WTF is Republic doing??

[sweptback]

You know, you're right.

Their FO payscale does say "For all jet types", but the biggest "jet type" mentioned in the 2003 CBA is up to 99 seats and even the dumbest of labor attorneys should be able to slam-dunk that grievance...

Don't count on it. If I recall correctly, RAH doesn't even have a functioning union right now. How are they supposed to defend a contract, all the way to an arbitration hearing? Plus, the recent batch of arbitrators lately haven't been very labor-friendly.

It won't matter though. My prediction: RAH already knows how to get around the scope they agreed to, and Frontier will be operated as a wholly owned subsidiary without merging the lists.

 

[planedriver]

This is the final nail in the coffin for the airline pilot profession.

 

[Popeye0537]

Don't count on it. If I recall correctly, RAH doesn't even have a functioning union right now. How are they supposed to defend a contract, all the way to an arbitration hearing? Plus, the recent batch of arbitrators lately haven't been very labor-friendly.

It won't matter though. My prediction: RAH already knows how to get around the scope they agreed to, and Frontier will be operated as a wholly owned subsidiary without merging the lists.

Nope can't do that. If approved, the list must be merged per CBA and our union has been functioning Better under the current trustee than it has been for the past 6 years under the direction of our crooked business agent T.M and G.S

Only time will tell.

 

[CX880]

It won't matter though. My prediction: RAH already knows how to get around the scope they agreed to, and Frontier will be operated as a wholly owned subsidiary without merging the lists.

Why would they want to have separate lists??? A320 + regional pay = profits. They have the obedient RAH pilots already covered the problem will be with frontier pilots, wich will be no problem at all during these hard unemployement times. Accept the terms or be replaced.

 

[WAZUP]

WOW! 35hr to fly a 320 where do sign? Sad. Sums it up. I'm retiring at a regional. Time to go back to school?

 

[DHPFLYN]

this is the final nail in the coffin for the airline pilot profession.

no shi*

 

[PCL_128]

You know, you're right.

Their FO payscale does say "For all jet types", but the biggest "jet type" mentioned in the 2003 CBA is up to 99 seats and even the dumbest of labor attorneys should be able to slam-dunk that grievance...

Arbitrators always default to "plain language" to make decisions if its available. That language is pretty damned clear. I doubt an arbitrator would even bother reading the legal briefs after reading the plain contract language. "All jets" is all jets. Period. What a frickin' disgrace.

 

[Indy319FA]

And Republic will now get a paycheck from United that it will use to compete with Frontier against United in DEN. Wonder how United likes that?

Doesn't matter as long as Republic DBA Chautauqa and Shuttle does not violate the terms of the contract, unless UA goes into bankruptcy or the contract expires. In either of those cases, RAH can send the aircraft back to the lessors.

 

[lookin4better]

No one else ( Jetblue etc ) will step up to buy Frontier, simply because this new stand alone carrier will fail miserably thus removing Frontier as compitition..... other carriers will just sit back and watch a stand alone Republic sink like the titanic.

 

[lookin4better]

Arbitrators always default to "plain language" to make decisions if its available. That language is pretty damned clear. I doubt an arbitrator would even bother reading the legal briefs after reading the plain contract language. "All jets" is all jets. Period. What a frickin' disgrace.

A complete frickin' disgrace! 100% agreed...

 

[NoJoy]

Southwest should be happy to hear the news. All they need is an excuse to grow more out of DEN. Time will tell-

 

[Browntothebone]

http://finance.yahoo.com/news/Republic-Airways-to-Serve-as-bw-3063615527.html?x=0&.v=1



Republic Airways to Serve as Equity Sponsor for Frontier's Exit from Bankruptcy

* Press Release
* Source: Republic Airways Holdings
* On Monday June 22, 2009, 5:30 pm EDT


INDIANAPOLIS--(BUSINESS WIRE)--Republic Airways Holdings (NASDAQ/NM: RJET - News) announced today that it has agreed to be the equity sponsor of Frontier Airlines’ plan of reorganization. The plan, which is subject to bankruptcy court approval and various conditions, would allow Republic to purchase 100% of the equity in the reorganized company for $108.75 million.

If approved and completed, the plan will result in Frontier’s successful exit from Chapter 11, at which point it would become a wholly owned subsidiary of Republic Airways, alongside the other Republic operating companies: Chautauqua Airlines, Republic Airlines and Shuttle America.

“Thanks to the hard work of its employees, Frontier has made tremendous strides during its restructuring process, recently posting its sixth straight monthly operating profit despite challenging economic conditions,” said Bryan Bedford, chairman, president and CEO of Republic Airways. “Adding Frontier to the Republic portfolio of operating companies is an opportunity for both companies to build on recent successes and strengthen the Republic organization for the benefit of all stakeholders.”

Frontier’s proposed plan of reorganization was filed today with the U.S. Bankruptcy Court for the Southern District of New York. Frontier has also filed a motion to approve the investment agreement with Republic, which is subject to higher and better proposals under a court-supervised auction. A hearing at which Frontier will seek court approval of the investment agreement and proposed auction procedures has been scheduled for July 13, 2009. Frontier currently expects to conclude the auction process and emerge from Chapter 11 during the fall of 2009.

The proposed plan of reorganization provides for general unsecured creditors to receive $28.75 million in cash. An additional $40 million of the sale proceeds would be applied as repayment of the outstanding DIP loan.

Now if they can get a flowthru agreement between RAH and Frontier worked out. That would be great for RAH pilots.

 

[hockeypilot44]

Now if they can get a flowthru agreement between RAH and Frontier worked out. That would be great for RAH pilots.

Lol. You say some funny stuff sometimes. You need to stop. The Republic pilots are getting excited.