Republic after the contract
#401
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
Such posts are perpetuated by the same ignoramuses who say Endeavor is nothing more than Pinnacle-Colgan-Mesaba in a different color dress, or that Silver is just Gulfstream in disguise. The airline industry is very fluid. I've worked in it since the 80's. I don't remember a time when it was not turbulent. The players come and go. AAG was once the darling of the industry. United was a gem. Just look at both of them now struggling to stay alive. The industry laughed at PeoplExpress. Meanwhile, all the airlines are now making billions on a similar business model.
My point is, when an airline has a significant management change, signs a new labor contract, or restructures its finances, it is not necessarily the "same" airline.
My point is, when an airline has a significant management change, signs a new labor contract, or restructures its finances, it is not necessarily the "same" airline.
#402
Currently Furloughed
Joined APC: Mar 2014
Position: C172 Captain
Posts: 643
http://www.forbes.com/sites/kathryncreedy/2016/01/27/regional-airlines-more-communities-threatened-as-partners-shift-flying-to-mainline/#3a837c75228b
#403
SkyWest is reducing its fleet by 50% over the next 3 years. How is that "plenty of growth"? Sounds like the opposite to me.
Forbes Welcome
Forbes Welcome
#404
Gets Weekends Off
Joined APC: Aug 2014
Posts: 613
SkyWest is reducing its fleet by 50% over the next 3 years. How is that "plenty of growth"? Sounds like the opposite to me.
Forbes Welcome
Forbes Welcome
She sees the industry consolidating with SkyWest an obvious winner. Ominously, however, the fate of Republic Airways, the only other publicly held regional airline, remains to be seen as reported in this Forbes story.
The 50% is SkyWest Inc that includes ASA and XJet. 50 seaters are going away, and better contracts are being signed for 70 seats. SW is stockpiling pilots and waiting to grab flying from those airlines that can't staff it.
Trust me, I don't agree with the way a lot of things are done here. But BB has shown his incompetence with managing Republic and taking the stock from around $15 per share to around $2 over the last year. If it were me just starting out, I wouldn't ignore the way management at Republic has treated their pilot group for the past 10 years and just focus on what it has been like over the past couple months. But that is just my opinion.
#405
Gets Weekends Off
Joined APC: Aug 2005
Posts: 3,707
so you're for shaft ejt/asa to benefit skw pilots. 50 percent is 50 percent no matter where it comes from. 50 percent reduction from wherever it comes is still 50 percent less profits. skw can stock pile pilots all it wants, all that means is that they are expecting to lose pilots in hoards. skw balance sheet wont support indefinite paying pilots to be just stock piled.
#406
Gets Weekends Off
Joined APC: Feb 2015
Posts: 127
so you're for shaft ejt/asa to benefit skw pilots. 50 percent is 50 percent no matter where it comes from. 50 percent reduction from wherever it comes is still 50 percent less profits. skw can stock pile pilots all it wants, all that means is that they are expecting to lose pilots in hoards. skw balance sheet wont support indefinite paying pilots to be just stock piled.
#407
Doesn't matter which of their 3 airlines is profitable or not, overall, it seems that things are not that hunky dory since they have to cut down up to 50% of their fleet and sacrifice/lay off pilots who go along with it, whatever certificate is on the hat, in order to make profit. Doesn't matter if it's SKW, ASA or Xjets, it's all the same group. Killing my sick cow and keeping my 2 healthy ones, doest make me a good farmer, I somehow didn't manage to keep the 3 of them healthy. Just delaying the infection to the other 2. Not a very positive outlook.
#408
unless we go through another major catastrophic financial crisis resulting in drastic reduction in business and leisure travel and the closures of airlines and airports.
But, since it's been predicted for the past 10 years... it will happen one day
#409
Gets Weekends Off
Joined APC: Oct 2006
Posts: 2,847
Oh that mantra of APC. Until the major have the financial and physical means to absorb and handle the entire flights taken care by the regionals today... a lot of water can pass under the bridge. 5 years seems pretty optimistic.
unless we go through another major catastrophic financial crisis resulting in drastic reduction in business and leisure travel and the closures of airlines and airports.
But, since it's been predicted for the past 10 years... it will happen one day
unless we go through another major catastrophic financial crisis resulting in drastic reduction in business and leisure travel and the closures of airlines and airports.
But, since it's been predicted for the past 10 years... it will happen one day
Everywhere else seems like a shell game with mainline moving chess pieces to whomever can staff it right now, then moving again when staffing is a problem. Between UAL, DL, and WN alone there's going to be around 2600 or so hired THIS YEAR. That's more than the RAH list alone. It's happening.
Thread
Thread Starter
Forum
Replies
Last Post