Quote:
Originally Posted by fisherman
hey i heard you guys may be getting better pay rates with a 9-year pay scale for FOs. Is there any truth to this? it would sure be nice if it is to give us some leverage at Eagle, since our company is proposing to destroy our contract, chopping us to a 4-year payscale, and threatening to Comair us if we refuse. Anyone at Republic have any info if you guys are close to getting any improvements?
Right now, BB and WH are in a hurry to get a contract done for some reason. The company hired an arbitrator and managed to TA at least one section (the first one in at least 6 years). They are negotiating 5 days a week since the start of December but with the Airline Division and not our local. Everyone is uneasy as to what we will see come of this but no one has any real clue as to what it will be.
There has been an interesting development with our BOD:
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 16, 2013
Republic Airways Holdings Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
000-49697 06-1449146
(Commission File Number) (IRS Employer Identification No.)
8909 Purdue Road
Suite 300
Indianapolis, IN 46268
(Address of principal executive offices) (Zip Code)
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 16, 2013, Richard P. Schifter resigned from his position as a director and the lead independent director on the Board of Directors of Republic Airways Holdings Inc. (the "Company"). As previously reported on the Company’s Form 8-K filed on June 11, 2013, Mr. Schifter had notified the Company of his intention to resign from his position on the Board of Directors of the Company following consummation of the merger of US Airways Group Inc. and AMR Corp.
On December 16, 2013, the independent members of the Board of Directors of the Company unanimously elected Mr. Neal Cohen as lead independent director.
The Board of Directors also unanimously elected Daniel P. Garton as a director of the Company effective January 3, 2014. Mr. Garton, age 56, is the President and Chief Executive Officer of American Eagle Airlines. Mr. Garton will receive compensation for his service as a non-employee director of the Company pursuant to the Company's compensation program for non-employee directors.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
REPUBLIC AIRWAYS HOLDINGS INC.
By: /s/ Timothy P. Dooley
Name: Timothy P. Dooley
Title:
Executive Vice President and Chief Financial Officer
Dated: December 20, 2013