Originally Posted by Cujo665
(Post 1962549)
With or without this CBA that was likely to happen
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I just got a text from a friend that works at republic that said they just released them to strike. Can anyone confirm?
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Originally Posted by Mjm8710
(Post 1962598)
I just got a text from a friend that works at republic that said they just released them to strike. Can anyone confirm?
Not true Sent from my iPhone using Tapatalk |
Originally Posted by Mjm8710
(Post 1962598)
I just got a text from a friend that works at republic that said they just released them to strike. Can anyone confirm?
That being said, "released to strike" isn't proper terminology since release leads to a 30-day cooling off period, not directly to a strike. I also don't think that the NMB would move that fast. However, if this isn't an impasse, I have no idea what is. |
Disregard. He misunderstood I think and so did I.
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Originally Posted by Skyvector
(Post 1962496)
More like a Union that that some balls. That's the difference between having a real Union like the IBT and the clown show of an association the rest of us have in the form of ALPA and others.
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Originally Posted by FirstClass
(Post 1962425)
Republic is going to reorganize in bankruptcy court regardless of how the pilots vote. The great FO reshuffle is over. A new contract is great for the employees, but does nothing to attract new talent, there is no new pilots in the training pipeline, or at least not enough for Republic's needs.
Republic is going to shrink, and bankruptcy is the tool of choice to do just that. I don't know what you guys are expecting, but trust me this is how its going to play out. Republic is trying to avoid bankruptcy for one very simple reason. They own their aircraft. Yes, if they declare they can reorganize their contracts but they will have a very difficult time securing financing for anything later (look at Mesa using new 175s as parts planes in IAH because they cannot secure financing on parts due to their past bankruptcy). Also, since Republic owns their aircraft they can sell them to create ancillary cash in the future. Furthermore Republic had a subdivision of the company that acts as a financing/leasing company. In order to maintain this division they need to maintain their credit rating. A bankruptcy would greatly affect this. Overall, I would be surprised if bankruptcy was at the forefront of managements thought process. Sent from my SCH-I545 using Tapatalk |
Originally Posted by sqwkvfr
(Post 1962611)
To be clear, I really hope so.
That being said, "released to strike" isn't proper terminology since release leads to a 30-day cooling off period, not directly to a strike. I also don't think that the NMB would move that fast. However, if this isn't an impasse, I have no idea what is. I believe that there should be a vote. Or we could just keep going on and on like this. I think if this isn't solved by years end, the nc should be replaced. |
Originally Posted by Loon
(Post 1962650)
It wont be considered an impasse because RAH management is "leaving it on the table" for a vote.
I believe that there should be a vote. Or we could just keep going on and on like this. I think if this isn't solved by years end, the nc should be replaced. |
Originally Posted by Maingear
(Post 1962491)
Funny that just last year Republic was the #4 most profitable airlines. I;m not sure of they came up with the list, but I guess it wasn't accurate.
Seven U.S. carriers among the world?s most profitable airlines | | Dallas Morning News Republic Airways Holdings to report pretax margins of 2.5% to 3.0% for 2Q2015 | CAPA - Centre for Aviation |
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