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-   -   RJET down by -50% today? (https://www.airlinepilotforums.com/regional/89670-rjet-down-50-today.html)

Rahlifer 07-29-2015 08:07 AM


Originally Posted by FEtoFO (Post 1939411)
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.

The attrition should preclude the need for any furloughs. However, by parking an entire fleet or two leaves a bunch of extra pilots on payroll doing nothing until they go through retraining. If there's one thing this company despises, it's paying pilots to sit at home doing nothing. That's why I suspect they would furlough even if it's out of seniority. The reverend has also spoken of pilots with more than 7 years longevity with disdain. Maybe he'll start furloughing from the top of the list. Gotta get rid of those expensive lifers. There's really no telling what kind of creative screw ups we have yet to see. We're talking about a management group with a scorched earth mentality.

pilotnbr1 07-29-2015 08:18 AM

RJET won't shut down, at least not for a long time. They have a pilot shortage and will simply reduce schedules and renegotiate with their partners until their staffing and block hours equalize. With attrition they may have to be on some sort of long term fleet reduction plan unless staffing can materially change.
Even if they were on track to have a sudden shut down, their partners will swoop in and take over. Look at Delta and Pinacle- there was no way Delta was going to allow a sudden and dramatic interuption of its feed.

Stringfellow 07-29-2015 08:48 AM

Anybody know if there is some language in RAH deal for the 47 aircraft doing AA flying which states that if RAH cannot fulfill its obligations, financing for those 47 planes reverts to AA?

snippercr 07-29-2015 08:59 AM


Originally Posted by Stringfellow (Post 1939642)
Anybody know if there is some language in RAH deal for the 47 aircraft doing AA flying which states that if RAH cannot fulfill its obligations, financing for those 47 planes reverts to AA?

People will claim they do but no one officially knows.

Bob Loblaw 07-29-2015 09:04 AM

Damn, I knew I should have bought some stock yesterday. It's currently +1.85 (+53.7%) for the day.

GoHomeLeg 07-29-2015 09:06 AM


Originally Posted by F16Driver (Post 1939515)
How would you work charter, corporate, and military pilots into this list?

Integrate current 121 by hire dates at their first airline that they worked for.

When joining the "121 world" you will be added to the list by the date you start new hire class. In order to stay on the list you can't be off a 121 payroll for more than (blank) number of months or years.

You want to make a life flying non 121? Go for it. You'll risk giving up seniority.

If you want to maintain your relative senori at your current airline then don't switch companies.

If a pilot has not changed companies then they will not lose their relative senority by having a pilot that is changing pushing them downward. This will make the national senority list useless at first but allow upcoming generations to benefit. Boiled down this means that pilots that do not switch companies from where they were before the list will be protected. Pilots that join a company after the list is formed will be fair game to be pushed downward.

Thoughts?

404yxl 07-29-2015 09:07 AM


Originally Posted by Stringfellow (Post 1939642)
Anybody know if there is some language in RAH deal for the 47 aircraft doing AA flying which states that if RAH cannot fulfill its obligations, financing for those 47 planes reverts to AA?

I don't think it matters either way. If RAH can't complete enough flights per their AA agreement, AA stops payments and RAH either files bankruptcy or they allow AA to take them over.

AA pays for those planes via AA ticket sales. Without that money, it doesn't matter if RAH owns the leases or not.

iFlyRC 07-29-2015 09:14 AM

As pilots, it doesn't matter if you vote yes or no. The laws of economics, supply and demand will always play out and never need any help from us.
I don't think Rjet is going anywhere, and I highly doubt a mainline would acquire any more regionals unless they wanted a place to dump money into to show a loss for financial reasons. Y'all just sit back, relax, and have some popcorn.

ThreeStripe 07-29-2015 09:18 AM


Originally Posted by Rahlifer (Post 1939615)
The attrition should preclude the need for any furloughs. However, by parking an entire fleet or two leaves a bunch of extra pilots on payroll doing nothing until they go through retraining. If there's one thing this company despises, it's paying pilots to sit at home doing nothing. That's why I suspect they would furlough even if it's out of seniority. The reverend has also spoken of pilots with more than 7 years longevity with disdain. Maybe he'll start furloughing from the top of the list. Gotta get rid of those expensive lifers. There's really no telling what kind of creative screw ups we have yet to see. We're talking about a management group with a scorched earth mentality.

Remember back in 08 when BB said he hoped pilots would make a career here when the last hiring boom was thinning the ranks? I think the exact quote was "I hope our seasoned pilots choose to keep their careers at republic".

BoilerUP 07-29-2015 09:31 AM

National Seniority List...now there's a pie in the sky concept that sounds great on the internet but would be terrible in practical application.

Besides...if that's ever gonna happen (it won't) inclusion on the list should be at issuance of ATP.

There's better odds of Bedford getting a vasectomy and throwing 30% raises to CAs and 40% to FOs than ever seeing a NSL in our lifetimes.


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