RJET down by -50% today?

Reply Subscribe

Page 13 of 27

« First

Last »

Thread Tools

Search this Thread

07-28-2015 | 06:23 AM

#121

Ar Pilot

Line Holder

Joined: Apr 2010

Posts: 675

Likes: 20

Quote:

Originally Posted by 404yxl

Actually not that hard to think about. You can make that much money on first year pay at the majors when you factor in their 15-16% retirement plans. $115-$130 an hour on second year pay.

If Republic wants to stay alive, they can raise all pay scales $10k-$20k/year.

If they want to survive, they should raise labor costs by over half their annual revenue?

07-28-2015 | 06:45 AM

#122

Flying Ninja

Need More Flight Time!

Joined: Jan 2006

Posts: 400

Likes: 0

From: Flight Simulator X

Quote:

Originally Posted by 3inthegreen

^^^^^^^^This!! Someone please make a video of BB finding out his stock just tanked!

Yes, I second this motion!

07-28-2015 | 06:46 AM

#123

pilotwithnoname

Gets Weekends Off

Joined: Jan 2014

Posts: 244

Likes: 0

Quote:

Originally Posted by Ar Pilot

If they want to survive, they should raise labor costs by over half their annual revenue?

Well considering half their revenue would still be higher margins than any other regional, and most majors...I think they would be just fine. Its not going to happen, mind you, but it's not crazy to ask for it.

07-28-2015 | 06:49 AM

#124

Flying Ninja

Need More Flight Time!

Joined: Jan 2006

Posts: 400

Likes: 0

From: Flight Simulator X

The good news for RJET today is that their stock appear to have stabilized at $3.73. I guess some people still believe in the company.

07-28-2015 | 06:50 AM

#125

Saabs

Gets Weekends Off

Joined: Jul 2011

Posts: 2,450

Likes: 0

From: Airbus button pusher

Did expressjet take their concessions shortly after seabury?

07-28-2015 | 06:59 AM

#126

Waitingformins

Gets Weekends Off

Joined: Dec 2012

Posts: 610

Likes: 0

Quote:

Originally Posted by Flying Ninja

The good news for RJET today is that their stock appear to have stabilized at $3.73. I guess some people still believe in the company.

Maybe, their market cap is pretty low now. At some point the price is reflecting their assets not earning potential.

07-28-2015 | 07:03 AM

#127

Waitingformins

Gets Weekends Off

Joined: Dec 2012

Posts: 610

Likes: 0

Quote:

Originally Posted by Packrat

You're not in the job market are you?

Well, at least for pay. I can see going to the bottom of a new airline's seniority list when you change jobs. But you should be able to start at their contract longevity rate.

What you are describing exist in trade unions. Equal work equal pay. Once off probation all FO's make the same and all Captains make the same. Now ask your self who wouldn't like that and who runs the local?

07-28-2015 | 07:17 AM

#128

flynd94

Line Holder

Joined: Feb 2008

Posts: 1,020

Likes: 23

From: It's a plane and it's a seat

Quote:

Originally Posted by Saabs

Did expressjet take their concessions shortly after seabury?

No, they were voted in 8/2008.

07-28-2015 | 08:42 AM

#129

BoilerUP

Doing One Pilot's Job

Joined: Sep 2005

Posts: 7,887

Likes: 122

If it drops below $3, a gambling man would buy a thousand shares or so and wait for the inevitable rebound bounce.

A number of folks made a lot of money doing that with AMR stock pre-bankruptcy...