Farmlover

Sorry for this guys/gals its no fun i would run and get ahead of the others.
Solid growth at Endeavor over 50k your first year. Jump while you can pm me if you want details.

skyguy33

While I'm pretty confident there will not be any furloughs for pilots, I'm not entirely sure if FAs or other corporate jobs are nearly as secure. For the past 6 months, we have been operating with reduced aircraft. There have only been 2 Q400s operating and a dozen or so 145s. With these gone, that will staff 14 170s. With natural attrition (which I'm sure it will increase with this bankruptcy protection announcement), there will be little stagnation. They just posted 32 CA upgrades before the bankruptcy and they have said they still plan on doing those vacancies. Most of these vacancies will probably be transfers from the 145s and Dash, but stagnation probably won't happen). My personal opinion is that this protection is a way to get out of the 145 and Dash leases we have. Those airplanes have been parked for months (some for a year), and they are still being paid for. The 170s will not be touched.

BeatNavy

Weren't you on here a month or two ago talking about your average price being $2-3 a share? Cut your losses man. You really think the common stock will recover? This was the short of the century when it went to $5. Even at $2-3 it was a good short. It's very likely the share price will go to zero. You're better off going to Vegas. At least you'll get free drinks and have fun as you watch your money disappear.

FirstClass

Half the people on this forum predicted this was going to happen back when you signed your contract. Republic in its present form will also go out of business in the next 5 years unless they merge or become the competition. Simply not enough pilots to fill the vacuum of retirements coming.

chrisreedrules

I mean, I hope your correct. I wish no ill on the good hard-working pilots at Republic. But I think you guys are still trying to bail water out of an obviously sinking ship with the cups in your hands. 6 months ago when everyone said, "hey, things aren't looking too good for RAH", you all jumped on everyone's backs and got super defensive about it. And now look what happened. You were wrong. I can't imagine anyone in their right mind being attracted to a company in bankruptcy. You won't be able to hire from here on out. Your list will stagnate. Those on the bottom will likely leave in the coming months. You are parking some airplanes. You have cancelled orders for other airplanes. I'm not trying to be a jerk, but after reading through 20-something pages of this thread, I can't help but be astounded that my overall takeaway is how absolutely delusional some of you are. One of the nicest guys I've met from over there I met just the other day. He has a family, kids, and is caring for an ailing loved one. It bums me out to think of the uncertainty going on. Keep your heads up, and get your apps out. But stop trying to tell people there isn't a fire when they are staring at the flames. Best of luck to you all.

FirstClass

They are going to zero out the stock as part of the bankruptcy. Probably be delisted too as soon as the share price falls below a dollar.

skyguy33

Again, I'm not saying this is a place to come to or be at. People should definitely consider their options. I'm certainly not delusional; I'm aware of what's going on. So please do not insult me. People are saying we are parking 45 airplanes...well, no, they're wrong. They've been parked for months and haven't been flying. They haven't even been at our maintenance bases. They've been wasting away in the desert, eating away cash. We will be parking about 14 additional airplanes. It's still terrible news and it doesn't mean there's not more to come. I'm simply saying people are saying downgrades and furloughs to come. This will happen if the court messes with the contract, but as of now, that isn't the case. With what is CURRENTLY known, there will be no need to downgrade or furlough. With those people displaced off those planes, we will still be short staffed on the 170.

wiz5422

Go to a wholly own, they aren't going to go bankrupt anytime soon as they are hooked to mainline and they have a flow giving you an into a major.

Get out why you can, the longer you wait the more seniority you give up. Trust me I know from past experience

KC135

Nope, wasn't me. I wouldn't hold long term but you could make a few bucks trading it off pure technicals in a short term swing. It's a high risk penny stock so I wouldn't bet the farm.

Delisting will take a while, a notice will be given in 30 days then they have 180 days to recover. RJET is on the nasdaq so as long as they maintain at least a $35 million market cap they could issue a reverse split to comply with the $1. This is a chapter 11 not a ch 7 liquidation.

BeatNavy

Oh disregard, it was Name User. Regardless, dabble with it if you want, but I don't think it's worth the gamble, even short term. AA shareholders who stuck it out got lucky their common wasn't wiped...that's rare in BK cases (even ch11).