Search

Notices
Republic Airways Regional Airline

Compass rumor again?

Thread Tools
 
Search this Thread
 
Old 03-13-2019, 10:48 AM
  #91  
Line Holder
 
Joined APC: Sep 2018
Posts: 25
Default

You mention higher staffing costs and the cost advantages of having a junior roster. What about the cost of training new pilots? At some point it has to be more cost effective to keep a pilot around for a while after you’ve invested in their training.
Does anyone know what that number is? How much is a pilot worth once they get signed off of IOE?
NFGCDCTL is offline  
Old 03-13-2019, 04:53 PM
  #92  
Gets Weekends Off
 
Joined APC: Mar 2018
Posts: 307
Default

Originally Posted by TheWeatherman
Wait, didn't ALPA tell their Regional pilots to shut up and color during the latest UA jumpseat war? So how do they have Regional pilots's best interest in mind again??
^^^ This! Teamsters are not great, but at least you’re not a second class citizen.
Viking6 is offline  
Old 03-13-2019, 05:04 PM
  #93  
Perennial Reserve
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 12,157
Default

Originally Posted by NFGCDCTL
You mention higher staffing costs and the cost advantages of having a junior roster. What about the cost of training new pilots? At some point it has to be more cost effective to keep a pilot around for a while after you’ve invested in their training.
Does anyone know what that number is? How much is a pilot worth once they get signed off of IOE?
Type ratings go anywhere from about $7K to possibly as much as $25K commercially:

Type Rating Cost

On the other hand, the difference between paying a ten year captain at Republic and a three year captain at Compass is about $27K a year. If you include 401k, it’s $30K a year.
Excargodog is offline  
Old 03-13-2019, 05:59 PM
  #94  
On Reserve
 
Joined APC: Jun 2017
Position: Capt
Posts: 19
Default Rumor

Originally Posted by stabapch
This is the 2nd trip I’m hearing the “YX is buying Compass” rumor again and apparently “BB is hinting at it but cannot legally release any information,” which apparently wont be until late summer in a press release....

Anyone else encounter this on the line?

Or is this just 2 CA’s that have nothing better to do than play the gullible game.
I'm waiting for my Ground school class. I've been hearing this around town myself. Worries me, especially since I have offers from other carriers.
pilotpilot84 is offline  
Old 03-13-2019, 06:08 PM
  #95  
Perennial Reserve
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 12,157
Default

Originally Posted by pilotpilot84
I'm waiting for my Ground school class. I've been hearing this around town myself. Worries me, especially since I have offers from other carriers.
You can look back in APC ten years and someone is always buying someone and someone else is always merging with someone. Usually it doesn’t happen. But seriously, why would a new hire care? You still would get your bonus and your ATP and your type rating and would lose very little seniority and would immediately get snapped up by somebody else because you’d have an ATP and a type-rating and that much more experience. The only one devastated by something like this - if it ever did happen, would be the lifer captains. Even the FOs just about to upgrade could go near-DEC somewhere.

If you are going to let rumors on APC scare you, brother you are entering the wrong career field...
Excargodog is offline  
Old 03-13-2019, 06:55 PM
  #96  
Gets Weekends Off
 
Joined APC: Mar 2018
Position: sideways
Posts: 294
Default

Originally Posted by Excargodog
Type ratings go anywhere from about $7K to possibly as much as $25K commercially:

Type Rating Cost

On the other hand, the difference between paying a ten year captain at Republic and a three year captain at Compass is about $27K a year. If you include 401k, it’s $30K a year.
That type rating site is like a decade old with its info....
C37AFE is offline  
Old 03-13-2019, 07:02 PM
  #97  
Perennial Reserve
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 12,157
Default

Originally Posted by C37AFE
That type rating site is like a decade old with its info....
Find one you like better.

https://atpflightschool.com/type-ratings/
Excargodog is offline  
Old 03-14-2019, 04:05 AM
  #98  
Porco Rosso
 
ninerdriver's Avatar
 
Joined APC: Apr 2018
Posts: 2,522
Default

Originally Posted by Excargodog
Since the Delta flying is being done by Delta owned 175s they are now a sunk expense for Delta. Moreover, those particular aircraft are sort of specified as an exception in their scope clause since they were wholly owned first by Northwest and then with the Northwest-Delta merger by Delta. They were sort of an exception granted to the rest of the Delta scope agreement, IIRC. I think it is very possible the aircraft and the flying is sort of a package deal.


The advantages that Compass has of course is that they already have personnel in place and they are doing the job, as well as a training system in place to replace people lost to attrition. And of course, turning the aircraft over to someone else would require a complete inspection and have to be done in a phased manner in any event.



Their personnel costs are also lower than that of Republic, in part because their payscale is lower but to an even greater extent because the turnover of personnel as their senior people move on is so quick that almost everyone is relatively low on the already lower payscale. Currently an FO hired one year ago has not only been holding a line for seven or eight months at this point, they are bidding at about 35-40% as an FO in most domiciles while there are only a few captains actually pulling fifth year pay. So basically ALMOST EVERYONE is sort of at the low end of the payscale amd the average personnel costs for a Captain and an FO are $78 and $42 per hour for CPZ versus more like $92 and $51 for Republic with higher benefit costs for Republic as well.


None of that means that Republic couldn't take the flying, simply that they are at a competitive disadvantage economically at present in competing for that flying.



Assuming Delta wanted a change to happen, it certainly could. But the startup costs would be nontrivial and the delta (no pun intended) in personnel costs would also be non-trivial. And exactly what that would do to Delta's scope if it was decided to sell off the birds is something I think would have to be worked out between ALPA and Delta.



But if indeed the decision was to just get rid of the aircraft, I imagine it would be cheaper to simply have OO do the flying since they already have bases out West and already fly about 200 aircraft as Delta Connection and many of those startup costs could be avoided.
The estimate thrown around here is it would have cost 9E $50MM to start up a 170 program with CPZ planes, and that was a big factor in our change of growth plans at the end of last year. That cost considered that 9E already has blueprints for a 170 program on the shelf.

So, yeah, it's expensive to pick up and run.
ninerdriver is offline  
Old 03-14-2019, 05:07 AM
  #99  
Gets Weekends Off
 
Joined APC: Jul 2008
Posts: 4,243
Default

Originally Posted by ninerdriver
The estimate thrown around here is it would have cost 9E $50MM to start up a 170 program with CPZ planes, and that was a big factor in our change of growth plans at the end of last year. That cost considered that 9E already has blueprints for a 170 program on the shelf.

So, yeah, it's expensive to pick up and run.

Not to mention the cost of “conformance checks” and would they want the extended winglets, and new avionics chip to handle anything above Epic 25.2. A lot of cost and “down time”. I would suspect that nothing will be said tell after the summer flying. But watch out for that “hail marry” GoJet just pulled one off. Don’t underestimate the power of TSA holdings..
amcnd is offline  
Old 03-17-2019, 10:49 AM
  #100  
Gets Weekends Off
 
Joined APC: Aug 2014
Posts: 845
Default

Originally Posted by amcnd
Not to mention the cost of “conformance checks” and would they want the extended winglets, and new avionics chip to handle anything above Epic 25.2. A lot of cost and “down time”. I would suspect that nothing will be said tell after the summer flying. But watch out for that “hail marry” GoJet just pulled one off. Don’t underestimate the power of TSA holdings..
You can't just put the enhanced winglets on old planes. They are not certified for that. There is only one frame that I can find any type of source that says it might have happened and that was Mesa's first airframe. Their second was delivered with them, so likely it was close enough in serial numbers to support it. All of Compass' aircraft are the highest gross weight variants.
Tpinks is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
glide
Compass Airlines
3
01-17-2023 08:42 PM
glide
Horizon Air
11
06-22-2017 09:39 PM
FlyerJosh
Regional
7
08-02-2007 10:30 AM
joel payne
Regional
28
10-06-2006 09:00 PM
fireman0174
Major
14
03-30-2006 03:02 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices