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Republic exits bankruptcy

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Old 05-01-2017 | 04:15 AM
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Default Republic exits bankruptcy

https://finance.yahoo.com/news/repub...111530757.html

Why is Republic to remain a private company?
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Old 05-01-2017 | 04:39 AM
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Hooray!

No idea, someone smarter than me can answer your question.
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Old 05-01-2017 | 05:44 AM
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Republic Airline Inc. Is now owned in the form of common shares by American, United, Delta and the former Unsecured Creditors Committee. With the airlines owning 63%, UCC 37%. The Board of Directors has changed in which Bedford is no longer the Chairman.


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Old 05-01-2017 | 11:02 AM
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No pilot was laid off, no pilot took pay cuts, hiring never stopped (still not good enough though), we didnt close all bases....

I am still shivering at the doomsday scenarios a few economy professors on here predicted for us...
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Old 05-01-2017 | 11:06 AM
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Originally Posted by cf105
No pilot was laid off, no pilot took pay cuts, hiring never stopped (still not good enough though), we didnt close all bases....

I am still shivering at the doomsday scenarios a few economy professors on here predicted for us...

Paycuts? You make crap as it is.
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Old 05-01-2017 | 11:29 AM
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Originally Posted by say again
paycuts? You make crap as it is.
🙄🙄🙄🙄🙄🙄🙄🙄🙄🙄
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Old 05-01-2017 | 12:53 PM
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Originally Posted by say again
Paycuts? You make crap as it is.
Sorry we can't all be at mainline 😂
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Old 05-01-2017 | 01:16 PM
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Originally Posted by tom11011
https://finance.yahoo.com/news/repub...111530757.html

Why is Republic to remain a private company?
Because that's how they decided to reorganize it and the plan was accepted by the court.

Now, what are the advantages to doing that?? Many many theories, several which involve aluminum foil hats.
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Old 05-01-2017 | 01:39 PM
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Originally Posted by tom11011
https://finance.yahoo.com/news/repub...111530757.html

Why is Republic to remain a private company?
No more pesky shareholders looking our your shoulder. and as a added benefit, much more difficult for the local to see your financials during contract time.
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