Republic after the contract
#561
Gets Weekends Off
Joined APC: Jul 2011
Posts: 894
Management and the ibt are being VERY transparent. Right now things are looking good. I see no reason why that will change. This bk was initiated because of the emb145 program (mainly). The labor contracts will not be touched. Keep your chins up my RAH brethren. In the long run, this bk will lead to a better, new beginning!
Plenty of us on this forum have been through this BK process before at multiple different airlines. We all heard the same BS lines from management and we all paid the price, suffered stagnation, shrinkage, cuts, and "difficult decisions" that had to be made. You think RAH is somehow magically different and you are hearing things we haven't all heard before? Lol. This is why people keep warning you.
AAG had billions of dollars in the bank with their sham bankruptcy.
BTW- Of course they are telling you whatever you want to hear, they don't want a mass exodus of rats bailing off the ship all at once. Think about it.
#562
Gets Weekends Off
Joined APC: Sep 2010
Posts: 2,648
So what in your opinion makes Repubic viable in the future? I would think that even if they leave the contract alone there will be little, if any, forward movement for a couple of years after exiting bankruptcy?
#564
Gets Weekends Off
Joined APC: Jul 2010
Posts: 3,210
"Those that ignore history are doomed to repeat it".
Plenty of us on this forum have been through this BK process before at multiple different airlines. We all heard the same BS lines from management and we all paid the price, suffered stagnation, shrinkage, cuts, and "difficult decisions" that had to be made. You think RAH is somehow magically different and you are hearing things we haven't all heard before? Lol. This is why people keep warning you.
AAG had billions of dollars in the bank with their sham bankruptcy.
BTW- Of course they are telling you whatever you want to hear, they don't want a mass exodus of rats bailing off the ship all at once. Think about it.
Plenty of us on this forum have been through this BK process before at multiple different airlines. We all heard the same BS lines from management and we all paid the price, suffered stagnation, shrinkage, cuts, and "difficult decisions" that had to be made. You think RAH is somehow magically different and you are hearing things we haven't all heard before? Lol. This is why people keep warning you.
AAG had billions of dollars in the bank with their sham bankruptcy.
BTW- Of course they are telling you whatever you want to hear, they don't want a mass exodus of rats bailing off the ship all at once. Think about it.
#565
Gets Weekends Off
Joined APC: Dec 2007
Position: Emb 170/175 FO
Posts: 272
"Those that ignore history are doomed to repeat it".
Plenty of us on this forum have been through this BK process before at multiple different airlines. We all heard the same BS lines from management and we all paid the price, suffered stagnation, shrinkage, cuts, and "difficult decisions" that had to be made. You think RAH is somehow magically different and you are hearing things we haven't all heard before? Lol. This is why people keep warning you.
AAG had billions of dollars in the bank with their sham bankruptcy.
BTW- Of course they are telling you whatever you want to hear, they don't want a mass exodus of rats bailing off the ship all at once. Think about it.
Plenty of us on this forum have been through this BK process before at multiple different airlines. We all heard the same BS lines from management and we all paid the price, suffered stagnation, shrinkage, cuts, and "difficult decisions" that had to be made. You think RAH is somehow magically different and you are hearing things we haven't all heard before? Lol. This is why people keep warning you.
AAG had billions of dollars in the bank with their sham bankruptcy.
BTW- Of course they are telling you whatever you want to hear, they don't want a mass exodus of rats bailing off the ship all at once. Think about it.
RAH isn't different, but the times and the circumstances of the filling most certainly are.
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#566
Gets Weekends Off
Joined APC: Sep 2010
Posts: 2,648
Why are the circumstances for filing different? To me it looks like every other airline bankruptcy in that they all shed unprofitable leases and restructure their contracts? Look at American for example. They filed with billions in capital. If by different circumstances you mean leaving the pilot contract untouched, that would be the only difference
#567
Gets Weekends Off
Joined APC: Apr 2014
Posts: 163
I just think it's funny that some think that a CEO who did everything he could to **** off his pilot group, now all of a sudden doesn't want to do anything to upset them? This is a guy who told his pilots to save their coffee money so they didn't need a raise. Now he is going to be the one that goes to bat that they can't take a paycut??
I agree that any modification to the pilot contract will be the final nail in the coffin, but the fact is that BB waited too long to do the right thing. Their profit was inflated by getting cancel pay from their partners and keeping the money from their pilots. So now they dump the unprofitable flying and focus on the 175 contracts. Okay great. But BB has still shown that he is an inept CEO and even with only flying the 175, will find a way to line his pockets while preaching financial frugality to his minions. His lack of ethics will come around and I hope that the judge approves whatever plan to reorganize with the condition that he is not at the helm.
I agree that any modification to the pilot contract will be the final nail in the coffin, but the fact is that BB waited too long to do the right thing. Their profit was inflated by getting cancel pay from their partners and keeping the money from their pilots. So now they dump the unprofitable flying and focus on the 175 contracts. Okay great. But BB has still shown that he is an inept CEO and even with only flying the 175, will find a way to line his pockets while preaching financial frugality to his minions. His lack of ethics will come around and I hope that the judge approves whatever plan to reorganize with the condition that he is not at the helm.
If the company IS restructured and exits out the other side to live on, mark my words, BB will not be at the helm, or he will be replaced shortly thereafter. He'll get a golden parachute, but he will exit stage left, laughing all the way to the bank. It's just how it works. Probably better for all parties involved.
#568
Banned
Joined APC: Oct 2014
Posts: 2,137
Sounds like RAH is now contacting ex pilots and telling them they can come back to RAH if they want with their full seniority in tact. My understanding is they have extended this offer to pilots who have left now six months ago.
I can't imagine them having much success with this though?
I can't imagine them having much success with this though?
#569
Gets Weekends Off
Joined APC: Dec 2007
Position: Emb 170/175 FO
Posts: 272
Sounds like RAH is now contacting ex pilots and telling them they can come back to RAH if they want with their full seniority in tact. My understanding is they have extended this offer to pilots who have left now six months ago.
I can't imagine them having much success with this though?
I can't imagine them having much success with this though?
This is allowed under our new CBA. If you have been gone for less than 12 months at a U.S. Air Carrier flying aircraft larger than 86 seats or a cargo carrier over 100,000 lbs, you can return with your seniority intact, but you can't displace another pilot.
However, I have not heard anything about management calling people up asking them to come back. The training pipeline is so backed up with newhires and transitions from other airframes that they really don't have room to train them for an immediate return to the line.
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#570
Gets Weekends Off
Joined APC: Jan 2015
Posts: 504
This is allowed under our new CBA. If you have been gone for less than 12 months at a U.S. Air Carrier flying aircraft larger than 86 seats or a cargo carrier over 100,000 lbs, you can return with your seniority intact, but you can't displace another pilot.
However, I have not heard anything about management calling people up asking them to come back. The training pipeline is so backed up with newhires and transitions from other airframes that they really don't have room to train them for an immediate return to the line.
Sent from my iPhone using Tapatalk
However, I have not heard anything about management calling people up asking them to come back. The training pipeline is so backed up with newhires and transitions from other airframes that they really don't have room to train them for an immediate return to the line.
Sent from my iPhone using Tapatalk
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