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Old 01-07-2016, 09:26 AM
  #31  
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Originally Posted by Skyvector
That's not the case at all. You are brand spanking new to the industry. Republic is in bad shape. Take it or leave it.
Why do you seem all butt hurt that they're going to Republic? Does it affect you personally in some way? I'm sure they've all done their research and know the risks associated with going there.
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Old 01-07-2016, 09:29 AM
  #32  
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Originally Posted by Skyvector
That's not the case at all. You are brand spanking new to the industry. Republic is in bad shape. Take it or leave it.

As you are so fond of saying between your envoy sales pitches... You don't work here, you don't know what's going on.

For the guys coming to RAH, welcome aboard.


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Old 01-07-2016, 09:41 AM
  #33  
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Originally Posted by aperfcrcle
Every single airline stock is tanking right now. its a new year and oil prices are going up.
Umm oil prices just hit an 11 year low.

Also, that doesn't matter cause RAH does not pay for gas. They reduced their revenue (cut block hours) and increased pay. Bankruptcy is around the corner.
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Old 01-07-2016, 10:14 AM
  #34  
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Originally Posted by GoHomeLeg
Umm oil prices just hit an 11 year low.

Also, that doesn't matter cause RAH does not pay for gas. They reduced their revenue (cut block hours) and increased pay. Bankruptcy is around the corner.

Yep. $3.00 in last two or three days.
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Old 01-07-2016, 10:16 AM
  #35  
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Soros is saying that it will be 2008 all over again. Maybe not so bad for the airlines, but still...
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Old 01-07-2016, 10:18 AM
  #36  
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Originally Posted by aperfcrcle
Every single airline stock is tanking right now. its a new year and oil prices are going up.
The legacies are making record profits. The price of oil isn't likely going up anytime soon, regardless of the fact that RJET doesn't even pay for fuel. Bankruptcy concerns are VERY real.

Bankruptcy = cost cutting
Cost cutting = downsizing, furloughs, reorganization, bye bye new contract
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Old 01-07-2016, 10:22 AM
  #37  
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Originally Posted by http://m.nasdaq.com/article/consumer-sector-update-for-01052016-rjetswhcnyny-cm561618

In company news, Republic Airways (RJET*) shares retreated Tuesday after analysts at Deutsche Bank today reduced their investment call for the air carrier's stock to Hold from Buy and cut their price target in half to $4 a share.

Deutsche Bank analyst Michael Linenberg also slashed his FY16 per-share earnings estimates to $0.45 from $0.90 per share, explaining in a new research note that he sees some downside risk as Republic restructures and renegotiates contracts with its major airlines partners and other suppliers and vendors over the future "size and shape" of the company.
"...as Republic restructures and renegotiates contracts" does not sound like a company on sound financial footing. They are using bankruptcy terms already.

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Old 01-07-2016, 10:25 AM
  #38  
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RJET stock is currently $2.57. People who know MUCH more about this than the pilots do are selling stock. That should tell you something.
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Old 01-07-2016, 10:35 AM
  #39  
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Well this turned quick, it's now a bash republic thread?
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Old 01-07-2016, 11:04 AM
  #40  
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Originally Posted by Hawaiiavi8er
Well this turned quick, it's now a bash republic thread?
I am not bashing Republic at all. I am afraid that there are going to be a whole new generation of pilots that are going to get screwed by that place. I hate it when people lose their seniority and have to start fresh because some scumbag company screws their pilots over.

I have nothing against the pilots at Republic at all. I truly hope that Republic is able to hold it together long enough and be a good airline. I think that this time has come and gone, and that they are a sinking ship. I caution people to do their homework and look at the whole picture, not just starting pay.
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