Republic Files Chapter 11

mshunter said:
Some guys got stuck at the regionals, by no choice of their own (9/11, The Great Recession, age 65). I would say this is a good example of why when you select one you want to work for, you had better pick one that has staying power, a good contract, and has consistently done well, in case that ends up being you.
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It's deeper though.

Good contracts come and go depending on union leadership and the economic cycle. Is the carrier in a position to both recoup lost cash and prizes AND be competitive when re-bidding for subcontracted flying? You could give Envoy a 100% pay raise across the board but if, say, Skywest can do it at a lower cost structure and similar or better reliability, the board is going to say "Sorry Charlie".

I'm not a career counselor but there is a crap-ton of opportunity out there if you're hungry. Crap Ton > Imperial Ton.
 
Der_Meister said:
Some people said I was crazy leaving Express Jet for Allegiant, but at the end of the day the paint matches my paycheck and thats a nice feeling.
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@Derg and you make great points. Yes this industry is very fluid and complicated, much like shooting dice in Vegas. But working for the entity instead of being a sub contractor is key in somewhat of a stable career. The regionals have decimated themselves beyond belief and it's time to lay in the bed they made. I'm glad I got out quick fast and in a hurry, because yes the checks matching the paint is a great feeling and gives you that "warm and fuzzy" feeling at night.

Derek
 
mshunter said:
Some guys got stuck at the regionals, by no choice of their own (9/11, The Great Recession, age 65). I would say this is a good example of why when you select one you want to work for, you had better pick one that has staying power, a good contract, and has consistently done well, in case that ends up being you.
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Getting stuck is one thing, planning on staying is another.

I've seen some people from my past regional celebrating this bankruptcy and that saddens me.

This could be any regional. In fact, barring any huge changes this will probably be XJT. Not counting the "will work for hair gel" side of the company, when was the last time they turned a profit? Are they finally getting people in the door?
 
Maurus said:
Of course. I fully expect their E145 fleet to be parked by the end of their restructuring. I also expect some United contracts to be renegotiated as they seem to have the worst terms. United simply doesn't want to pay their regionals.
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What's to stop United at that point from taking their ball elsewhere?
 
dhood84 said:
@Derg and you make great points. Yes this industry is very fluid and complicated, much like shooting dice in Vegas. But working for the entity instead of being a sub contractor is key in somewhat of a stable career. The regionals have decimated themselves beyond belief and it's time to lay in the bed they made. I'm glad I got out quick fast and in a hurry, because yes the checks matching the paint is a great feeling and gives you that "warm and fuzzy" feeling at night.
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I made 1,500 in one night on the strip while in training. lol

alaskadrifter said:
What's to stop United at that point from taking their ball elsewhere?
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You mean Mesa?
 
Screaming_Emu said:
Getting stuck is one thing, planning on staying is another.

I've seen some people from my past regional celebrating this bankruptcy and that saddens me.

This could be any regional. In fact, barring any huge changes this will probably be XJT. Not counting the "will work for hair gel" side of the company, when was the last time they turned a profit? Are they finally getting people in the door?
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Seems to be picking up, with the pay raise and hiring agreement with United. I was one of seven to interview this past Monday... Starting in a few months.
 
Maurus said:
They won't kill the pay scales. If they go after anything it will be the background stuff such as DH pay, retirement, ect. The need the high at scale to compete. Sadly the pay scale is one of the few things new pilots look at.


I see a greater chance of the RAA using RAH as a martyr to their cause to kill the ATP rule.
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Exactly. They seemed really proud of those FO pay scales, and judging by all the newbies still interested in going there recently, that base pay accomplished exactly what it set out to do. I see them seriously cutting back on QOL soft pay areas. Also, I would really surprised if Scope isn't one of the first things in the contract the company tries to hack up.

Of course, with all that said, Bryan is already on record stating that the intent to leave the CBAs alone. Of course for years he also claimed the company was negotiating in good faith, so...
 
Derg said:
It's deeper though.

Good contracts come and go depending on union leadership and the economic cycle. Is the carrier in a position to both recoup lost cash and prizes AND be competitive when re-bidding for subcontracted flying? You could give Envoy a 100% pay raise across the board but if, say, Skywest can do it at a lower cost structure and similar or better reliability, the board is going to say "Sorry Charlie".

I'm not a career counselor but there is a crap-ton of opportunity out there if you're hungry. Crap Ton > Imperial Ton.
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There is no denying that there isn't a crap ton of opportunity out there. But there is also a large group of guys who will never move on from a regional by no choice of their own.
 
Screaming_Emu said:
I've seen some people from my past regional celebrating this bankruptcy and that saddens me.
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I've seen it too. It's a double edged sword. It should benefit every other regional. But that's no reason to rejoice.



This could be any regional. In fact, barring any huge changes this will probably be XJT. Not counting the "will work for hair gel" side of the company, when was the last time they turned a profit? Are they finally getting people in the door?
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I'm a little worried this could end up being us. People are coming through the door, just not in numbers anyone is happy with.
 
Derg said:
It's deeper though.

Good contracts come and go depending on union leadership and the economic cycle. Is the carrier in a position to both recoup lost cash and prizes AND be competitive when re-bidding for subcontracted flying? You could give Envoy a 100% pay raise across the board but if, say, Skywest can do it at a lower cost structure and similar or better reliability, the board is going to say "Sorry Charlie".

I'm not a career counselor but there is a crap-ton of opportunity out there if you're hungry. Crap Ton > Imperial Ton.
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Yep. And it's not limited to everyone's favorite non-union carrier either. Someone comes along who has a more advantageous cost structure (say, because nobody has worked there longer than 20 minutes), who has the right airplane for the customer at the right prices, and you suddenly find yourselves at a massive disadvantage. Through no fault of your own either.

Best you can do is hang on and stay prepared, I suppose.
 
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