Search
Notices
Trans States Airlines Regional Airline

TSA merger

Thread Tools
 
Search this Thread
 
Old 01-24-2018, 07:31 PM
  #51  
2 days off
 
minimwage4's Avatar
 
Joined APC: Jun 2009
Position: Embraer Systems Analyst
Posts: 1,853
Default

Originally Posted by FlyingKat View Post
Generally agree with you except I think Gojet pilots will go with the planes to EDV.
How would that be possible unless Endeavor buys them. Rah would need every pilot they can get.
minimwage4 is offline  
Old 01-24-2018, 07:42 PM
  #52  
Gets Weekends Off
 
Joined APC: Oct 2011
Position: Taco Rocket Operator
Posts: 2,485
Default

Originally Posted by minimwage4 View Post
How would that be possible unless Endeavor buys them. Rah would need every pilot they can get.
Delta is the one in the background pulling the strings, and wants the Delta 700s at Endeavor with the pilots. What's to keep Endeavor from buying Gojet as part of the deal, or buying Gojet from Republic. Lots of ways that could happen if its what Delta wants.
FlyingKat is offline  
Old 01-24-2018, 08:16 PM
  #53  
Gets Everyday Off
 
TransWorld's Avatar
 
Joined APC: Aug 2016
Position: Relaxed
Posts: 6,949
Default

Originally Posted by CBreezy View Post
I highly doubt you see anything approaching $200/hr at a regional..the flying will come back to mainline long before that happens.
Agreed. I am going to pull out my crystal ball again. When will regional flying come back to the mainline?

If it is just based on pilot costs, I think a good rate would be close to what AA pays for its mainline Group I (E190) Pilots. That is 65% of their Group II (B737/A320 etc).

They pay E190 Pilots 2nd Year FO $86 and year 12 CA $170.

Endeavor pays its Pilots 2nd Year FO $59 and year 12 CA $114.

That is 45% more than Endeavor’s current rates. (I am going to guess the trigger point might be about 35% more.)

There may be some other trigger point, but my crystal ball says this would make sense in terms of Pilot pay.
TransWorld is offline  
Old 01-24-2018, 08:41 PM
  #54  
Gets Weekends Off
 
Joined APC: Jul 2013
Posts: 10,067
Default

Originally Posted by TransWorld View Post
Agreed. I am going to pull out my crystal ball again. When will regional flying come back to the mainline?

If it is just based on pilot costs, I think a good rate would be close to what AA pays for its mainline Group I (E190) Pilots. That is 65% of their Group II (B737/A320 etc).

They pay E190 Pilots 2nd Year FO $86 and year 12 CA $170.

Endeavor pays its Pilots 2nd Year FO $59 and year 12 CA $114.

That is 45% more than Endeavor’s current rates. (I am going to guess the trigger point might be about 35% more.)

There may be some other trigger point, but my crystal ball says this would make sense in terms of Pilot pay.
Except it is way more than pilot costs. Endeavor and the other WO are at a distinct advantage over the subcontractor counterparts. Their mainline owner essentially covers a lot of the overhead associated with running a business. If pilot costs got even remotely close to mainline rates, the flying would be more expensive than mainline operating it themselves.
CBreezy is offline  
Old 01-24-2018, 08:56 PM
  #55  
Gets Everyday Off
 
TransWorld's Avatar
 
Joined APC: Aug 2016
Position: Relaxed
Posts: 6,949
Default

Originally Posted by CBreezy View Post
Except it is way more than pilot costs. Endeavor and the other WO are at a distinct advantage over the subcontractor counterparts. Their mainline owner essentially covers a lot of the overhead associated with running a business. If pilot costs got even remotely close to mainline rates, the flying would be more expensive than mainline operating it themselves.
Agreed. There are many more things associated with flying and administering a subcontractor than just pilot pay. But looking at the rate comparisons, perhaps 35% more than Endeavor (which is about 10% less than what the majors are paying for comparable flying today) would be the price point where it just doesn’t make sense to outsource to another company.

Takeaway - It is not there yet, but the way pay has been jumping up, it may only be a few years away. Time will tell.

I will be willing to bet in just a few years the regionals will not look anything like they do today.

Consolidation of companies, fewer pilots flying at the regionals, a lower percentage of 50 seat metal, and a chunk of the ‘regional’ type flying by the majors themselves. Some or all of these will come to pass.
TransWorld is offline  
Old 01-25-2018, 06:02 PM
  #56  
Gets Weekends Off
 
yeah sure's Avatar
 
Joined APC: Jul 2011
Position: emb145 cpt
Posts: 179
Default

Big money for Hulas to walk away. If we look at history the company out of bankruptcy usually gets bought.
yeah sure is offline  
Old 01-25-2018, 06:53 PM
  #57  
Gets Weekends Off
 
Joined APC: Oct 2016
Position: furloughed
Posts: 430
Default

My money is on Republic buying TSH, selling off the GoJet 700's to Endeavor phasing out the 145's and transitioning all pilots over to the 170/175. And if Bedford really is on his way out at Republic maybe when this all shakes out and whoever is buying whoever is done Rick Leach will be the new head at Republic and that is why he has been seen in IND!?!

Hulas rides into the sunset with a fist full of cash!
jungle driver is offline  
Old 01-25-2018, 07:40 PM
  #58  
ALL Days Off
 
Rotor2prop's Avatar
 
Joined APC: Dec 2010
Posts: 385
Default

Originally Posted by jungle driver View Post
My money is on Republic buying TSH, selling off the GoJet 700's to Endeavor phasing out the 145's and transitioning all pilots over to the 170/175. And if Bedford really is on his way out at Republic maybe when this all shakes out and whoever is buying whoever is done Rick Leach will be the new head at Republic and that is why he has been seen in IND!?!

Hulas rides into the sunset with a fist full of cash!
I think Delta owns the 700s that GoJet operates.
Rotor2prop is offline  
Old 01-25-2018, 07:55 PM
  #59  
Gets Weekends Off
 
Joined APC: Oct 2016
Position: furloughed
Posts: 430
Default

Originally Posted by Rotor2prop View Post
I think Delta owns the 700s that GoJet operates.
well if thats the case then they are just given to EV either way that is likely where they end up.
jungle driver is offline  
Old 01-27-2018, 09:56 AM
  #60  
Gets Weekends Off
 
Joined APC: Sep 2010
Posts: 2,648
Default

Originally Posted by NeverHome View Post
Not disagreeing, but I suspect for the right price and/or conditions TSH would be ok with a piece being sold off.

All that said, who knows what is really going on?
Compass and GoJet don’t need to be sold. Delta owns the Delta 175’s. So they just have to be patient and wait for the contract to come up for renewal and then just not renew it. A plan for a slow equity transfer could be set up months ahead of time. The same thing for GoJet. Delta also owns the Delta 700’s. Also, why would Delta want to buy Compass or Gojet when Compass also flies for American and Gojet for United?
gojo is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Ferd149
Mergers and Acquisitions
117
11-08-2023 07:41 AM
cactiboss
American
35
09-03-2013 06:27 AM
APC225
United
92
12-22-2012 04:29 AM
skippy
GoJet
14
05-14-2009 11:12 AM
skippy
GoJet
4
05-11-2009 08:55 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices