RAH cancels November ERJ190 MKE Bid?

[GOULET!]

The pilot group at RAH actually stood up for their fellow pilots and said no, we will not take over your flying?

HA! Yeah right....Republic pilot's standing up for what's right...that will be the day.

 

[PBRstreetgang]

The pilot group at RAH actually stood up for their fellow pilots and said no, we will not take over your flying?

Haha good one,
The company has no money left to pay the sim bill.
PBR

 

[texman]

So is it official that RP has bought frontier, or is it up for bid still?

 

[CFI]

So is it official that RP has bought frontier, or is it up for bid still?

I believe the auction process goes through August 10th or 11th.

 

[9rj9]

its over

Bankruptcy judge approved it. Republic now owns 320's.

 

[UnstableAviator]

HA! Yeah right....Republic pilot's standing up for what's right...that will be the day.

Like CHQ fighting off the alter-ego Republic with scope in 2003? How quickly we forget...

 

[wmuflyguy]

Bankruptcy judge approved it. Republic now owns 320's.

Wrong.


http://www.marketwatch.com/story/court-oks-republic-air-plan-to-acquire-frontier

LOS ANGELES (MarketWatch) -- Frontier Airlines Holdings /quotes/comstock/11i!frntq (FRNTQ 0.06, -0.01, -16.88%) said Monday that the judge presiding over its Chapter 11 bankruptcy cases in New York has approved the proposed $108.75 million purchase of the company by Republic Airways Holdings /quotes/comstock/15*!rjet/quotes/nls/rjet (RJET 5.25, -0.08, -1.50%) upon Frontier's emergence from bankruptcy. The agreement provides for an auction period, said Frontier in a statement. Bidders interested in placing a competing bid must submit an initial proposal by Aug. 3 and a final proposal by Aug. 10. If necessary, an auction will be held on Aug. 11. Frontier said it expects to emerge from Chapter 11 this autumn.

 

[goodpilotithink]

it is going to be sad when those guys are broke and the rah pilots who undercut the Comair pilots who struck for 89 days to get a better contract are all on the street.

Those two Airlines have been losing their arse for years and the sucking sound will continue until they are bankrupt.

Ya, going to be a real sad day...not

 

[$$$4nothin]

it is going to be sad when those guys are broke and the rah pilots who undercut the Comair pilots who struck for 89 days to get a better contract are all on the street.



Ya, going to be a real sad day...not

As long as Airways, Delta, United, American are paying RAH they will not go broke. Not to mention if you look deep into the numbers Republic is actually only buying Frontier for $2 million. Look at the $ RAH gave Frontier a year or so ago, then add the amount RAH bid for Frontier then subtract the amount that Frontier owed RAH, and it comes out to $2 million that RAH is getting Frontier for.

 

[texman]

I believe the auction process goes through August 10th or 11th.

So who else do u guy's think will bid on it.JetBlue, SWA?