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DOT authorizes Shuttle America/RP Branded Flying

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I agree that a branded operation is a bad idea....


But loaning money to USAirways, Midwest, Muck-o-pee-pee, and Frontier is a brilliant business move. 20-25% interest per loan...better than having the money sitting in the bank idle.
 
If I had an airline and 100% of my revenue came from the tit of the major(s) I provided "lift" for I don't think I'd even come close to doing something that would piss them off, no matter where the market.
 
I agree that a branded operation is a bad idea....


But loaning money to USAirways, Midwest, Muck-o-pee-pee, and Frontier is a brilliant business move. 20-25% interest per loan...better than having the money sitting in the bank idle.

unless one of the 4 goes belly up...not to hard to imagine at least 2 of those happening.
 
unless one of the 4 goes belly up...not to hard to imagine at least 2 of those happening.

we hold DIP for Frontier, if they go under, we get assets. (planes/gates/etc)..im sure we could sell off those assets and recoup any loss. Im sure if Midwest files bk, we would probably be one of their DIP as well.
 
I agree that a branded operation is a bad idea....


But loaning money to USAirways, Midwest, Muck-o-pee-pee, and Frontier is a brilliant business move. 20-25% interest per loan...better than having the money sitting in the bank idle.

How about it sitting in a bank idle they use it to pay there pilots a better wage.
 
Way to go Republic. I always thought all regional pilots would be doomed to be lifers at Skywest when they took over all domestic flying in the U.S. I never thought it would be Republic. I guess those Ejets wouldn't be too bad because they look like mainline airplanes.... so much for leaving the regionals at the age of 27...
 
How about it sitting in a bank idle they use it to pay there pilots a better wage.


Our contract is old, and we have been in negotiations for well over a year. and last thing i want is an "industry leading" contract so we can end up like Comair-Horizon-Xjet....shrinking and unable to be competitive.

and to give you an example..our 190 pay tops out at $119/hr, USairways tops out at $95/hr JetBlue $110/hr (yes i know above 75 hrs for them is 150%)

I want an above AVG contract with above AVG work rules
 
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and to give you an example..our 190 pay tops out at $119/hr, USairways tops out at $95/hr JetBlue $110/hr (yes i know above 75 hrs for them is 150%)
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Bring that $119 down to a 12 year scale and I'll be impressed. Also, if you don't get cost of living adjustments, that $119 is just a carrot. If you're a 5th year captain that $119 will only be worth $85 in 2024.
 
Our contract is old, and we have been in negotiations for well over a year. and last thing i want is an "industry leading" contract so we can end up like Comair-Horizon-Xjet....shrinking and unable to be competitive.

and to give you an example..our 190 pay tops out at $119/hr, USairways tops out at $95/hr JetBlue $110/hr (yes i know above 75 hrs for them is 150%)

I want an above AVG contract with above AVG work rules

I couldn't agree more. You don't want to be the best because then you have a huge target on your back. You don't want to be the last either.
 

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