Two words to get used to for the next few years: Pilot crisis.
What to Know Now
With all of that moneymaking going on over in the commercial airline industry you’d think that bankruptcy would be a far cry for most carriers, but Republic Airways just proved us wrong. Late last week the Indianapolis-based carrier filed for bankruptcy citing a pilot shortage and irreconcilable partner contracts. Republic partners with the big three carriers to operate many of their regional flights on routes such as Chicago to Milwaukee or San Francisco to Bend.
As with most carrier bankruptcies, not much will change from the consumer perspective. Flights will still go on, miles will be earned and to the untrained eye it’ll be business as casual. Over the next several months, however, Republic needs to put some serious work into finding pilots and renegotiating contracts. Anyone need a job?
Social Quote of the Day
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Photo credit: An American Eagle regional jet. 138648 / 138648