S let me get this straight. Republic management has been getting pilots to fly under a 10 year contract and they still can't make money?
What makes them think they can make money if the pilots sign a new industry neutral one?
Actually not that hard to think about. You can make that much money on first year pay at the majors when you factor in their 15-16% retirement plans. $115-$130 an hour on second year pay.
If Republic wants to stay alive, they can raise all pay scales $10k-$20k/year.
If they want to survive, they should raise labor costs by over half their annual revenue?
If they want to survive, they should raise labor costs by over half their annual revenue?
Well considering half their revenue would still be higher margins than any other regional, and most majors...I think they would be just fine. Its not going to happen, mind you, but it's not crazy to ask for it.
Well, at least for pay. I can see going to the bottom of a new airline's seniority list when you change jobs. But you should be able to start at their contract longevity rate.
What you are describing exist in trade unions. Equal work equal pay. Once off probation all FO's make the same and all Captains make the same. Now ask your self who wouldn't like that and who runs the local?
06-01-2016
AIRLINE
