No MDA pilots take Republic deal..

[stb]

To say that the decision to go fly for US Airways in 1999 was a poor one is frankly silly.

What would YOU have done?

Something tells me that FlyingDawg was not offered a job after their interview with USAirways.

Benefit of the doubt Flyingdawg, which airline TODAY offered you a flying position would you accept and not accept?

 

[blzr]

Parity + 1%. May I remind you that this was Stephen Wolf's idea? It takes TWO to sign a contract.
Furlough, Are you telling me that Wolf put that in the contract? The is a moron, I'll grant you that, but I don't think even he was dumb enough to put that in the contract.

The reason it was granted is because they (management) were well into the United merger and basically would have agreed to give you space shuttle rates if you had put them in the contract, just to shut you up.

Yes, it is managements fault for agreeing to the deal, but if I'm not mistaken, the pilots all threatened to walk if the deal was not signed. The union held the upper hand and management went along with it.

Also, I have not a clue what the F-28 rates were to fly the RJ's. Could you post them sometime.

US.Air did fly some of the biggest RJ's back in 2000-2002. Clt-GSO-CLT, I flew in a Dash behind a 757. Nothing like a 190 seat rj flying half full on a 200 mile rnd trip.

 

[Capt.PoopyPants]

Another CFI that knows everything.

Yes I do. Including the fact that you are a douche.

 

[FurloughedAgain]

Blzr,

When Wolf PROPOSED parity plus 1% the UAL merger was not even on the radar screen.

You said, "...If I'm not mistaken, the pilots all threatened to walk if the deal was not signed. The union held the upper hand..."

USAir ALPA has never had the upper hand in any negotiation. Too much division in the ranks due to multiple mergers. Wolf shoved parity +1% down the pilots throats.

Here's the F28 (group 4) rates you asked for:

Year F/O
2 $46.21
5 $60.96
10 $67.94
top $69.80

Year Capt
2 $92.42
5 $95.10
10 $99.77
top $102.19

min 12 days off
78 hr guarantee for short-call reserve
75 hr guarantee for reserve

Min line value 71 hrs
Max line value 85 hrs

By the way...this agreement was signed in January of 1998. The United merger was announced in May of 2000.

 

["TheBigPicture"]

S5....??

MDA.....??

CHQ=Screw everybody you can


You guys make me sick

 

[Crzipilot]

Furloughed,

Well I was about to post something trite and cute....but tired today. Parity +1% was forced on the pilots, and the pilots had nightmares over it for about 2 yrs up to the Parity review date. The data came out....pay raises...management had a heart attack..the pilots trumpted their horns.....all politics.

As to the guy that said he didn't want to goto US air due to reading the 10-k's etc....well give him the benefit of the doubt....though hard to imagine saying..CHQ is a better gig then taking the shot at a major. THOUGH I do know quite a few guys that turned their noses up at UAL and SWA etc..during the 80's.....said there's no way in *ell they woulda worked at those places......but then the 90's UAL was THE place to get hired....then AA etc........it's all cyclic....UPS....now hot....used to be so-so........

 

[Traumahawk]

S5....??

MDA.....??

CHQ=Screw everybody you can


You guys make me sick

Uhh, you obviously don't have "THE BIG PICTURE"

 

[FurloughedAgain]

The question, Crzipilot, is:

Was Chautauqua a better gig than US Airways in 1999?

Remember that was before the RJs...

before the multiple code-shares...

the company was still operating the Jetstreams...

Now there WERE people at Chautauqa in 99' who were better off at CHQ. Their quality of life was better at least. The difference in long-term pay was offset by their schedule and their ability to live where they wanted. Speaking specifically of the folks in upstate New York or Indy who were happy where they were.

Aside from those few people, nobody else had the vision to say that Chautauqua would become something more! As far as we knew it was destined to be what Colgan is today -- if we were LUCKY. There was no way to foresee what it would become.

One thing you and I agree on 100%

"but then the 90's UAL was THE place to get hired....then AA etc........it's all cyclic....UPS....now hot....used to be so-so........"

You're absolutely right. And I believe that the folks at airlines like AirTran and Jetblue will learn that lesson in the next decade or two.

 

[Flash]

Aside from those few people, nobody else had the vision to say that Chautauqua would become something more! As far as we knew it was destined to be what Colgan is today -- if we were LUCKY. There was no way to foresee what it would become

It has come a long way, that I will give you, but it's like playing ball and moving from a-aa-aaa, it's still the minors. And like Toby says, that means minor pay!

 

[kngarthur]

S5....??

MDA.....??

CHQ=Screw everybody you can


You guys make me sick

He's just jealous!

 

[ERJDRVR2]

S5....??

MDA.....??

CHQ=Screw everybody you can


You guys make me sick

Glad we could help..................

 

[FlyingDawg]

Something tells me that FlyingDawg was not offered a job after their interview with USAirways.

Benefit of the doubt Flyingdawg, which airline TODAY offered you a flying position would you accept and not accept?

Didn't apply to US.

Just look at any airline just like you would a stock investment. Earnings isn't everything. Cash is.

Most important is Cash from Operations. This adds back those noncash expenses. Depreciation on aircraft and equipment can add up!

Net Cash Flow should also be considered.

Good Bets: LUV, CAL, ALK

Bad Bets: DAL, NWAC, UAL, U

Just a quick note in addition to $44 million in earnings, RJET had $116 million in cash flow from ops and $24 million in net cash flow. Not too bad of a place to hang out until the airline duststorm settles.

Back to the topic.

 

[RP170]

Didn't apply to US.

Just look at any airline just like you would a stock investment. Earnings isn't everything. Cash is.

Most important is Cash from Operations. This adds back those noncash expenses. Depreciation on aircraft and equipment can add up!

Net Cash Flow should also be considered.

Good Bets: LUV, CAL, ALK

Bad Bets: DAL, NWAC, UAL, U

Just a quick note in addition to $44 million in earnings, RJET had $116 million in cash flow from ops and $24 million in net cash flow. Not too bad of a place to hang out until the airline duststorm settles.

Back to the topic.

I agree, especially since Wexford Capital is involved. There is big financial backing when you have the likes of Warren Buffet running the show at Wexford. Republic Holdings will never be hurting for cash and Buffet wouldn't be involved if he felt this was the case. I was doing my sim training up in Montreal and our Flight Safety instructor (retired UAL guy) said he read an article where a financial analyst stated that after all the dust settles in the industry (ie. mergers) there will be 2 regionals that will have a stronghold on the market: Republic Holdings and Skywest. I know that's not saying much since it's coming from an industry analyst but interesting none the less.