RJET down by -50% today?
#212
Republic Says It Cannot Fly The Schedule It Promised Partners
Republic Airways says the ongoing labor dispute with its pilots is in large part why the airline is cutting part of its planned schedule for later this year and the first half of 2016. Republic told investors and employees it is discussing with partner airlines how to both temporarily and permanently reduce its commitments. The airline said the International Brotherhood of Teamsters, the union representing pilots, is increasingly making “unrealistic and unsustainable ...
Writing is on the walls. Has been for a while.
Republic Airways says the ongoing labor dispute with its pilots is in large part why the airline is cutting part of its planned schedule for later this year and the first half of 2016. Republic told investors and employees it is discussing with partner airlines how to both temporarily and permanently reduce its commitments. The airline said the International Brotherhood of Teamsters, the union representing pilots, is increasingly making “unrealistic and unsustainable ...
Writing is on the walls. Has been for a while.
#215
Banned
Joined: Feb 2014
Posts: 285
Likes: 0
Republic Says It Cannot Fly The Schedule It Promised Partners
Republic Airways says the ongoing labor dispute with its pilots is in large part why the airline is cutting part of its planned schedule for later this year and the first half of 2016. Republic told investors and employees it is discussing with partner airlines how to both temporarily and permanently reduce its commitments. The airline said the International Brotherhood of Teamsters, the union representing pilots, is increasingly making “unrealistic and unsustainable ...
Writing is on the walls. Has been for a while.
Republic Airways says the ongoing labor dispute with its pilots is in large part why the airline is cutting part of its planned schedule for later this year and the first half of 2016. Republic told investors and employees it is discussing with partner airlines how to both temporarily and permanently reduce its commitments. The airline said the International Brotherhood of Teamsters, the union representing pilots, is increasingly making “unrealistic and unsustainable ...
Writing is on the walls. Has been for a while.
I don't see other regionals having the problems BB is having. He has poisoned the water so bad at RAH, the corporate culture is ruined by greed.
#216
Line Holder
Joined: Jul 2007
Posts: 987
Likes: 37
I love how Bedford went out and got all these airframes, contracts, moved to a larger house, lined his pockets, fired Managers because of bad employee surveys and now screws over the whole airline and investors because he is refusing to pay pilots what they are worth. The BOD should fire him for his incompetence.
I don't see other regionals having the problems BB is having. He has poisoned the water so bad at RAH, the corporate culture is ruined by greed.
I don't see other regionals having the problems BB is having. He has poisoned the water so bad at RAH, the corporate culture is ruined by greed.
#217
If that ends up being the case Delta has invested $350 million in China Eastern to strengthen their China alliance and AA would spend around the same to strengthen their domestic regional feed. Late to the party again!
#218
Line Holder
Joined: Oct 2013
Posts: 77
Likes: 0
My bet is the Delta flying is at unprofitable rates, so they will go for a pre-packaged bankruptcy to shed those contracts, then emerge with just 170/175 flying. Might be a stronger company for it, or might not. Who knows.
#219
Line Holder
Joined: Jul 2007
Posts: 987
Likes: 37
Maybe, but the underlying problem is still there. He can extend the life of the company using such measures, but until he can attract pilots, rah is on borrowed time. I dont think bedford will do what it takes to save this place. Its amazing the board will let him sink the ship without so much as an argument.
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