Lear70
JAFFO
- Joined
- Oct 17, 2003
- Posts
- 7,487
I'm sorry, did you miss the point of the discussion, Professor?and the airlines have lost a combined $!1B+ in the first half of the year, where is all this money going to come from to give pilots all this money?
We're talking about LEVELING the playing field. As in, taking some of the steep increases out of 1st-to-2nd year and 2nd-to-3rd year pay and making 1st year pay much higher, increases in 2nd and subsequent years to possibly year 5 or 6 pay not so drastic, which is the SAME total pie, just redistributed so that those who WANT to leave don't go from making $95k a year to $36k a year and, thus, CAN'T go to another airline unless their spouse makes enough to hold them afloat that 1st year.
The increase in salaries is a different argument, but the airlines are solving that problem for us. Decreased competition, decreased ASM's equals increased pricing power and the bottom line is that most people will pay for it rather than go Greyhound or drive their own car (which is much more expensive than the tickets still).
Proof? Easy... airlines have raised fares an average of $18 per ticket this year alone, and during the Spring and Summer months we left people at the gate nearly every leg. Even in "off" season right now, the loads are still pretty decent.
Prices are going to come up... slowly... and people are going to pay it. The cost of EVERYTHING in life goes up... an airline ticket is no different, costing much more now to produce than in years past. Like any business, you pass that cost onto the consumer, and in this case, with decreased competition, the consumer has no choice but to pay it.
Been needing to happen for decades...