When does/Will the RAH/F9 deal close?

[StaySeated]

Boy and think how much extra money I would have if only I didnt have to pay that damn mortgage note I signed. Silly me!

Yet another "you dont pay your bills in bk" mis-statements.

F9 is still publicly held, and all of the SEC statements are public as well. Feel free to find any operating expenses that are being skipped. The fact of the matter is operating in BK is actually more costly than operating outside Ch. 11. F9 has been paying over $2 Million per month since last April in legal fees. Obviously, several contracts were rejected at the beginning (RAH, hotels, leases, oh yeah, pieces of FAPA's CBA) but to say that F9 is not "paying the mortagage" is not accurate. Every aircraft is being paid for, as well as every other operating expense. But don't take my word for it, you can look it up and verify the info.

Also, the BB quote is false. He was in Denver for two days. He had two pilot-only meetings and one employee-wide meeting. He never said anything about keeping F9 as long as it is profitable. He did, very clearly, state that there were going to be massive job losses due to the fact that over 21 cities currently have F9 and YX operations. There are going to be huge layoffs.

He also said all 56 furloughed FAPA pilots will be recalled within a year.

 

[airlinepilot]

Massive job losses but all FAPA pilots will be back to work within a year. Sooooo....does that mean FAPA pilots will not face any of the layoffs?

 

[ricj41]

At the outstations where we both operate we won't need duplicate gates, ticket counters, etc. That is where the layoffs are coming from. As well as the back office stuff. Don't need corporate offices in Milwaukee, Denver and Indy.

 

[hockeypilot44]

I think the Frontier pilots are being naive. Either they're going to end up with substantially less pay or their planes will be replaced with 190's.

 

[atpcliff]

Hi!

They can't replace Frontier's planes with -190s, because the -190s aren't big enought. It's different with the -717s at MWA, because they only held 100 people. Now, Republic may change routes around, and put some -190s on old Frontier Airbus routes, but then they'll put those Airbus' on other different routes to take advantage of their attributes, that no other plane in the Republic system has right now.

cliff
NBO

 

[dougdrvr]

Hi!

They can't replace Frontier's planes with -190s, because the -190s aren't big enought. It's different with the -717s at MWA, because they only held 100 people. Now, Republic may change routes around, and put some -190s on old Frontier Airbus routes, but then they'll put those Airbus' on other different routes to take advantage of their attributes, that no other plane in the Republic system has right now.

cliff
NBO

The 190s are replacing 147 seat aircraft also and so will the Airbus. Everyone seems to forget that Midwest operated 13 Md80s aat this time last year when the 170s started showing up.

 

[BE200drvr]

The problem is no one is looking at the economy. Everyone is thinking the economy is improving. Take another look.... unemployment just reached 9.7 %. If you include part-time workers and people who have given up looking for work, it is 16.8 %. I'm not buying the stimulus working for many many reasons, which will soon play out.

RAH will most likely put 190's on the F9 routes because of the amount of people (recession) flying and the cost effectiveness of the airplane and the amount you have to pay the crews flying that airplane.

RAH is backed by Wexford Captial and they have the cash to close the deal. That rumor is far fetched, only BB trying to get lower gate prices in DEN. RAH will close the deal.

SWA guys lay off and let this play out. I'm tired of seeing SWA people still hoping the deal fails. Ultimately SWA will add increased pressure on RAH and eventually the economy will force BB to disband the whole operation.

Hi!

They can't replace Frontier's planes with -190s, because the -190s aren't big enought. It's different with the -717s at MWA, because they only held 100 people. Now, Republic may change routes around, and put some -190s on old Frontier Airbus routes, but then they'll put those Airbus' on other different routes to take advantage of their attributes, that no other plane in the Republic system has right now.

cliff
NBO

 

[BoilerUP]

The problem is no one is looking at the economy. Everyone is thinking the economy is improving. Take another look.... unemployment just reached 9.7 %. If you include part-time workers and people who have given up looking for work, it is 16.8 %. I'm not buying the stimulus working for many many reasons, which will soon play out.

Unemployment is usually the last metric to show improvement as a recession ends.

 

[firstthird]

which is why it is called a 'lagging' indicator. but don't let basic econ 101 interfere with a good argument is what I always say.

 

[atpcliff]

Hi!

Bedford has already said that for lots of the MKE routes, the -170s are too small. I'm sure they will find a lot of routes to use the Airbus' on.

cliff
NBO