Republic's Earnings

[urflyingme?!]

When is the vote? I was hired but won't be in training until I get out of the military? If the pay is so bad why aren't the captains leaving given the hiring by the legacy airlines? What are the odds you'll strike, the pilots voted to strike did they? Trying to get the pulse of the pilots before I step into the blood!

Umm, like the 300 pilots who have been hired by the majors in the last 5 years? Do you think that every regional pilot is there by choice?

 

[gazoo34]

Ok so the contract is voted down, what happens next? I understand you voted to strike but didn't...why vote to strike and not strike? How many FOs to Captains? It seems the FOs would want this contract and given the company made good money last year according to the earnings report wouldn't they like to keep the status quo? Just trying to figure out how this will fall out and if other regionals will be a better place to go?

 

[johnsonrod]

Ok so the contract is voted down, what happens next? I understand you voted to strike but didn't...why vote to strike and not strike? How many FOs to Captains? It seems the FOs would want this contract and given the company made good money last year according to the earnings report wouldn't they like to keep the status quo? Just trying to figure out how this will fall out and if other regionals will be a better place to go?

Someday you'll get to fly Mitsubishi MRJs at Skywest... :laugh:

I think a lot of that depends on where you want to live and obviously upgrade time. Republic would work if you get assigned the E170/75 and live on the East Coast. Skywest might work better on the West Coast or in ORD I believe. Aren't too many other regionals I would consider that would provide good upgrade times.

 

[inflightboi175]

http://www.investingdaily.com/16262/flight-path-to-wealth

 

[Flying Illini]

Ok so the contract is voted down, what happens next? I understand you voted to strike but didn't...why vote to strike and not strike? How many FOs to Captains? It seems the FOs would want this contract and given the company made good money last year according to the earnings report wouldn't they like to keep the status quo? Just trying to figure out how this will fall out and if other regionals will be a better place to go?

www.rahcontractnow.org

Just so you know, I left shortly after we voted to strike, 19 months ago. The strike vote had 98.9% participation with 99.25% voting to approve a strike. Those numbers are staggering! It worked out to ~25 people voting "no" to a strike. So, 19 months ago it was nearly unanimous, "F this, lets walk." Unfortunately the pilots don't get to make the decision. The NMB must release both parties to self-help. The pilots can walk and the company can lock the pilots out. The NMB is a political arm and as a regional flying for every major out there, they will likely NEVER be released to strike. The company knows this and is taking advantage of that by not bargaining in good faith.

The FO's don't want this contract, neither do the Captains. The FO's are topped out (most are) on the payscale which means no raises or COL adjustments. Each year their buying power decreases. Captains at least get to continue with longevity raises. Some captains won't leave because they are making 90k a year and they don't want to start over somewhere. They are "lifers" and that is their choice. Keep in mind, in 2013 the pilots are still operating under the 2003 contract which was negotiated when there were a handful of E145's on property and a bunch of Jetstreams. No regional out there was ever going to fly anything with more than 50 seats. It was a different freaking world back then. That contract became amendable in April 2007 and the pilots are no closer to a contract now, 6 years later, than they were back when negotiations opened.

Any other regional would be a better place to go.

 

[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.


Sent from my iPhone using Tapatalk

 

[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.