AVSIG: Republic Airways Files Bankruptcy wwswsigarch.jpg (7236 bytes)

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Mase Taylor
Top Gun


Reged: 04/29/04
Posts: 9446
Loc: SOCAL
Republic Airways Files Bankruptcy
      #422274 - 02/26/16 12:55 PM

Bloomberg

"Short-haul carrier Republic Airways Holdings Inc. filed for bankruptcy Thursday, blaming a lack of pilots for its failure to succeed when major airlines are enjoying record profits.

Indianapolis-based Republic operates a fleet of smaller planes that provide flights for larger airlines including American Airlines Group Inc., Delta Air Lines Inc. and United Continental Holdings Inc. Although it landed a three-year union contract with its pilots last year, the company still had to ground aircraft just as it was trying to renegotiate agreements with the larger carriers and to rework terms of aircraft leases."

--------------------
Fly The Airplane As Far Into The Crash As Possible. - Bob Hoover 1922-2016 R.I.P.


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Richard Duxbury (Dux)
Top Gun


Reged: 05/15/04
Posts: 5468
Loc: Minneapolis/Tucson
Re: Republic Airways Files Bankruptcy [Re: Mase Taylor]
      #422278 - 02/26/16 03:38 PM

Ah, a pilot shortage even with a new contract? Of course, I don't know what was the pay package in the new contract. In any event, this problem is certainly underway throughout the world and now even smaller feeder carriers in the USA?

I DO know, that most major carriers in the USA and world wide, are hiring pilots in large numbers.

Bankruptcy has also been in the past for many major US Carriers.

Glad I don't worry about crew schedules calling me for a schedule change-etc. Thus I bid summers off, all holidays, birthdays, family events, whatever-even every Saturday when I'm in Minnesota for BP lunches.

Regards,

Dux


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Randy Sohn
Gradn Exlated Ordre of teh Fyling Fingres


Reged: 08/31/01
Posts: 23187
Loc: Savage, MN - U.S.A.
Re: Republic Airways Files Bankruptcy [Re: Richard Duxbury (Dux)]
      #422279 - 02/26/16 03:47 PM

Quote:

bid summers off, all holidays, birthdays, family events, whatever




Ain't bein' retired different!

best, randy


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Mase Taylor
Top Gun


Reged: 04/29/04
Posts: 9446
Loc: SOCAL
Re: Republic Airways Files Bankruptcy [Re: Randy Sohn]
      #422280 - 02/26/16 03:59 PM

Quote:

Quote:

bid summers off, all holidays, birthdays, family events, whatever




Ain't bein' retired different!

best, randy




"Of a Certainty."

--------------------
Fly The Airplane As Far Into The Crash As Possible. - Bob Hoover 1922-2016 R.I.P.


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Randy Sohn
Gradn Exlated Ordre of teh Fyling Fingres


Reged: 08/31/01
Posts: 23187
Loc: Savage, MN - U.S.A.
Re: Republic Airways Files Bankruptcy [Re: Mase Taylor]
      #422307 - 02/28/16 12:34 PM

Quote:

"Of a Certainty."




Chuckle, you got it, that Antonov aeronautical engineer just would never realize how when he answered with that to me how widely truthful his answer was going to be, he thought that I was only asking about their Soviet copy of the B-29, the TU-4.

best, randy


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