FlyBoeingJets
YES, that's NICE
- Joined
- Mar 20, 2003
- Posts
- 1,802
SWA has always had the most competitive rates for flying, either they go down or the industry comes up. In my opinion, the rates at SW will likely freeze until the rest of industry matches it. SW used to have more productive pilots flying more hours for less money in the 80's and 90's. Today the major pilots work the same as SW pilots at less pay. It's economy 101 that you can sustain that rate in this type of market.
I've read your dire warnings for years, Mr. PhD of Airplanes. Yet quarter after quarter since pay and benefits have gone down at all the Legacies, we don't see the effect you have predicted. We see higher costs due to hub inefficiencies, fleet mix issues and debt problems at the Legacies. We've seen JetBlue stumble and now they have high debt for their size.
Airtran and USAir are the only immediate sources of trouble on the horizon. Is that what you are referring to?
How many more quarters until it all comes true???? Just give us a rough guess.
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