The Republic Airways Holdings Bankruptcy Dilemma

In 2017, the Republic Airways Holdings, an airline that blamed its shortcomings on pilot shortage, filed for Chapter 11 protection or in simpler terms, bankruptcy protection. While the airline’s employees, share and stakeholders gathered around in shock as the news for restructuring the Airways began in constraint, it was hard to accept the facts despite possessing core leadership values and performance.

‘Outdated’ Regional Model

The Republic Airways Holdings operated majorly as a regional airline, where it would transport flights outsourced by the Delta, American, and United entities. The airline had been operating under the misnomer regional model for about twenty years, but this was outdated, and hence, their lease-in business of contracting aircraft and crew by other airlines significantly decreased.

Decreased Value

As mentioned above, the outdated business model of leasing-in aircraft, crew, and other inventory from by retail airline systems became impractical. Many refused calling the Republic Airways as an airline while others refrained from admitting to the scope of its regional transportation business.

Nobody knew that the Airways will have to file for bankruptcy protection under Chapter 11 after enjoying two decades in the air. Similarly, if you’re doing business – retail, real estate, or software – in any state of the USA, let’s say, the Knox County of Tennessee, it is wise to glance at your assets and opt for bankruptcy attorneys in Knoxville, TN, before you crash down just like the airline once did.

Reduced Demand

Previously, the Republic Airways was under the American Airlines system as one of its carriers when flying domestic and in-house flights was reasonable and actually within the major airline’s budget and need. However, in 2017, due to the decreased value and demand of the leasing-in market, Republic crashed, as American Airlines upgraded their data management system for high efficiency.

Divorce Statistics And Interpreting Them

The debate of divorce has been changing recently as awareness has increased. However, there are still many people who are misleading. Statistics are made every year and their conditions also change every year. The most important thing surrounding statistics is careful interpretation. The interpretation must be considering all aspects of a statistic report. This is important because once you’ve fully read and understood a statistic report on social issues like divorce, you will begin to understand the complications. Some people end up holding back from getting married just because they read a statistic report on divorce that scared them big time.

How to Understand a Statistic Report?

The first that you hold know is that there are reports following previous reports. If you compare them, you deduce results based on which some people make decisions. Most reports have results that show that every 1 out of 2 marriages end up in divorce. There are ways to prove the statistic is right but what is intelligently deduced form the report can differ from these results. One instant through which this argument can be supported is the statistics compiled by National Vital Statistics System that saw that the rate of divorce in 2011 was 3 per 1000 of total population while the rate of marriage in the same year was 6.8 per 1000 of total population. Instead of interpreting that still every 1 out of 2 marriages ends in divorce, you can look at the total numbers. The total number of the statistics will show that the rate of divorce actually went down to 40% from 50%.

It was later examined and judged that people are more inclined towards taking their issues to divorce attorneys like Herbert & Lux divorce attorneys in Nashville, TN to resolve them.