Any "Latest & Greatest" about Endeavor?
01-29-2018, 01:11 PM
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And they weren't ever going to get Endeavor or better. They aren't being bankrolled by Delta or United. In the end, they are still hamstrung by their CPAs which were renegotiated in BK to, at least in part, afford to pay the massive raises they received in their last round of negotiations.
01-29-2018, 01:13 PM
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And what's your point? They still aren't owned by the major partners. Haven't a stake in assets isn't anything like being owned. Endeavor is literally bankrolled by Delta.
01-29-2018, 01:29 PM
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01-29-2018, 01:29 PM
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Congratulations. Your 16+ year captains will have a higher hourly rate after a couple years. That must be what, 10 percent of your pilot group? Meanwhile, the rest of your CAs take a few years just to catch up to our rates and your FOs never will. And to top it all off, your management now has the ability to offer unlimited new hire bonuses and tuition reimbursement to pilots that aren't even on the property yet. With this TA, you guys completely squandered any negotiating capital you stood to gain if Republic started to struggle to attract new hires. That last item should have been a deal breaker no matter what the rates were. The vast majority of your group was sold out to the benefit of the very top of the list, and pilots who aren't even on property yet. What an embarrassment.
01-29-2018, 01:48 PM
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Congratulations. Your 16+ year captains will have a higher hourly rate after a couple years. That must be what, 10 percent of your pilot group? Meanwhile, the rest of your CAs take a few years just to catch up to our rates and your FOs never will. And to top it all off, your management now has the ability to offer unlimited new hire bonuses and tuition reimbursement to pilots that aren't even on the property yet. With this TA, you guys completely squandered any negotiating capital you stood to gain if Republic started to struggle to attract new hires. That last item should have been a deal breaker no matter what the rates were. The vast majority of your group was sold out to the benefit of the very top of the list, and pilots who aren't even on property yet. What an embarrassment.
Oh stop it with your nonsense grandstanding. Bonuses don't solve staffing issues. Just ask Trans States Airlines or GoJet, who is offering a $44,000 bonus and still can't fill classes. If the company needs to recruit, they will come to you the Union and negotiate better rates. This wasn't the "last shot." The apocalypse isn't starting. Honestly, if you want to see what "leverage" can get you, look at Mesa and the toilet paper that is their contract.
01-29-2018, 01:50 PM
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They are bankrolled by the profit received from the CPAs from all three airlines. Endeavor is bankrolled by the Delta mothership. Go back to business 101 if you are still confused by ownership stake and wholly-owned.
01-29-2018, 02:00 PM
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I’ll out business 101 you any day, ma’am. Must be that time of month. Republic is no longer held to terms of a capacity purchase agreement. They have no income. They have no valuation, assets on book, outstanding shares, P/E ratio nor have they filed a single regulatory statement in nearly a year. These reportable items which are compulsory to any publicly traded corporation must be complied with save for one small exception. Debtor-in-possession. But I’m sure you know this, you have to. As such, rjet is being operated under the possession clause and may exist under the bankroll of the legacy 3. I guess that’s 3 motherships, miss know-it-all. All of which make massive profits from ignorant bullies like you...and their employees.
01-29-2018, 02:13 PM
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Joined APC: Jul 2013
Posts: 10,518
I’ll out business 101 you any day, ma’am. Must be that time of month. Republic is no longer held to terms of a capacity purchase agreement. They have no income. They have no valuation, assets on book, outstanding shares, P/E ratio nor have they filed a single regulatory statement in nearly a year. These reportable items which are compulsory to any publicly traded corporation must be complied with save for one small exception. Debtor-in-possession. But I’m sure you know this, you have to. As such, rjet is being operated under the possession clause and may exist under the bankroll of the legacy 3. I guess that’s 3 motherships, miss know-it-all. All of which make massive profits from ignorant bullies like you...and their employees.
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