When I interviewed a month and a half ago they told us they were parking the older E170s with the hope of bringing them back on new lease/financing agreements when staffing would allow it.

Regardless, everything remains headed in the correct direction.

 

*drops mic*

Filler.

 

Can anyone explain the flight benefits a little more?

I've read and heard that Republic has the "worst benefits in the industry," in terms of priority, etc. Is there truth to that? My understanding is that you will have all 3 majors by the end of the year and can list 2 travel companions on united, and 1 on AA. Family for all 3.

 

PMed you, good luck

 

I think this one was an obvious one when EVY rescinded their 175 ORD base bid. American can see it is going to struggle to staff it's WO regionals going forward. I'm sure at this point they are thinking strongly of diversifying to some extent. And possibly looking to shed flying in some markets/airframes.

 

Another article with additional details.

American Air Deal Removes Hurdle to Republic's Bankruptcy Exit - Bloomberg

American Air Deal Removes Hurdle to Republic’s Bankruptcy Exit
Mary Schlangenstein
Schlangenstein


September 2, 2016 — 6:05 PM EDT

• Pact complements earlier agreements with Delta and United
• Accord provides $250 million unsecured claim to American

Republic Airways Holdings Inc. reached a deal to continue providing regional flights for its largest customer, completing its third pact with the biggest U.S. carriers and removing an obstacle on the path to exiting bankruptcy.

The agreement with American Airlines Group Inc. is critical because the world’s largest carrier accounts for about half of Republic’s revenue, the bankrupt regional airline said in a court filing Friday. While the accord will initially reduce Republic’s flying for the airline, there’s an option to increase it with American’s consent.

“The comprehensive commercial settlement and claims resolution with American is a major achievement for the debtors that clears the pathway for a successful emergence from Chapter 11,” Republic said in the filing. The agreement must be approved by U.S. Bankruptcy Court Judge Sean Lane.

The number of aircraft Republic will operate for American, and options for more in the future, were redacted from the legal filing. American will receive a $250 million unsecured bankruptcy claim as part of the settlement, Republic said in a statement. The Indianapolis-based carrier earlier reached agreements to continue operating flights for Delta Air Lines Inc. and United Continental Holdings Inc.

Under the latest deal, American will pay to reconfigure some Embraer E175 aircraft operated by Republic to have 76 seats instead of 80, making them consistent with the rest of the bankrupt carrier’s fleet and in compliance with pilot contracts at its larger partners. As of July 31, Republic was making about 470 daily flights for American, 280 for United and 225 for Delta, according to the court filing.

The regional airline, which ferries passengers from smaller cities to hub airports, sought court protection from creditors in February after struggling with a shortage of pilots. Republic secured a new contract with its workers in 2015 but was unable to negotiate deals with the larger airlines at that time to help cover costs of higher pilot pay.

The case is In re Republic Airways Holdings Inc., 16-10429, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

 

Now in English please

 

I have been trying to figure this out too. Any info would be great!

 

If you went back few more pages , you will find that information to the greatest detail.

 

In that case you haven't seen that many Ch.11 filings.