF program understated the value and that was not found out until after the BK was finished.
NWA spun off NW cargo to go into BK. They then were paid out the value of the Continental Golden shares which they loaned DL to establish the merger between DAL and NWA.
BK was established to protect the business and with a flock of young imaginative MBA + JD's to create the correct business model, watch out.
08-27-2015 | 01:38 PM
#1564
Banned
Joined: Jun 2008
Posts: 8,350
Likes: 0
Never underestimate what will be done, AA got an 1113 why not RAH, SAH, 1113.
UAL spun off there FF program understated the value and that was not found out until after the BK was finished.
NWA spun off NW cargo to go into BK. They then were paid out the value of the Continental Golden shares which they loaned DL to establish the merger between DAL and NWA.
BK was established to protect the business and with a flock of young imaginative MBA + JD's to create the correct business model, watch out.
UAL spun off there FF program understated the value and that was not found out until after the BK was finished.
NWA spun off NW cargo to go into BK. They then were paid out the value of the Continental Golden shares which they loaned DL to establish the merger between DAL and NWA.
BK was established to protect the business and with a flock of young imaginative MBA + JD's to create the correct business model, watch out.
08-27-2015 | 02:14 PM
#1565
He who lies first, wins!
Joined: Feb 2007
Posts: 546
Likes: 0
From: back in the saddle with sores!
AA 1113 was luck due to the timing. BB can and will do what ever he likes with or with out a CBA. I back you guys 100% and believe you are holding a line that should be commended and replicated in the industry. You have my support!
08-27-2015 | 06:17 PM
#1566
Banned
Joined: Oct 2014
Posts: 2,137
Likes: 0
Ok dood... If you think that 40 an hour plus protections and guarantees would not bring people in from other airlines, all I can think is your parents must be footing every bill for you. People need money to survive and rates at 40+ an hour would absolutely bring people in. And if this company does what is smart (unlikely) and fixes the language in the contract, this will absolutely be the best contract signed in years at the regional level. If your opinion is that no one would show up for industry leading rates on the best aircraft with the most variety of CPA's in the industry, I can't help you.
I think $40 an hour for a new hire coming from flight instructing is nice, but these pilots do not exist in great numbers.
The FO shuffle is over.
08-28-2015 | 04:50 AM
#1567
Line Holder
Joined: Dec 2007
Posts: 273
Likes: 0
From: Emb 170/175 FO
What airlines do you think FO's would jump ship from? We are only talking about an increase of $9000 annually compared to most other regional airline's first year pay. Due to higher pay in year 2 and quick upgrades, FO's who have been at a regional for a year probably aren't leaving where they are at.
I think $40 an hour for a new hire coming from flight instructing is nice, but these pilots do not exist in great numbers.
The FO shuffle is over.
I think $40 an hour for a new hire coming from flight instructing is nice, but these pilots do not exist in great numbers.
The FO shuffle is over.
08-28-2015 | 05:13 AM
#1568
Gets Weekends Off
Joined: Jan 2015
Posts: 504
Likes: 0
Sorry, but I don't see it your way. As long as the regionals exist, mainline can shuffle flying from one to the next, and older less efficient aircraft are being retired; people will move from one place to the other. I can see people from commutair, Mesa, ExpressJet, Gojet just to name a few moving to a higher paying job. The money will bring people from others as well, those who have bills to pay and to whom that $9000 you seem to brush off means economic stability. It will happen.
Thread
Thread Starter
Forum
Replies
Last Post
