Wednesday, June 24, 2009

Fully Owned Subsidiary of Republic Airways?

A couple days ago, we got word from our CEO that Republic Airways Holdings, Inc. has made an offer to purchase Frontier Airlines and Lynx Airlines as fully owned subsidiaries of their holding company. They've even got a cool video that has been posted on their website...http://www.rjet.com/video-cos-win-lg.html which has photos of Frontier jets.

All this, of course, is dependent on no other entity coming forward at the bankruptcy auction in July and offering a larger amount of money. So our future is not yet set.

If this sale goes through, we don't know what's going to happen. Republic does not fly our type of jets, so one would assume that they will need to keep the flight crews intact, and most of their flights are on the eastern half of the country. But we have no idea what the future holds...our CEO will be holding a Town Hall tomorrow and maybe give us more insight as to our future.

All kinds of rumors are flying, and for that reason, I'm glad I've got days off until Saturday. Then, I'm sure I'll hear all kinds of stuff in the crewroom and in the galleys on the plane.

And then yesterday, it was announced that Republic Airways Holdings, Inc. is also buying Midwest Express airlines! This is all going to be very interesting...

So keep your fingers crossed for me...and for the future of our airline!

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