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Originally Posted by F9 320
(Post 1144845)
In BB letter today he eluded to the future flying for Frontier.
" we believe the operating losses on the remaining ERJs and E190 in service at Frontier and the grounded RJs will more than offset the profits of our fixed fee flying. Of course this transfer of risk between the business segments does not affect the consolidated result, but it does mean that Republic will have to reconsider how much flying it may want to continue to perform under the Frontier codesharing relationship." you might have missed what he said during the Q4 conference call. He said the new way of billing the fixed fee for the fuel and aircraft not flying would not greatly effect the profitability of the fixed fee flying. This is the same shell game he used during the shuttle america purchase. He put all the saab leases from shuttle onto chautauqua to claim financial hardship and fire FO's out of seniority. Its all a game to convince the arbitrartor that he cant pay us a real salary. |
Originally Posted by Killer51883
(Post 1145775)
you might have missed what he said during the Q4 conference call. He said the new way of billing the fixed fee for the fuel and aircraft not flying would not greatly effect the profitability of the fixed fee flying. This is the same shell game he used during the shuttle america purchase. He put all the saab leases from shuttle onto chautauqua to claim financial hardship and fire FO's out of seniority. Its all a game to convince the arbitrartor that he cant pay us a real salary.
The pilots were fired out of seniority based on what equipment they were flying. This was all done years before the official Shuttle America purchase. This was done when Wexford bought S5. |
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