20sx

For new hires to Envoy, don't they only get 25% of the new hire training slots? Not bad, but not as good a deal as some of the envoy pilots.

Skyler02

This is exactly right. In today's market, no regional is going to underbid. They know they won't be able to attract pilots if they don't offer competitive compensation. They'd be setting themselves up for lawsuits because they won't be able to perform the contracted flying when they don't have pilots to fly for them.

seafeye

I've always compared Regional management to a drug user. They can't save for the future and when the price increases happen they can't afford it. We have know this was going to happen for over 10 years. Republic has had f/o's earning low wages flying around in 175's. It's **** poor management that has put republic in the position that they are in. You can't blame pilots for wanting a more than poverty wage job can you?
Gas prices are cheap right now, plan for the increase, it's gonna happen.
Same for pilot wages, not our fault that republic can't plan.

chrisreedrules

It decreases after the 824 arbitrated flows (which are about halfway done flowing). I think it drops to 30-something % then I don't know what it is for new hires. After the 824, expect to see increases in the other 2 wholly owned regionals flows IF the plan is working as they are saying it will. In a few years, I would expect all the wholly-owneds to have a similar flow.

Skyvector

This is not correct. I don't have time to type it al out right now, but it stays at 50% after the 824 once the 40th E175 arrives...the two should coincide.

GoHomeLeg

United wants the 100 seat C Series. Republic has firm orders for the 130 seat version.

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Skyler02

Right. Every regional pilot needs to understand this.

There are 2 lines on a Profit and Loss statement. Revenue and Expenses. Your business plan's Revenue line (Negotiated contract revenue) better be bigger than the Expense line (pilot salaries and fuel costs are in here). And the revenue line better be big enough to cover expenses when the costs increase, because they will.

It is management's JOB to negotiate revenue contracts that can cover expenses even when the expenses go up as they inevitably will. It is not a pilot's job to worry about that. I can guarantee you, as has been made abundantly clear, management does not stay awake at night wondering how FO's will pay for mortgages, school loans, food, health insurance, etc. They simply pay what the market dictates.

The regional management groups are trying hard to hang on to the past couple decades. Those decades are over. The next decade will look NOTHING like the last. Pilots are in demand worldwide. Pilot costs WILL go up. And it will probably go up substantially. They have known this for years. It's not a surprise. If they didn't plan appropriately, that's on them.

I hope they are planning for fuel costs to go back up too, because that WILL happen. Actually, it's the majors who have to plan for fuel expense because they are the ones that pay for it. I guarantee you, there are several versions of forecasted contingency Profit & Loss Statements on the major's financial computers to plan for different fuel costs. As there are for forecasted pilot costs.

snippercr

I used to think the same thing too but right now it looks like the 824 will finish before the 40th 175 gets delivered. There is a period that could occur between the last 824 flowing and the 40th 175 arriving. As a result, the flow drops to 35%. Hopefully that shouldnt be for more than a few months, then it goes right back to 50%.

It's one of those things you sort of hope happens because it means they are sending the 824 over faster.

pete2800

It's going to be interesting to see how this all turns out. But if any regional management group honestly thinks that any mainline carrier is going to volunteer to pay more, they're dreaming.

MrGlock2

It's one thing to want them. But, having the ability to actually pay for them is something entirely different.