It will happen. The courts will force it to happen. Good luck

 

LOL You sound just like a majority of the pilots at envoy when our Managers threaten to outsource all of our flying if we said NO. We laughed and said, it can't be done. We were wrong btw.

MBA graduates excel at trying to eat their cake and have it too. They may not touch your pay rates, but I could see them scraping away at QOL items that while having a real effect on your actual paycheck size, is not often noticed by new hire pilots. For instance, your By Leg Cancellation Guarantee will be knocked down to a 92% of Line Guarantee. To a new hire, it sounds like you still have a guarantee but in the real world, on practical terms, your 83 hr line will become 75 hrs again, month after month.

In the end, it will hurt your retention and recruitment but they will still do it, thinking that they will get away with it.

 

Ha ha, funny, as I said in an earlier post, that can be fine tuned later as needed. Bankruptcy sucks. It's the companies/lawyers job to come out as lean as possible. Sometimes they go too far, and the bankruptcy judge makes them change some things. I would for sure expect a 12/4 or a 12/6 longevity scale to be in line with Envoy at the very least with maybe keeping first year pay scales close to where they are now. I'm not trying to dash hopes here, but mainly cautioning all to prepare for the worst. Good luck

 

The goal is to exit bankruptcy stronger. Gutting a newly negotiated pilot contract that did in fact slow the hemoragging of pilots as well as increase the amount of new hiring would be counter productive. They would be right back in bankruptcy court in a year. The judge will be made to this.

This bankruptcy will be surgical. Drop all the old 145 and 400 contracts that are sitting around not being flown but costing money every month, drop delta altogether, and renegotiate United and American. United and American will have to decide if they want to continue or not, but that's on them. Alternatively, RAH could be bought and merged with another carrier.

 

Even in very recent years, it was a given that an 1113 would gut the pay rates. If they try to pull that today, this will rapidly turn from a CH11 to a CH7

 

You are living Ina fantasy land. No bankruptcy is surgical. They will try to negotiate with their partners and in the end they will come for the contract. They have to prove the companies path to the court and it's not going to happen on renegotiated CPA's.

I ask what company you think would want to purchase that disaster? Any that can afford it want nothing to do with it.

 

That's not true. The quickest bankruptcies on record are companies that did what is called a "prenegotiated bankruptcy". Although that doesn't apply here, all parties involved have much to gain if this is done right and much to lose if it is not.

Who would purchase? United would be my first thought although they are on record many times as having no interest in owning contract flying, but times change.

 

#1 United wants no part of owning regional.

#2 Why do you think they are willing to pay more for cpa's when there are others doing it for less.

 

How do you know this? Delta said they were not in the business of owning regional airlines. It wouldn't be that surprising if United follows suit. I don't think anyone on here has any clue how this is going to turn out.

 

The mainline partners have decided not to play nice. Republic has already attempted negotiating with the big three after the pilot contract was signed and they had a realistic estimate of what their costs would be.

None of the big 3 decided to play ball and help avoid a bankruptcy, that was the goal of the negotiations.

American has passed a pilot poaching bonus scheme specifically targeting republic pilots with prior 121 experience not coincidentally that aligned with republics bk filing.

This isn't going to be cut and dry, or clean. They already missed that boat. My opinion is that this isn't going to end well for republic pilots.

I don't know what is going to happen, but i wouldn't assume all is going to be fine and well. This bk filing will counteract the pilot contract in pilot retention/hiring effectiveness, and staffing could cause the company to spiral out of control. Planes that can't be operated will not be retained, that is for sure.