Republic Airways Submits Last, Best And Final Offer To Its Pilots

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Republic Airways Submits Last, Best And Final Offer To Its Pilots

August 26, 2015 - Republic Airways Holdings parent company to Indianapolis, Indiana based Republic Airways has presented what it calls its "Last, Best and Final Offer" to the International Brotherhood of Teamsters Local 357 representing its almost 2,100 pilots. Republic Airways operates service as American Eagle, US Airways Express, and United Express.

In a letter sent out by Republic Airways to its pilots it said "We cannot remain stuck at the crossroads any longer. Our morale has suffered and our people are exhausted. Our codeshare partners, our sole source of revenue are justifiably frustrated with our performance.

"Our suppliers and vendors are no longer willing to wait for us to resolve our issues. Our stock price has been battered. This situation cannot persist. We have to choose one of two paths forward. Our better path begins with an agreement on a new Pilot contract."

Matt Koscal, Republic vice president for Human Resources said, “Our Pilots deserve an industry-leading contract and this proposal meets that standard. It provides our Pilots improved job protection, compensation and quality of life for them and their families. It starts us on the path back to our tradition of operational excellence and a competitive position in the marketplace. We’re asking the Union to put this contract to a vote and asking our Pilots to read it. It’s time to move forward.”

The Teamsters Local 357 union representing the pilots have indicated they are reviewing the offer by Republic Airways Holdings with its leadership to decide whether to send it to its membership for a vote. Republic Airways has hinted at it may file for Chapter 11 bankruptcy protection if the union fails to agree to this new Collective Labor Agreement (CLA) with its pilots.