Quote:
There's just no good options for Republic. Someone has to be first.
I can't believe how many people think that RJET can't survive even with what the pilots are demanding.Originally Posted by FirstClass
What's the advantage to being released? Speeding up the demise of the airline? With or without a contract, with or without bankruptcy, with or without a strike, the end result is the same I'm afraid.There's just no good options for Republic. Someone has to be first.
The company has one of the best EBITAs in the entire business...worldwide. If everything was working properly (and it will if they just agree to a decent contract) the company would easily be pulling in at least $40 Million a quarter....and that's a BARE minimum.
That's a pretty damned good margin for an airline and that'll keep all interested parties happy. This bankruptcy threat is meant to scare the uniformed and uneducated....do not be fooled.