Republic after the contract
10-21-2016 | 06:00 PM
#1621
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Joined: Jun 2014
Posts: 923
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10-21-2016 | 06:19 PM
#1622
Gets Weekends Off
Joined: Dec 2006
Posts: 629
Likes: 0
From: Reclined seat
I think I found your source.
http://www.otcmarkets.com/edgar/GetF...ingID=11372686
That's a quarterly report for the first quarter 2016. (verification: search for an exact match on the paragraphs you quoted). There's been a lot of water under the bridge since then. Are we out of Chapter 11? No. Do things look as bleak now as they did in Q1 2016? Hardly. Has the pilot contract successfully survived Chapter 11? Thus far. While the concerns mentioned in your carefully picked quotes are worth considering, they are greatly out of date in the context of where the bankruptcy is today.
http://www.otcmarkets.com/edgar/GetF...ingID=11372686
That's a quarterly report for the first quarter 2016. (verification: search for an exact match on the paragraphs you quoted). There's been a lot of water under the bridge since then. Are we out of Chapter 11? No. Do things look as bleak now as they did in Q1 2016? Hardly. Has the pilot contract successfully survived Chapter 11? Thus far. While the concerns mentioned in your carefully picked quotes are worth considering, they are greatly out of date in the context of where the bankruptcy is today.
https://www.sec.gov/Archives/edgar/d...tr10q20161.htm
Latest filing with the SEC for the last quarter. Signed 2 days ago by Mr. Bedford himself. This is for the quarter ending Sep 30th, 2016.
Maybe this is a standard, canned remark that they put into all SEC filings that are currently in C.11, but still strikes me as crazy that management wouldn't have faith (Bedford pun) in the future of the company.
10-21-2016 | 06:34 PM
#1623
Line Holder
Joined: Sep 2015
Posts: 761
Likes: 7
https://www.sec.gov/Archives/edgar/d...tr10q20161.htm
Latest filing with the SEC for the last quarter. Signed 2 days ago by Mr. Bedford himself. This is for the quarter ending Sep 30th, 2016.
Maybe this is a standard, canned remark that they put into all SEC filings that are currently in C.11, but still strikes me as crazy that management wouldn't have faith (Bedford pun) in the future of the company.
Latest filing with the SEC for the last quarter. Signed 2 days ago by Mr. Bedford himself. This is for the quarter ending Sep 30th, 2016.
Maybe this is a standard, canned remark that they put into all SEC filings that are currently in C.11, but still strikes me as crazy that management wouldn't have faith (Bedford pun) in the future of the company.
That's exactly what it is. It's a canned remark. It's in every single filing and does not match the rest of the document. Emergence from ch 11 is already planned and as noted above, so is the return of parked aircraft. Nice try attempting to scare people. I'm gonna go look up things I don't fully understand and post them in your regionals forum.
10-21-2016 | 06:53 PM
#1624
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Joined: Oct 2016
Posts: 78
Likes: 0
From: FO
I start class next week. I am looking for ORD base , I will let you know when I get it . May be too late by than ,but it will be helpful for other people looking for Chicago as a base.
10-21-2016 | 07:17 PM
#1625
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Joined: Sep 2016
Posts: 49
Likes: 0
10-22-2016 | 05:34 AM
#1626
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Joined: Jun 2011
Posts: 1,150
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That's an article from early this year when we first entered chap 11. Things have changed substantially since then, agreements have been reached and will be emerging from chap 11 within 3 months. At this point, all that scare and alarmist BS can be ignored.
RAH is again a growing and viable concern. Qtr 3 income was way up over last year etc etc.
Oh and the second installment of our signing bonus from TA2015 will be deposited in our accounts within a week. This in spite of the naysayers saying our contract would be gutted and we would receive no bonuses whilst in chap 11.
Quarterly performance bonuses were deposited two weeks ago and I also received my quarterly attendance incentive pay.
Long and short: don't listen to Trump...errr, alarmists that don't even work here. They know not what they speak of.
Last edited by Geardownflaps30; 10-22-2016 at 05:45 AM.
10-22-2016 | 06:21 AM
#1629
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Joined: Jun 2014
Posts: 923
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10-22-2016 | 06:24 AM
#1630
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Joined: Nov 2015
Posts: 142
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It is single occupancy and for the first month you get $1600 (not 100% sure if it is $1600 or $1800 because we haven't received ours yet) and then every month after that is MMG. If you are eligible for a sign on bonus you will get that within the first 30 days as well. My class started on the 18th and we have over 20 people in class. It seems like most of the classes have been pretty full.
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