Growth has come to a screeching slowdown, and planes are being erased from the fleet plan via sales and lease expirations that are not renewed. Its still net growth, but less than a third the growth it was a little over a year ago. 320 sales are being accelerated to half of the remaining (lower) post-deferral numbers. Maybe 6 a year, tops.
The 190 is 6 per year as well. Partly because it can't compete anywhere in the midwest. Unless we radically change our business model, it never will. We still treat new cities as JFK-FLL. IOW we price and market them so that they have to be full, every flight, every time, or we can't/refuse to make money on them. Also the factory is unable to produce any more than that without burning other customers of theirs. That's why we mutually agreed on a 66% reduced delivery sked. Lots of managerial/philosophical changes going on though, so hopefuly that changes. Expect a first class soon, that should help.
Attrition is around 150 per year. We still haven't hit the bulk of AA/TWA or DAL recalls, and most of the bottom 60% or more would bail to SWA, FEX, UPS and the legacy of their choice already. Some are holding out for post 9-11 contracts to happen and then bail (first year or even two pay at UAL, CAL and NWA would be a catestrophic pay cut for most with a family to support) but expect attrition to be 150-200 per year. That will account for over half the hiring.
Pay raises are possible, but extremely unlikely unless post 9-11 contracts start to be inked. 320 upgrade is a long, long way off for a new hire today. 190 upgrade will probably swing from 2 to 3 years and back again for quite a while though.
$43,710 is the least you will make as a new FO in either plane based on 12 months of min guarantee. Training pay is less, but breaking guarantee/holding a line adds money rapidly per hour. I'd say 50K your first year if you slack, 55 if you fly average and 60-65 if you work really hard. You can actually make a lot more if you live at the airport, and some guys do. I know a second year FO who will probably top 120 this year, but that's all he does.
Also compare insurance plans at your regional with Blue's. Some are better, others the same, a few worse. This could be a serious financial swing in your consideration. As with any move, calsulate not only how long it would take for you to make what you are making now, but also how long it will take for you to make up for the loss of income (plus interest/investment appreciation) since you mentioned you would be taking a pay cut.
Best of luck with your decision and welcome aboard if you chose to work here. I hope my post didn't sount too negative. I'm just trying to give you an honest assessment of what to expect. Overall its not a bad place to be, though it could be (and needs to be) better. In any case, neither you or the company will benefit from failing to meet your expectations and leaving you disappointed and regretting your decision.
Know what you're getting into and make the best choice you can for you and your family.