Who's starting class and where
01-07-2016 | 09:26 AM
#31
Gets Weekends Off
Joined: Mar 2014
Posts: 643
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From: C172 Captain
Why do you seem all butt hurt that they're going to Republic? Does it affect you personally in some way? I'm sure they've all done their research and know the risks associated with going there.
01-07-2016 | 09:29 AM
#32
Line Holder
Joined: Dec 2007
Posts: 273
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From: Emb 170/175 FO
As you are so fond of saying between your envoy sales pitches... You don't work here, you don't know what's going on.
For the guys coming to RAH, welcome aboard.
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01-07-2016 | 09:41 AM
#33
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Joined: Apr 2014
Posts: 338
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Also, that doesn't matter cause RAH does not pay for gas. They reduced their revenue (cut block hours) and increased pay. Bankruptcy is around the corner.
01-07-2016 | 10:14 AM
#34
Life Is Good
Joined: Jun 2014
Posts: 63
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01-07-2016 | 10:18 AM
#36
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Joined: Jul 2007
Posts: 367
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From: Errplanes
Bankruptcy = cost cutting
Cost cutting = downsizing, furloughs, reorganization, bye bye new contract
01-07-2016 | 10:22 AM
#37
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Joined: Apr 2014
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Originally Posted by http://m.nasdaq.com/article/consumer-sector-update-for-01052016-rjetswhcnyny-cm561618
In company news, Republic Airways (RJET*) shares retreated Tuesday after analysts at Deutsche Bank today reduced their investment call for the air carrier's stock to Hold from Buy and cut their price target in half to $4 a share.
Deutsche Bank analyst Michael Linenberg also slashed his FY16 per-share earnings estimates to $0.45 from $0.90 per share, explaining in a new research note that he sees some downside risk as Republic restructures and renegotiates contracts with its major airlines partners and other suppliers and vendors over the future "size and shape" of the company.
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01-07-2016 | 11:04 AM
#40
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Joined: Jun 2015
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I am not bashing Republic at all. I am afraid that there are going to be a whole new generation of pilots that are going to get screwed by that place. I hate it when people lose their seniority and have to start fresh because some scumbag company screws their pilots over.
I have nothing against the pilots at Republic at all. I truly hope that Republic is able to hold it together long enough and be a good airline. I think that this time has come and gone, and that they are a sinking ship. I caution people to do their homework and look at the whole picture, not just starting pay.
I have nothing against the pilots at Republic at all. I truly hope that Republic is able to hold it together long enough and be a good airline. I think that this time has come and gone, and that they are a sinking ship. I caution people to do their homework and look at the whole picture, not just starting pay.
