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.

 

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.

 

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

 

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?

 

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.

 

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.

 

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".

 

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.

 

Yep. I don't know what his definition of "seasoned" pilot is. He's been quoted at least twice since then complaining about excessive pilot labor costs. I don't have the time, energy, or motivation to dig up the podcasts. The entire labor model here was based on constant turnover. Now that the supply of 250 hour wonders has been temporarily cut off, the labor model no longer works.