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Compass rumor again?

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Old 03-27-2019, 09:30 AM
  #161  
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Originally Posted by stabapch
It can and has happened before. The ones that believe it can’t are kidding themselves.

As duramax said, YX and OO are in a very good strategic position by feeding multiple carriers and are likely to continue growing, whereas the others will consolidate or terminate. The WO concept doesn’t work in favor of the pilot group or long term stability of the company.
Nor does the standalone, name one regional (not Skywest) that has been around more than 15 years without bankruptcies/ consolidations/ name changes. As I recall YX was on that consolidation and bankruptcy list recently. The point here is everyone is arguing about the best regional - they are all regionals and all are disposable the moment it is in the best interest of the mainline partner(s). Nobody is safe at the regionals.
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Old 03-27-2019, 10:02 AM
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Originally Posted by Meow1215
Nor does the standalone, name one regional (not Skywest) that has been around more than 15 years without bankruptcies/ consolidations/ name changes. As I recall YX was on that consolidation and bankruptcy list recently. The point here is everyone is arguing about the best regional - they are all regionals and all are disposable the moment it is in the best interest of the mainline partner(s). Nobody is safe at the regionals.


While I agree with you, you can’t cite the YX BK in the same category as the others.


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Old 03-27-2019, 10:03 AM
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Originally Posted by Meow1215
Nor does the standalone, name one regional (not Skywest) that has been around more than 15 years without bankruptcies/ consolidations/ name changes. As I recall YX was on that consolidation and bankruptcy list recently. The point here is everyone is arguing about the best regional - they are all regionals and all are disposable the moment it is in the best interest of the mainline partner(s). Nobody is safe at the regionals.
Very true. It's really all a roll of the dice. I picked YX for the pay and the ERJ order hoping that it would turn into growth and quick upgrade times and low reserve. You really never know in the regional game, of course things are fairly stable right now. The cynic in me thinks I'm just hoping with classes filled through the end of the year I have enough seniority to keep my job when the next recession hits. That's really the hope right?

I think the whole Compass rumor just lives on because those of us from the West coast dream of not commuting or living in a place where the highest terrain feature is a telephone poll.
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Old 03-27-2019, 11:07 AM
  #164  
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Originally Posted by 05Duramax
I think the whole Compass rumor just lives on because those of us from the West coast dream of not commuting or living in a place where the highest terrain feature is a telephone poll.
Now in all fairness, Mount Mitchell ALMOST makes it to 6700 feet, but clearly, you don’t have to worry about anything on the order of the Olympics, the Cascades, the Wasatch, the Sierra Nevadas, or the Rockies out East. Except when you are commuting to work that is.
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Old 03-27-2019, 11:11 AM
  #165  
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Originally Posted by Meow1215
Nor does the standalone, name one regional (not Skywest) that has been around more than 15 years without bankruptcies/ consolidations/ name changes. As I recall YX was on that consolidation and bankruptcy list recently. The point here is everyone is arguing about the best regional - they are all regionals and all are disposable the moment it is in the best interest of the mainline partner(s). Nobody is safe at the regionals.
Nobody is safe, but some are a lot more secure than others. It would take a lot to shutdown YX or OO and if things started going downhill fast the pilot group would have plenty of notice of “impending doom.” Whereas at others, WO’s and single feeders, things could change drastically overnight. This has happened in the past and the risk will always be there.
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Old 03-27-2019, 11:18 AM
  #166  
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Originally Posted by Meow1215
Nor does the standalone, name one regional (not Skywest) that has been around more than 15 years without bankruptcies/ consolidations/ name changes. As I recall YX was on that consolidation and bankruptcy list recently. The point here is everyone is arguing about the best regional - they are all regionals and all are disposable the moment it is in the best interest of the mainline partner(s). Nobody is safe at the regionals.
Name one Major that hasn’t been through a bankruptcy in that time period:

https://en.m.wikipedia.org/wiki/List...ruptcy_filings

Actually, I believe Alaska avoided it but only because a mediator (Kasher) screwed over the pilot group so badly in a negotiation that the management no longer needed a bankruptcy to cut their labor costs in half.

https://www.seattletimes.com/busines...rlines-pilots/

Heck, Delta pilots lost their company pensions altogether in their bankruptcy, IIRC.

https://www.aviationpros.com/home/ne...exdelta-pilots

If you wanted a career in a nonvolatile industry you chose poorly.
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Old 03-27-2019, 11:22 AM
  #167  
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Originally Posted by 4V14T0R
While I agree with you, you can’t cite the YX BK in the same category as the others.


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Yet, everyone likes to use this against YX. Not one employee was affected and it’s evident that all three mainline partners aren’t very disappointed either. Call it what you want, it was a strategic business move that paid off tremendously for the group, the company AND mainline interests.
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Old 03-27-2019, 01:41 PM
  #168  
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Originally Posted by stabapch
Yet, everyone likes to use this against YX. Not one employee was affected and it’s evident that all three mainline partners aren’t very disappointed either. Call it what you want, it was a strategic business move that paid off tremendously for the group, the company AND mainline interests.
You all crack me up bragging about how good your regional is. I suppose you’ll be like Skywest now and quit saying hi to fellow pilots in the terminal. Remember, Republic is still a regional
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Old 03-27-2019, 01:59 PM
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Originally Posted by gojo
You all crack me up bragging about how good your regional is. I suppose you’ll be like Skywest now and quit saying hi to fellow pilots in the terminal. Remember, Republic is still a regional
I don’t think anybody is bragging about anything, but you can’t say all regionals are equal. I do believe there are better, less risky carriers to choose from. Pilots are the same across the board, company’s differ.
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Old 03-27-2019, 08:37 PM
  #170  
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Originally Posted by Excargodog
Name one Major that hasn’t been through a bankruptcy in that time period:
Southwest

Filler
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