Thu, Sep 04, 2008
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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