Denver RAH Guys
04-23-2008, 05:57 AM
#4
Gets Weekends Off
Joined APC: Mar 2007
Position: XJT furloughed due to non-ALPA undercutting
Posts: 376
Frontier Airlines ends Republic deal, stopping some service
© 2008 The Associated Press
TOOLS
Email
Get section feed
Print
if (MCP_PLUCK) { gSiteLife.Recommend("ExternalResource",PluckItemID ); } Recommend
Comments
houston_chron196:http://www.chron.com/disp/story.mpl/buzz/5723541.htmlYahoo! Buzz
NEW YORK — Frontier Airlines Holdings Inc. and regional carrier Republic Airways Holdings said Wednesday they agreed to quit their code-sharing agreement, ending Frontier service to five cities.
The deal, which comes less than two weeks after Frontier sought bankruptcy protection, will pull 12 of Republic's Embraer E170 regional jets from Denver-based Frontier's fleet.
Frontier said it will reallocate remaining planes into markets "with more potential for long term profitability." As a result, the company plans to end service to Sioux City, Iowa; Jacksonville, Fla.; Little Rock, Ark.; Memphis, Tenn.; and Tulsa, Okla. by the start of June. Service planned for Missoula, Mont., will not begin.
Republic operated the 12 planes under Frontier's brand. The Indianapolis-based regional carrier said their service agreement, under which Frontier paid certain costs such as fuel, generated about $6 million in monthly revenue.
Four of the planes will be pulled from service May 1, followed by six more June 2 _ a day after Frontier plans to quit flying to the last of the affected cities. The last two planes will exit Frontier's fleet June 23.
Republic said it plans to file a claim for $260 million in damages stemming from the canceled agreement. The final amount of the claim will be determined by the bankruptcy court.
"It's unfortunate that despite their many efforts to reorganize their business outside of Chapter 11, factors beyond their control conspired to force a deeper reorganization," Republic Chief Executive Bryan Bedford said in a statement. "We wish them success in their continuing efforts to combat persistently high oil prices."
Frontier filed for bankruptcy April 11 after its leading credit-card processor said it planned to withhold a greater share of proceeds from ticket sales. The airline _ the fourth to turn to bankruptcy in recent weeks _ vowed to continue operating as it reorganizes.
The airline said it will offer refunds or other arrangements to affected customers.
http://www.chron.com/disp/story.mpl/ap/fn/5723541.html
© 2008 The Associated Press
TOOLS
Get section feed
if (MCP_PLUCK) { gSiteLife.Recommend("ExternalResource",PluckItemID ); } Recommend
Comments
houston_chron196:http://www.chron.com/disp/story.mpl/buzz/5723541.htmlYahoo! Buzz
NEW YORK — Frontier Airlines Holdings Inc. and regional carrier Republic Airways Holdings said Wednesday they agreed to quit their code-sharing agreement, ending Frontier service to five cities.
The deal, which comes less than two weeks after Frontier sought bankruptcy protection, will pull 12 of Republic's Embraer E170 regional jets from Denver-based Frontier's fleet.
Frontier said it will reallocate remaining planes into markets "with more potential for long term profitability." As a result, the company plans to end service to Sioux City, Iowa; Jacksonville, Fla.; Little Rock, Ark.; Memphis, Tenn.; and Tulsa, Okla. by the start of June. Service planned for Missoula, Mont., will not begin.
Republic operated the 12 planes under Frontier's brand. The Indianapolis-based regional carrier said their service agreement, under which Frontier paid certain costs such as fuel, generated about $6 million in monthly revenue.
Four of the planes will be pulled from service May 1, followed by six more June 2 _ a day after Frontier plans to quit flying to the last of the affected cities. The last two planes will exit Frontier's fleet June 23.
Republic said it plans to file a claim for $260 million in damages stemming from the canceled agreement. The final amount of the claim will be determined by the bankruptcy court.
"It's unfortunate that despite their many efforts to reorganize their business outside of Chapter 11, factors beyond their control conspired to force a deeper reorganization," Republic Chief Executive Bryan Bedford said in a statement. "We wish them success in their continuing efforts to combat persistently high oil prices."
Frontier filed for bankruptcy April 11 after its leading credit-card processor said it planned to withhold a greater share of proceeds from ticket sales. The airline _ the fourth to turn to bankruptcy in recent weeks _ vowed to continue operating as it reorganizes.
The airline said it will offer refunds or other arrangements to affected customers.
http://www.chron.com/disp/story.mpl/ap/fn/5723541.html
04-23-2008, 06:43 AM
#8
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,107
{On Soapbox}
Selecting a regional based on a desire to have a specific domicile LONG TERM is foolish (short term, ok). Regionals contracts come and go like the wind, four out of the five domiciles which I have had (or wanted to bid into) have been closed or downsized to nothing.
The best you can hope for long-term with a regional is a certain geographic area...
West = SKW, Eagle, Horizon (XJet is tenuous in the west).
East = RAH, ASA, AWAC, CA, etc.
Even that's not a sure bet...mesa used to be firmly in the western camp, but they have pretty much gone east in the last 5 years.
If you REALLY want a specific city, get a job at a major airline...of course that's not a sure thing either, just better odds.
{Off Soapbox}
Selecting a regional based on a desire to have a specific domicile LONG TERM is foolish (short term, ok). Regionals contracts come and go like the wind, four out of the five domiciles which I have had (or wanted to bid into) have been closed or downsized to nothing.
The best you can hope for long-term with a regional is a certain geographic area...
West = SKW, Eagle, Horizon (XJet is tenuous in the west).
East = RAH, ASA, AWAC, CA, etc.
Even that's not a sure bet...mesa used to be firmly in the western camp, but they have pretty much gone east in the last 5 years.
If you REALLY want a specific city, get a job at a major airline...of course that's not a sure thing either, just better odds.
{Off Soapbox}
Last edited by rickair7777; 04-23-2008 at 07:50 AM.
04-23-2008, 07:02 AM
#9
On Reserve
Joined APC: Aug 2006
Posts: 17
Frontier annouced this morning that it is ending its contract with Republic. I believe this has been coming for some time because it was a bad contract that was negotiated by the last CEO that had us paying for all their fuel costs. I personally will miss Republic, good people and airplanes that served our product well, just did not serve our bottom line and it was time for it to go.
http://biz.yahoo.com/ap/080423/front...ways.html?.v=1
http://biz.yahoo.com/ap/080423/front...ways.html?.v=1
Thread
Thread Starter
Forum
Replies
Last Post
wannabepilot
Hangar Talk
17
11-01-2007 12:06 PM
