Airline Pilot Central Forums
Page 4 of 27
1
2
3
4
5
6
7
8
14
Last »
Show 40 post(s) from this thread on one page

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

jdflyer1999 07-27-2015 10:42 AM
Originally Posted by LeadFoot (Post 1938223)
lol I don't remember the last time I saw a big publicly traded company lose half of its money/value in hours. It's crazy. They seriously need a miracle after this.
How about Lehman brothers and Bearstearns in 2008.

LeadFoot 07-27-2015 10:46 AM
Originally Posted by jdflyer1999 (Post 1938295)
How about Lehman brothers and Bearstearns in 2008.
Haha touché! You are absolutely right. If RAH collapses financially Iike those two you mentioned, I can't imagine the ripple effects it will have on the regional airline industry. This is a very big regional airline we are talking about.

ChipChelios 07-27-2015 10:54 AM
Seabury Group are the people who ushered Pinnacle Airlines into bankruptcy court. The Bob's are conducting office audits. Good Luck

They will probably count the beans and say..."you dumb-asses negotiated these contracts with razor thin margins" and "there is nothing that can be taken from the labor" and "you can't afford a deal with the pilots"

FaceBiter 07-27-2015 10:59 AM
Good night sweet prince.

Buzzlightyear 07-27-2015 11:06 AM
Originally Posted by ChipChelios (Post 1938303)
Seabury Group are the people who ushered Pinnacle Airlines into bankruptcy court. The Bob's are conducting office audits. Good Luck

They will probably count the beans and say..."you dumb-asses negotiated these contracts with razor thin margins" and "there is nothing that can be taken from the labor" and "you can't afford a deal with the pilots"
The bottom in the race to the bottom may have been finally found.

FEtoFO 07-27-2015 11:15 AM
Originally Posted by FirstClass (Post 1938265)
No as a profitable airline they don't fit the bankruptcy mold. They are not going to zero out shareholder stocks to fight with pilots. That time may come but not today. It's more likely they are going to be for sale. Alternatively they may be exploring their options to take the company back private.
Their at least a year from bankruptcy right now, but I think if the NMB does release the pilots (Next Week?), then bankrupcy is very likely. They have the money, but BB is very spiteful, and will not let the pilots win. S5 will most likely be sold first, and that will create a huge mess with their seniority list. Not sure how IBT would fix it.

Day4mx 07-27-2015 11:26 AM
Originally Posted by FEtoFO (Post 1938314)
Their at least a year from bankruptcy right now, but I think if the NMB does release the pilots (Next Week?), then bankrupcy is very likely. They have the money, but BB is very spiteful, and will not let the pilots win. S5 will most likely be sold first, and that will create a huge mess with their seniority list. Not sure how IBT would fix it.
Is there a possibility of being released as soon as next week?

bedrock 07-27-2015 11:34 AM
Or someone could pull a Delta-Bendover-Peanuckle and bail them out, just so the lowest bidder can stay alive to keep downward pressure on regional wages. However, Delta did have that clause in their contracts which forced everyone to nearly match the lowest bidder.

ChipChelios 07-27-2015 11:36 AM
A Strike would most definitely be the final Rocky Balboa blow to the nuts

LeadFoot 07-27-2015 11:38 AM
Originally Posted by ChipChelios (Post 1938330)
A Strike would most definitely be the final Rocky Balboa blow to the nuts
Can they legally strike?


All times are GMT -8. The time now is 10:06 AM.
Page 4 of 27
1
2
3
4
5
6
7
8
14
Last »
Show 40 post(s) from this thread on one page


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands