Godfather
Well-known member
- Joined
- Jan 16, 2005
- Posts
- 383
This reports says this:
"The company, which owns regional carriers Chautauqua Airlines and Republic Airlines, said in a federal filing "the company is no longer seeking extensions for 27 of 41 Embraer planes." It cited a "significant reduction" in pilots who meet U.S. experience rules.
Republic added that it expected to take the 27 planes out of service this year, a move that will reduce pretax income between $18 million and $22 million. It did not give more financial details in the filing. Airline officials were not immediately available for comment.
The company also said it would create 750 fewer jobs because of the change."
Pilot Shortage really to blame? Wonder which fleet they'll cut back?
Fire away my Brothers and Sisters!
http://finance.yahoo.com/news/republic-airways-says-lack-pilots-165824888.html
"The company, which owns regional carriers Chautauqua Airlines and Republic Airlines, said in a federal filing "the company is no longer seeking extensions for 27 of 41 Embraer planes." It cited a "significant reduction" in pilots who meet U.S. experience rules.
Republic added that it expected to take the 27 planes out of service this year, a move that will reduce pretax income between $18 million and $22 million. It did not give more financial details in the filing. Airline officials were not immediately available for comment.
The company also said it would create 750 fewer jobs because of the change."
Pilot Shortage really to blame? Wonder which fleet they'll cut back?
Fire away my Brothers and Sisters!
http://finance.yahoo.com/news/republic-airways-says-lack-pilots-165824888.html