There was no move in 2011 and the stock was cheaper then. When someone sees value they will be bought. As long as the schedule reductions happen orderly and other regionals can handle the flying they won't be bought by another regional. Maybe a major will want their aircraft at some point though.

I don't think so. There is no point in buying what can be taken for free. Pilots are the only real commodity and they work for free wherever the breeze happens to be blowing. There's no point in taking the options on the airplanes if you already have options on airplanes.

The majors don't want 70 seat airplanes, the regionals won't be able to staff them. So where does that really leave us?

Republic's fate is sealed, like all regionals. They simply will be one of the first to fold (or severely downsize to the lifers). It's a mathematical certainty under todays variables. There is no political will to make any serious changes to the current rule set.

This company is worth more dead than alive!

I agree with the statements, but look at the trading volume. The price also has stabilized and not continued to fall People are picking it up as fast as it is being sold, and for quarters on the dollar.

There are other values in a company besides pilots and airplanes. The systems that are in place are worth millions alone. There are also other purchasers and potential uses of the company other than just the majors buying them up.

From the article: "The...company also disclosed that it hired Seabury Group to evaluate options for its future".

In other words, they are for sale, or contemplating restructuring.

Seabury Group

They were the advisors that saved Monarch Airlines, if memory serves correctly.

Bankruptcy????

That would put an end to the "contract dispute" as they ram one down the pilot's throats.

Oh I've felt that at 9E. But our bankruptcy was corporate design and not due to an actual bankrupt position. RJET seems genuinely all but dying.

Bankruptcy was used in the past to get out of expensive pilot contracts. Republic going down that route would just worsen their predicament. Either way it's amusing to watch.