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RAH files for Chapter 11 bankruptcy

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RAH files for Chapter 11 bankruptcy

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Old 02-26-2016 | 06:51 AM
  #181  
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Originally Posted by FirstClass
The majors can be unhappy all they want, they have no recourse other than recalling the flying back home. And that would be just fine.
I think most everyone can agree with this statement!
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Old 02-26-2016 | 06:58 AM
  #182  
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"Consider it all joy, my brothers,"
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Old 02-26-2016 | 06:59 AM
  #183  
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Originally Posted by madeinUSA
I think most everyone can agree with this statement!
Won't be fine if you're one of the ones that doesn't get taken on to cover the flying they take back and you lose your regional job that happens to be paying your mortgage etc. mainline flies mainline planes, for every CRJ they replace with a 737 that's at least two crews that are no longer needed.
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Old 02-26-2016 | 07:00 AM
  #184  
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From: Downward-Facing Dog Pose
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Originally Posted by Flying Ninja

Their stock took a huge hit this morning...

Yes, off over 75% in early trading. Ouch!





When price failed to continue higher from the July 2013 highs at #1 was big concern. When it failed to hold the trendline @ #2 was the indication to sell and take some profit off the table. When price failed at the multi-year trendline @ #3 was the "punch out now" signal.

Note: each price bar above represents 1 month of trading.

Last edited by SayAlt; 02-26-2016 at 07:11 AM.
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Old 02-26-2016 | 07:04 AM
  #185  
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Originally Posted by ThreeStripe
We need loon to weigh in on this. Where is he?
Probably drinking. Isn't that what a lifer does when their regional publicly admits they can't sustain the operation financially?
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Old 02-26-2016 | 07:11 AM
  #186  
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Originally Posted by amcnd
How many 170/175's do they fly for Delta. Will delta be mad enough just to get out if those too?? Im sure they are not happy with the E145's droping off quick... And the lawsuit..
Republic has 30 E175s flying for Delta. At one point in time, I believe Republic and Delta extended the the contract and was supposed to add 6-7 additional E175s.
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Old 02-26-2016 | 07:16 AM
  #187  
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Originally Posted by Flightcap
Here are some numbers:

Combined Republic and Shuttle fleet:

190 E170/175
20 Dash-8
33 E145

Based on those numbers and a rough approximation of 10 pilots per aircraft (others more experienced please confirm this ratio), then eliminating all but the 170 fleet will require a total of 1,900 pilots on property for adequate staffing.

RAH's seniority list as of February has 2,109 pilots on property.
These numbers are not correct.

Currently approx 223 Ejets with about 20ish parked due to lack of staff.
Currently 71+ 145's with only 16 flying next month due to staffing.
Currently only 2 Q400's flying. They stop at the end of the month.

There simply isn't a huge number of planes to be parked. They are ALREADY PARKED but RAH is still paying the FULL leases on them to the tune of $10million/month. This is the problem. There will be no furloughs, no layoffs. But there will be plenty of leases terminated as well as 145 flying terminated.

There could potentially be a 170/175 contract terminated (read Delta) but those pilots will quickly be transferred to other 170/175 flying. The Delta flying is only 25 170/175's and only 15 of them were flying this month due to lack of staffing.

Even if every plane except for the 170/175 fleet were parked tomorrow, RAH would still be understaffed.

Now that said, I'm not saying all is unicorns, rainbows and lollipops here. There will be tough times as the bankruptcy court, creditors committee and the company hash out an exit plan. I'm simply saying that this notion that many aircraft currently flying must be parked and pilots laid off is purely and simply false.
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Old 02-26-2016 | 07:17 AM
  #188  
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Originally Posted by Squallrider
Won't be fine if you're one of the ones that doesn't get taken on to cover the flying they take back and you lose your regional job that happens to be paying your mortgage etc. mainline flies mainline planes, for every CRJ they replace with a 737 that's at least two crews that are no longer needed.

It's called business. That's how things work. Sorry to those who chose poorly


Sent from my iPhone using Tapatalk
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Old 02-26-2016 | 07:24 AM
  #189  
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Originally Posted by KCaviator
Based on what I just posted that would roughly be an excess of 200 pilots. Welp, guess I'm *********.
How many will bail before they take action with parking planes? An excess of 200 really isn't much, and by the time they did anything, I doubt there will be an excess. Combine that with the lack of new pilots to hire industry wide, and I seriously doubt there will be any furloughs.
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Old 02-26-2016 | 07:25 AM
  #190  
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Originally Posted by Systemized
Republic has 30 E175s flying for Delta. At one point in time, I believe Republic and Delta extended the the contract and was supposed to add 6-7 additional E175s.
They have 25; 15 175's and 10 170's, the addition was to be another 9.
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