Are you thinking about the jump back to Hawaii/HAL?
No one has the proverbial crystal ball but both places seem good right now.
Alaska's growth seems less scary, HAL hopefully can sustain what so far has been a good and slightly profitable boom.
I have my stuff in...we'll see what happens. Some things have changed on my personal side that makes it possible where HA wasn't really an option before...we'll see.
It's true that AS's growth seems less scary, but that being said...it's also less scary to have more people under you on the seniority list when things go south.
AS is more financially sound then HA...for sure...AS pays cash for our new airplanes, HA is yet to secure financing on the remainging A330/A350's....we have much lower debt, "approaching Southwest levels" as one analyst put it. But to me that means that management at HA is on the same page as the pilots...this growth HAS to work. Because AS owns 30 airplanes outright and doesn't owe as much money...it's a no brainer for management to park them in the desert or sell them to Asia the minute things go south. All of this financial soundness/security has been great for the stockholders, but has not benefited the pilots one bit. We had 10% of our pilots on the street during a time that Alaska Airlines was THE MOST PROFITABLE it has ever been.
If I was hired this past December at HA, I would be at the same relative seniority that I am at Alaska now at over 5 years. If I were to get in one of these first few classes of this next push, I would be slightly better off in relative seniority at HA then I would be at AS in 2 years under managements current plans.
BUT...on the flip side...I hate interviewing, I don't want to go through another probation period, I'm just getting used to the idea of 21 days of vacation a year...not to mention the 100K+ financial loss over the first couple of years...although I do have a plan to mitigate that...what if the music stops before the two years is up.
BUT if similar management stays in place over the next 30 years, I see this continued strategy of anemic growth in airframes in good times with flat or even shrinking numbers of airframes...all while hitting managements target of 6% growth of ASM's. I think we will see another option exercise here in the next few months and I think it will be 900ER's and I think it will be to replace our remaining 700's and 400's. A 900ER has about FIFTY more seats than a 700. Can you say 5 more years of stagnation.
BUT the turtle beat the hare!
Ahhhh!!!!!!!!
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