Republic's Earnings

[inflightboi175]

Q4 2012 Republic Airways Holdings Earnings Conference Call
http://edge.media-server.com/m/p/35u96p2m/lan/en

 

[gazoo34]

Ok so the pilots vote to strike and the NMB will never release them, it sounds likes its time for my Grandfather from Italy to come back and organize a "wildcat" strike. If nothing is going to change why is the pilot union still negotiating?
If there is one thing I've learned if the company is making money and doesn't have to increase labor cost it won't.
I really feel for you guys and I may be one soon.

 

[Flying Illini]

Ok so the pilots vote to strike and the NMB will never release them, it sounds likes its time for my Grandfather from Italy to come back and organize a "wildcat" strike. If nothing is going to change why is the pilot union still negotiating?
If there is one thing I've learned if the company is making money and doesn't have to increase labor cost it won't.
I really feel for you guys and I may be one soon.

I'm no longer there but I put in my 5 years. Read up on what happened to APA and American Airlines when they performed an illegal work action. It was an expensive bill that the union had to pay to the company.


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[gazoo34]

"Once the NMB releases the parties from mediation, however, they retain the power to engage in strikes or lockouts, even if they subsequently resume negotiations or the NMB offers mediation again.
The federal courts likewise have the power to enjoin a union from striking over arbitrable disputes. The court may, on the other hand, also require the employer to restore the status quo as a condition of any injunctive relief against a strike."

I'm not sure why the pilots are negotiating it sounds like they have no recourse. I hope it all works out for them and I guess me in the long run.

 

[Flying Illini]

"Once the NMB releases the parties from mediation, however, they retain the power to engage in strikes or lockouts, even if they subsequently resume negotiations or the NMB offers mediation again.
The federal courts likewise have the power to enjoin a union from striking over arbitrable disputes. The court may, on the other hand, also require the employer to restore the status quo as a condition of any injunctive relief against a strike."

I'm not sure why the pilots are negotiating it sounds like they have no recourse. I hope it all works out for them and I guess me in the long run.

You keep negotiating because you don't want to strike. Well that and the fact that if you don't negotiate in good faith you will never get released from mediation.