Republic Airways gets a big dose of bad news
#131
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
The company has one of the best EBITAs in the entire business...worldwide. If everything was working properly (and it will if they just agree to a decent contract) the company would easily be pulling in at least $40 Million a quarter....and that's a BARE minimum.
That's a pretty damned good margin for an airline and that'll keep all interested parties happy. This bankruptcy threat is meant to scare the uniformed and uneducated....do not be fooled.
#132
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
Just shut up, woman.
#133
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
Anyone with a brain realizes that is the definition of an impasse and a union with any marbles would file suit to get released.
#134
Line Holder
Joined APC: Dec 2014
Posts: 57
Briefing.com: "...6:29 pm Republic Airways announces it received a meeting request from the National Mediation Board (RJET) : Co announces it received notification from the National Mediation Board ("NMB") requesting the Company meet with the NMB on Sept. 16, 2015, in Washington, D.C. "As our case remains under the control of the NMB, the Company intends to fully comply with the request of the mediator. Although the International Brotherhood of Teamsters has deferred a vote by our Pilots, our proposed contract remains on the table, and we continue to believe the appropriate next step is for the Union to abide by its constitution and let our Pilots vote on their own future. A week ago, we offered to meet with the elected leadership of the Union to discuss their language concerns in the proposed contract. To our dismay, there has been no response from the Union leadership to this invitation as a way to collaboratively bring this process to a close..."
#135
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
Briefing.com: "...6:29 pm Republic Airways announces it received a meeting request from the National Mediation Board (RJET) : Co announces it received notification from the National Mediation Board ("NMB") requesting the Company meet with the NMB on Sept. 16, 2015, in Washington, D.C. "As our case remains under the control of the NMB, the Company intends to fully comply with the request of the mediator. Although the International Brotherhood of Teamsters has deferred a vote by our Pilots, our proposed contract remains on the table, and we continue to believe the appropriate next step is for the Union to abide by its constitution and let our Pilots vote on their own future. A week ago, we offered to meet with the elected leadership of the Union to discuss their language concerns in the proposed contract. To our dismay, there has been no response from the Union leadership to this invitation as a way to collaboratively bring this process to a close..."
#136
Gets Weekends Off
Joined APC: Sep 2008
Posts: 1,075
I believe a significant number of RAH guys would strike just out of spite. I believe that sentiment is justified.
I don't believe BB & Co could care less.
Glad to be gone.
I don't believe BB & Co could care less.
Glad to be gone.
Last edited by Hetman; 09-09-2015 at 09:37 PM.
#137
Banned
Joined APC: Oct 2014
Posts: 2,137
I can't believe how many people think that RJET can't survive even with what the pilots are demanding.
The company has one of the best EBITAs in the entire business...worldwide. If everything was working properly (and it will if they just agree to a decent contract) the company would easily be pulling in at least $40 Million a quarter....and that's a BARE minimum.
That's a pretty damned good margin for an airline and that'll keep all interested parties happy. This bankruptcy threat is meant to scare the uniformed and uneducated....do not be fooled.
The company has one of the best EBITAs in the entire business...worldwide. If everything was working properly (and it will if they just agree to a decent contract) the company would easily be pulling in at least $40 Million a quarter....and that's a BARE minimum.
That's a pretty damned good margin for an airline and that'll keep all interested parties happy. This bankruptcy threat is meant to scare the uniformed and uneducated....do not be fooled.
#138
You are referring to my predictions, I'm just telling you what i heard (don't shoot the messenger).
The problem with rich kids like you is that mommy and daddy spoiled their lil angel so much, that he can't handle somdone dare talking back to him.
My "credibly " is just fine, thank you.
#139
You're wasting your time arguing with today's product.
#140
Bottom line is you can't run an airline if you can't staff it. If FO's are going to bail out it's only a matter of time before the flight decks are filled with 2 Captains and then you better hope something changes and fast.
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