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Thu, Sep 04, 2008

Aero-News: Quote of the Day (09.04.08)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"Management's plan to replace all but nine of our B-717s with EMB 170s and replace Midwest pilots with Republic pilots will have a devastating impact -- raising the number of Midwest pilots who are out of work to approximately 300 of the some 400 pilots who were employed before TPG/NWA purchased the airline earlier this year. Furthermore, management restated its continued intent to wring drastic, draconian concessions from our pilots, holding our very jobs hostage as part of its deal with Republic."

Source: Captain Jay Schnedorf, chairman of the Midwest Airlines unit of the Air Line Pilots Association. The Milwaukee-based carrier announced Wednesday it has secured $60 million in additional financing, including commitments from TPG Capital and Republic Airways Holdings. The latter includes a major stipulation... that Republic Airways fly 12 Embraer 170s for the airline, replacing a number of Boeing 717s the carrier plans to return to Boeing.

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