Republic Cannot Afford New Contract
#21
Gets Weekends Off
Joined APC: May 2008
Position: CRJ FO
Posts: 405
If RAH will need relief from its ASAs, AA won't have time to wait for PSA/PDT to spool up a new program - it'll have to happen fast.
Also, I wouldn't be too happy about taking RAH flying.
#22
Gets Weekends Off
Joined APC: Oct 2012
Posts: 140
"This is all orchestrated folks. If you happend to listen to the earnings call yesterday it was evident. BB has a plan. Fleet reductions, severing FFD agreements, shrinking RAH yes; BK NO.
The OP might as well have put the link to the Bloomberg story that the sun rises in the East.
Nothing to see here."
...
If you paid attention to BB's actions you'd realize he has No plan... He strung out contract negotiations for 8 years, he saw the problem coming, and his solution was not to raise wages to attract/retain pilots. His plan was to be the spokesman for the RAA and spearhead a campaign to get FTDT and ATP requirements overturned. That was his plan. It failed. Now he is at the mercy of DElta/United/AAG. Deltas already suing. Basically all there of the majors have to cooperate to save republic, do they even want to do that?
You can't just sever FFD contracts without huge penalties, penalties that would most likely force you into BK. they are at the mercy of either a massive compromise between delta/aa/united to each have their contracts equally unfulfilled, or being forced into BK.
BB has no clue what he's doing. Even if they can pay the raises, I'm not sure anyone is actually jumping to go to republic. If it's all about first year pay I'm pretty sure endeavor is still a better choice.
The OP might as well have put the link to the Bloomberg story that the sun rises in the East.
Nothing to see here."
...
If you paid attention to BB's actions you'd realize he has No plan... He strung out contract negotiations for 8 years, he saw the problem coming, and his solution was not to raise wages to attract/retain pilots. His plan was to be the spokesman for the RAA and spearhead a campaign to get FTDT and ATP requirements overturned. That was his plan. It failed. Now he is at the mercy of DElta/United/AAG. Deltas already suing. Basically all there of the majors have to cooperate to save republic, do they even want to do that?
You can't just sever FFD contracts without huge penalties, penalties that would most likely force you into BK. they are at the mercy of either a massive compromise between delta/aa/united to each have their contracts equally unfulfilled, or being forced into BK.
BB has no clue what he's doing. Even if they can pay the raises, I'm not sure anyone is actually jumping to go to republic. If it's all about first year pay I'm pretty sure endeavor is still a better choice.
#23
PSA and PDT don't fly the E-jet. I think it's more likely for AA to expand its operations with existing E-jet operating partners: Compass, Mesa, Skywest, and of course Envoy.
If RAH will need relief from its ASAs, AA won't have time to wait for PSA/PDT to spool up a new program - it'll have to happen fast.
Also, I wouldn't be too happy about taking RAH flying.
If RAH will need relief from its ASAs, AA won't have time to wait for PSA/PDT to spool up a new program - it'll have to happen fast.
Also, I wouldn't be too happy about taking RAH flying.
#24
PSA and PDT don't fly the E-jet. I think it's more likely for AA to expand its operations with existing E-jet operating partners: Compass, Mesa, Skywest, and of course Envoy.
If RAH will need relief from its ASAs, AA won't have time to wait for PSA/PDT to spool up a new program - it'll have to happen fast.
Also, I wouldn't be too happy about taking RAH flying.
If RAH will need relief from its ASAs, AA won't have time to wait for PSA/PDT to spool up a new program - it'll have to happen fast.
Also, I wouldn't be too happy about taking RAH flying.
#25
Gets Weekends Off
Joined APC: Jun 2015
Posts: 417
Hypothetically, the 1500 hour rule is gone tomorrow. Commercial/multi gets you hired. How little of an impact does that make? Every article ever written on the pilot shortage mentions that law as the root cause. I think you'd get a few more pilots right away but after that, youd be right back where we started.
#26
Hypothetically, the 1500 hour rule is gone tomorrow. Commercial/multi gets you hired. How little of an impact does that make? Every article ever written on the pilot shortage mentions that law as the root cause. I think you'd get a few more pilots right away but after that, youd be right back where we started.
#27
When contract carriers want more money from their mainline carriers for the contract flying then the bean counters turn around and figure that mainline can keep the flying in house then everyone wins!! Less regional flying equals more mainline flying and isn't that a good thing? Everyone Wins.
#28
When contract carriers want more money from their mainline carriers for the contract flying then the bean counters turn around and figure that mainline can keep the flying in house then everyone wins!! Less regional flying equals more mainline flying and isn't that a good thing? Everyone Wins.
#29
Gets Weekends Off
Joined APC: Jun 2010
Position: Just another RJ guy
Posts: 906
I've said it before on a similar thread and I'll say it again. Bedford WILL declare bankruptcy due to the inability to convince Delta, American and United to up their CPA payments to cover the new contract. They'll say the new pilot contract is too expensive and use that as the instigator for the bankruptcy. It's EXACTLY what Pinnacle did when they signed a new contract that was too expensive. It was industry leading when it was signed but it was too good to be true. The consultants RAH has working for them wrote the book on pre-planned bankruptcies. Good luck and I hope you can get out before sh** hits the fan and you guys get a concessionary contract shoved down your throats.
CPAs will be shed and Rah will consulate their business with one or maybe two majors. This will lead to a smaller pilot group so they can afford to lose pilots due to the pending bankruptcy. Enough lifers exists to support the smaller operation along with a lot of junior guys too "invested" to jump ship.
CPAs will be shed and Rah will consulate their business with one or maybe two majors. This will lead to a smaller pilot group so they can afford to lose pilots due to the pending bankruptcy. Enough lifers exists to support the smaller operation along with a lot of junior guys too "invested" to jump ship.
#30
Gets Weekends Off
Joined APC: Dec 2012
Posts: 610
I've said it before on a similar thread and I'll say it again. Bedford WILL declare bankruptcy due to the inability to convince Delta, American and United to up their CPA payments to cover the new contract. They'll say the new pilot contract is too expensive and use that as the instigator for the bankruptcy. It's EXACTLY what Pinnacle did when they signed a new contract that was too expensive. It was industry leading when it was signed but it was too good to be true. The consultants RAH has working for them wrote the book on pre-planned bankruptcies. Good luck and I hope you can get out before sh** hits the fan and you guys get a concessionary contract shoved down your throats.
CPAs will be shed and Rah will consulate their business with one or maybe two majors. This will lead to a smaller pilot group so they can afford to lose pilots due to the pending bankruptcy. Enough lifers exists to support the smaller operation along with a lot of junior guys too "invested" to jump ship.
CPAs will be shed and Rah will consulate their business with one or maybe two majors. This will lead to a smaller pilot group so they can afford to lose pilots due to the pending bankruptcy. Enough lifers exists to support the smaller operation along with a lot of junior guys too "invested" to jump ship.
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