RJET down by -50% today?
#141
Gets Weekends Off
Joined: Dec 2012
Posts: 610
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I don't see a good way out for Republic. I don't see a mainline "partner" bailing them out, I don't see how bankruptcy helps with either the CPA or the labor, and I don't see how to turn it around under current conditions.
On the other hand, if another regional bought them out, whatever labor contract exists at the buyer is likely better than the contract at Republic, so it might be attractive to the labor groups. But since they're represented by a non-ALPA union, at least at the pilot level, I can see integration being a deal breaker for any buyer.
In my mind, I don't see a way out of this mess for Republic.
On the other hand, if another regional bought them out, whatever labor contract exists at the buyer is likely better than the contract at Republic, so it might be attractive to the labor groups. But since they're represented by a non-ALPA union, at least at the pilot level, I can see integration being a deal breaker for any buyer.
In my mind, I don't see a way out of this mess for Republic.
#142
So this waiter who was making $20,000/year, took a course in computer programming and after 3 months, got offered a starting salary of $1000,000.
http://mobile.nytimes.com/2015/07/29..._r=0&referrer=
Just in case anyone is looking to change careers.
http://mobile.nytimes.com/2015/07/29..._r=0&referrer=
Just in case anyone is looking to change careers.
#143
Gets Weekends Off
Joined: Dec 2012
Posts: 610
Likes: 0
We should all congratulate the entire RAH pilot group for holding the line and living with a deplorable contract in an attempt to make life better for the entire pilot community. Stay the course RAH pilots! Better things are in front of all us if you do. It is your pain, but all of us will gain. We each owe the RAH pilot group a salute in the airport for not accepting that POS contract last year (unlike other pilot groups that shall go unmentioned).
If RAH goes under, is forced to sell/merge, or finally yield to an industry leading contract, the pain will have been worth it. Under any scenario the industry is better off for your sacrifice. You all are taking a political/social media beating from other RAH employee groups for not caving. We all need to support RAH pilots!!!
If RAH goes under, is forced to sell/merge, or finally yield to an industry leading contract, the pain will have been worth it. Under any scenario the industry is better off for your sacrifice. You all are taking a political/social media beating from other RAH employee groups for not caving. We all need to support RAH pilots!!!
#144
Line Holder
Joined: Oct 2013
Posts: 77
Likes: 0
So this waiter who was making $20,000/year, took a course in computer programming and after 3 months, got offered a starting salary of $1000,000.
http://mobile.nytimes.com/2015/07/29..._r=0&referrer=
Just in case anyone is looking to change careers.
http://mobile.nytimes.com/2015/07/29..._r=0&referrer=
Just in case anyone is looking to change careers.
#145
Banned
Joined: Dec 2014
Posts: 718
Likes: 9
Envoy thought our flying couldn't be replaced, we took a stand on that premise and got kicked hard in the balls. It wouldn't take long to piece meal out the RAH flying. There will be a lot of hungry regionals that have nothing but super old 50 seaters fighting over RAH's 175s to include all those new options for United. American could easily buy and place the 47 175's at Envoy or Compass, United could give these new options to Express Jet in order to get a new contract over their, and as for Delta, Skywest has a whole bunch of 200s that will be hitting the desert soon. Over the course of a 3 year period RAH could easily be shrunk down and then forced to close through chapter 7. After Lakes, Silver, Commut go out of business, RAH could easily follow. Anderson said last year that Delta was going to be taking 40% of its regional flying back and bring it in house through the 717. I expect United and American to eventually follow suit. This entire industry has hit an iceberg. Some carriers (like RAH) will be at the bow and go under first. Others will be at the stern griping the railing as they take their final breath. But in the end, whether it takes 5 years or 10 years, the regional industry will die, as it should, as the majors evolve back to what they use to be.
#147
Banned
Joined: Mar 2014
Posts: 787
Likes: 0
We should all congratulate the entire RAH pilot group for holding the line and living with a deplorable contract in an attempt to make life better for the entire pilot community. Stay the course RAH pilots! Better things are in front of all us if you do. It is your pain, but all of us will gain. We each owe the RAH pilot group a salute in the airport for not accepting that POS contract last year (unlike other pilot groups that shall go unmentioned).
If RAH goes under, is forced to sell/merge, or finally yield to an industry leading contract, the pain will have been worth it. Under any scenario the industry is better off for your sacrifice. You all are taking a political/social media beating from other RAH employee groups for not caving. We all need to support RAH pilots!!!
If RAH goes under, is forced to sell/merge, or finally yield to an industry leading contract, the pain will have been worth it. Under any scenario the industry is better off for your sacrifice. You all are taking a political/social media beating from other RAH employee groups for not caving. We all need to support RAH pilots!!!
Grow up.
Nobody gains anything anywhere in the Regional industry. Nobody "stands up" for anything either. The Regional economics don't work that way. This whole "holding the line" crap is what makes so many Regional pilots chase that white rabbit down a dark hole they should never have gone down.
Republic's problems are due to Bryan Bedford. Period. Even had Republic pilots voted in that contract last year they would still be in this same position. I bring up examples from airline history quite often because we have to learn from them. Pan-Am pilots voted in concession after concession and it still didn't save their airline. They were doomed after decades worth of mis-management, a bloated and over extended fleet, and a very poorly done buyout of National airlines.
See the parallels with Republic? There is nothing the Republic pilots could have done to save their airline. That responsibility lies solely at the feet of Bedford and his talking head cronies. Unfortunately in this country there is NO accountability for ruining businesses so Bedford will come out of this just fine. It will be the labor groups scrambling for higher ground as the tidal wave moves in.
There is nothing pretty about that. And it won't help any other Regional in any way, shape, or form. You need to take it down a couple of notches. You are way in over your head and have NO idea how airlines operate or how things like this work. If you did you wouldn't have made such a stupid and gleeful post "thanking" Republic pilots for "holding the line". I just threw up in my mouth.
God Bless.
#148
Gets Weekends Off
Joined: Sep 2010
Posts: 2,648
Likes: 0
S-T-F-U! This isn't some stupid pee-wee football league. Salute in the airport? You have got to be freakin' kidding me.
Grow up.
Nobody gains anything anywhere in the Regional industry. Nobody "stands up" for anything either. The Regional economics don't work that way. This whole "holding the line" crap is what makes so many Regional pilots chase that white rabbit down a dark hole they should never have gone down.
Republic's problems are due to Bryan Bedford. Period. Even had Republic pilots voted in that contract last year they would still be in this same position. I bring up examples from airline history quite often because we have to learn from them. Pan-Am pilots voted in concession after concession and it still didn't save their airline. They were doomed after decades worth of mis-management, a bloated and over extended fleet, and a very poorly done buyout of National airlines.
See the parallels with Republic? There is nothing the Republic pilots could have done to save their airline. That responsibility lies solely at the feet of Bedford and his talking head cronies. Unfortunately in this country there is NO accountability for ruining businesses so Bedford will come out of this just fine. It will be the labor groups scrambling for higher ground as the tidal wave moves in.
There is nothing pretty about that. And it won't help any other Regional in any way, shape, or form. You need to take it down a couple of notches. You are way in over your head and have NO idea how airlines operate or how things like this work. If you did you wouldn't have made such a stupid and gleeful post "thanking" Republic pilots for "holding the line". I just threw up in my mouth.
God Bless.
Grow up.
Nobody gains anything anywhere in the Regional industry. Nobody "stands up" for anything either. The Regional economics don't work that way. This whole "holding the line" crap is what makes so many Regional pilots chase that white rabbit down a dark hole they should never have gone down.
Republic's problems are due to Bryan Bedford. Period. Even had Republic pilots voted in that contract last year they would still be in this same position. I bring up examples from airline history quite often because we have to learn from them. Pan-Am pilots voted in concession after concession and it still didn't save their airline. They were doomed after decades worth of mis-management, a bloated and over extended fleet, and a very poorly done buyout of National airlines.
See the parallels with Republic? There is nothing the Republic pilots could have done to save their airline. That responsibility lies solely at the feet of Bedford and his talking head cronies. Unfortunately in this country there is NO accountability for ruining businesses so Bedford will come out of this just fine. It will be the labor groups scrambling for higher ground as the tidal wave moves in.
There is nothing pretty about that. And it won't help any other Regional in any way, shape, or form. You need to take it down a couple of notches. You are way in over your head and have NO idea how airlines operate or how things like this work. If you did you wouldn't have made such a stupid and gleeful post "thanking" Republic pilots for "holding the line". I just threw up in my mouth.
God Bless.
#150
Line Holder
Joined: Oct 2013
Posts: 77
Likes: 0
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