RAH files for Chapter 11 bankruptcy

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02-26-2016, 07:51 AM

#201

Jvw700

Gets Weekends Off

Joined APC: May 2014

Posts: 584

Quote:

Originally Posted by gipple

RAH still recruiting pilots at some convention today. Check their Twitter.

Seems a little futile.... I'm going to wildly speculate and say that the chapter 11 announcement put a small hiccup in recruitment efforts...

02-26-2016, 07:52 AM

#202

Systemized

patience

Joined APC: Mar 2011

Posts: 1,068

Quote:

Originally Posted by Geardownflaps30

It's simply not correct. I can go on the company intranet and look at the aircraft in the fleet. It's quite simple. Some of the investment material looked at and included in its forecast some of the additional aircraft that we NEVER took delivery of. You speak of a "plan". I speak of what is actually here whether flying or parked on the ramp at the IMC in Indy. I actually work here. Do you?

I glanced over Republic's 2015 10K report which indicates 16 175s and 14 170s operating for Delta. The earliest CPA expiration dates are 2021. I don't really care to argue with you, especially on something so petty. We are talking about a difference of 5 airplanes. I'm going off what Republic reports to their investors. Maybe not all 30 planes are in operation due to staffing issues?

02-26-2016, 08:01 AM

#203

Bonanzer

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Joined APC: Oct 2012

Position: e145 fo

Posts: 250

Quote:

Originally Posted by Systemized

I think they have slightly more E170/175s

105 American 170/175s

30 Delta 170/175s

+/- 58 United 170/175s?

Republic was replacing all their Qs with 50 new 175s, I think that 50 number was decreased. I'm sure what the final number is, maybe someone at Republic knows. Looks like Delta is their smallest E175 customer. I could see Delta attempting to take their E175s elsewhere. Maybe the 30 go to compass and Envoy takes the 20 AA Compass E175s back.

I'm sure it has already been said but rah owns all their airplanes. Can't be transferred by delta. They could sell them.

02-26-2016, 08:03 AM

#204

Bonanzer

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Joined APC: Oct 2012

Position: e145 fo

Posts: 250

Also saving 10 million a month after bankruptcy. Aim high for the next round of contract negotiations!

02-26-2016, 08:04 AM

#205

Geardownflaps30

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Joined APC: Jun 2011

Posts: 1,150

Quote:

Originally Posted by Bonanzer

I'm sure it has already been said but rah owns all their airplanes. Can't be transferred by delta. They could sell them.

Incorrect. RAH LEASES their aircraft. There are several provisions within the CBA with Delta where Delta may assume the leases along with the aircraft. Some provisions require a penalty to be paid to RAH, some don't.

RAH doesn't own any aircraft. They lease them.

02-26-2016, 08:06 AM

#206

Geardownflaps30

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Joined APC: Jun 2011

Posts: 1,150

Quote:

Originally Posted by Systemized

You're simply looking at old incorrect information. You say you don't want to argue, yet you continue to do so! (You do realize amendments to 10k reports are filed all the time?! Rhetorical question, DO NOT answer!)

02-26-2016, 08:10 AM

#207

jsled

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Joined APC: Apr 2006

Position: 737 CA

Posts: 2,750

"guppy killer" karma?? Naaah...Those guys are long gone from RAH...They're now throwing my gear. Tough break fellas.

02-26-2016, 08:10 AM

#208

Systemized

patience

Joined APC: Mar 2011

Posts: 1,068

Quote:

Originally Posted by Geardownflaps30

RAH doesn't own any aircraft. They lease them.

According to financial reports filled with the SEC, Republic owns the majority of their E175s.

02-26-2016, 08:14 AM

#209

FEtoFO

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Joined APC: Feb 2015

Posts: 183

What a sham! They will get relieve from the major stakeholders, and survive this, but long term they are toast! Maybe they get acquired out of Ch11 by American.

02-26-2016, 08:16 AM

#210

Systemized

patience

Joined APC: Mar 2011

Posts: 1,068

Quote:

Originally Posted by Geardownflaps30

I know what I was looking at, a 2014 annual report. Things can obviously change since 2014. Personally, I'm going with what's on paper rather than the daily rumors. If you think I'm incorrect, why not point it out in a respectful and professional way rather than acting like a complete you know what?