Republic/TSA Merger?
#21
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
#22
Gets Weekends Off
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
They never officially signed a purchase order for the 100 aircraft. The Letter of Intent isn’t a purchase order, and we don’t know what the fine print on the Letter of Intent says. I’m not surprised we haven’t seen any additional info on this issue, because it’s a great recruiting tool. Worst case for republic is being over staffed on the FO side, which will correct itself in 6 months. Our FO attrition far outpaces our captain attrition. Consolidation could mean something besides acquisition...
BB really, really wants Compass so there is always a chance this could be revisited, but I don't think there is a chance in France he is going to fly the XRs long term, and Hulas won't sell unless he dumps it all. So unless something changes or UAL magically finds a way to get scope relief, the deal is dead.
#23
Gets Weekends Off
Joined APC: Feb 2017
Posts: 151
They never officially signed a purchase order for the 100 aircraft. The Letter of Intent isn’t a purchase order, and we don’t know what the fine print on the Letter of Intent says. I’m not surprised we haven’t seen any additional info on this issue, because it’s a great recruiting tool. Worst case for republic is being over staffed on the FO side, which will correct itself in 6 months. Our FO attrition far outpaces our captain attrition. Consolidation could mean something besides acquisition...
#24
Gets Weekends Off
Joined APC: Feb 2018
Posts: 579
All of this, including the MOU with TSA was conditional waiting on all the pieces to fall into place. Unfortunately for this deal UAL couldn't come through with the final piece that would allow replacement of the XRs so it all fell apart, for now.
BB really, really wants Compass so there is always a chance this could be revisited, but I don't think there is a chance in France he is going to fly the XRs long term, and Hulas won't sell unless he dumps it all. So unless something changes or UAL magically finds a way to get scope relief, the deal is dead.
BB really, really wants Compass so there is always a chance this could be revisited, but I don't think there is a chance in France he is going to fly the XRs long term, and Hulas won't sell unless he dumps it all. So unless something changes or UAL magically finds a way to get scope relief, the deal is dead.
#26
Currently Furloughed
Joined APC: Mar 2014
Position: C172 Captain
Posts: 643
Makes sense. The flip side of it (and the unknown) is what will happen as mainline retirements start accelerating. We're at the very beginning of the bell curve for that, and it stands to reason that as that starts picking up, there will be more rapid, organic movement through all of the regionals, and Republic will be no exception to that.
#27
I’m not trying to be a pessimist, but we’ve been hearing that for years. It’s like we’re all waiting for the second coming to happen. Most of the retirements are going to peak around 2023, with United being around 2027 (I think). Don’t get me wrong, I absolutely hope something happens, but when less than 10 pure-civilian pilots get hired at Delta from Republic so far in 2018, it’s not exactly easy to be optimistic.
#28
Currently Furloughed
Joined APC: Mar 2014
Position: C172 Captain
Posts: 643
AA announced they are hiring 1,000 in 2019. They have traditionally come pretty close to their goals. The WOs aren’t likely to increase the amount of pilots flowing for the immediate future (though that may change) so that means more off the street hires. AA is retiring over 75% of its current seniority list by 2032. Anyone hired in the next 4-5 years can expect a 3-5 year wait for right seat of a widebody and about 4-6 years to upgrade to CA on a narrow body...
#30
Line Holder
Joined APC: May 2018
Posts: 150
"In addition, the Company continues to work on finalizing its recent LoI signed at the Farnborough Airshow for 100 E175 aircraft for Republic Airways, with the expectation that a significant portion of these jets should enter the Company's backlog by the end of 2018."
https://www.prnewswire.com/news-rele...300734282.html
Also looks like Skywest backed out of its order of 100 175 E2's.
https://www.prnewswire.com/news-rele...300734282.html
Also looks like Skywest backed out of its order of 100 175 E2's.
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