RJET down by -50% today?
07-28-2015 | 06:50 PM
#161
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From the news today
"The airline pointed to an ongoing operational disruption caused by regulatory changes as well as an ongoing labor dispute with pilots for the lower earnings and revenue figures."
It seems both the company and the pilots are suffering from the same problem: lower earnings and revenue figures.
"The airline pointed to an ongoing operational disruption caused by regulatory changes as well as an ongoing labor dispute with pilots for the lower earnings and revenue figures."
It seems both the company and the pilots are suffering from the same problem: lower earnings and revenue figures.
07-28-2015 | 06:54 PM
#162
Bracing for Fallacies
Joined: Jul 2007
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From: In favor of good things, not in favor of bad things
if the airline would go down, that wouldn't necessarily mean a crazy surplus of pilots, wouldn't a lot of planes get shuffled between other regionals which then have to staff them by hiring the laid off republic pilots?
or does republic own the planes themselves? but then delta etc could pick up those planes for cheap probably and send them to whatever regional?
or do i just not understand the industry at all?
or does republic own the planes themselves? but then delta etc could pick up those planes for cheap probably and send them to whatever regional?
or do i just not understand the industry at all?
07-28-2015 | 06:58 PM
#163
Gets Weekends Off
Joined: Jul 2011
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From: Under beer over couch after skool
The last time I saw the Reverend BB he didn't look very well. I told a couple of people he looked worn out, sick and resigned, basically like his pilots. I am now wondering if the FAIL in the spring to get a contract and the subsequent reduction in flying constituted writing on the wall for him.
So sad that he's willing to put 6000 employees out of work just to spite the pilots over scope, among other issues. Scope? Really? We're a f'ing regional and you want to outsource? Where's the gasoline?
So sad that he's willing to put 6000 employees out of work just to spite the pilots over scope, among other issues. Scope? Really? We're a f'ing regional and you want to outsource? Where's the gasoline?
07-28-2015 | 08:50 PM
#164
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From: Hot tub for now
PSA has hired almost 1000 pilots since the regulatory changes. Don't think they should be able to use that excuse. The pilots are out there. If people are willing to work for PSA. Then why not republic?
07-28-2015 | 09:41 PM
#165
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We're parking airplanes because we can't staff our flying. We can't attract fresh meat with our outdated contract. Once airplanes start getting parked, pilots get furloughed. It's difficult to attract new pilots when you offer no future. It's a crazy cycle that's difficult if not impossible to stop. More and more pilots are going to leave which results in more parked airplanes along with downgrades and furloughs. Company shrinks to oblivion, CEO walks away with millions.
07-28-2015 | 09:45 PM
#166
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Joined: Jun 2008
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From: E-170/175 FO
Why would he furlough? I could certainly see downgrades to staff the right seat, but most would leave after downgrade. why not just sale S5 to Delta and send the pilots that are on the certificate. I'm sure Delta would love to whipsaw again. Sounds like YX will be the surviving certificate anyways.
07-28-2015 | 10:32 PM
#167
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Now the 50 jet replacement that Republic has tried to replace the Envoy pilots is failing. They only staffed the Envoy flying by parking other airplanes.
You can be successful in this environment with the initial replacement wave, but once you get past the initial seniority bump, the staffing issues will go the other way.
This isn't pre-2013 ATP minimum replacement anymore. Republic failed to adapt and this is the result.
07-29-2015 | 12:29 AM
#168
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Joined: Dec 2010
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This is starting to sound like the Pinnacle/Phil Trenary playbook--a sham bankruptcy for Bedford to extract as much money as possible from the shareholders prior to Chapter 11, after which one of your codeshare partners or a private equity group will finance you out of bankruptcy, slap a bankruptcy contract on you, and lay out a plan for your future operational structure.
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