Fuel goes up and employment goes down.. its the ebb and flow of the world economy... it sucks..
In retrospect, the best thing I could have done to hedge against losing my own job was go long on oil companies. I could have retired at 30!
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Fuel goes up and employment goes down.. its the ebb and flow of the world economy... it sucks..
So are you rooting for me to lose my job, because it's how I feed, clothe and shelter my little girl and my wife. I hope thats not your point.
This was my fear of working at an airline with 300+ outdated jets. They are becoming maintenance and fuel nightmares and will ultimately drive costs through the roof and render us uncompetitive and fodder for pull- downs. Don't look for any renewals of contracts based on our horrible performance which is almost entirely self-inflicted.
They're too busy witht the merger to worry about their bread and butter. Too bad when that work is done DL and UA will be sending the bulk of our fleet to the glue factory slowly but surely.
So are you rooting for me to lose my job, because it's how I feed, clothe and shelter my little girl and my wife. I hope thats not your point.
Unfortunately, the airline industries leadership has not been very pragmatic in their strategy for the future. They had every reason to plan for an believe that the 35/50 seat jet is a giant pink elephant on their balance sheets. I cannot quote the article, but an analyst from the ATA predicted that by 2017 when most of the CRJ/ERJ contracts are going to be up for renewal that less that 30% of those airplanes will still be flying.
...and notice who is hiring.