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Anyone think Southwest will need to hire within the next 5 years?
crjdude
Yep, what Phred said. But, the Wright Amendment ends in October of 2014 and Southwest is scheduled to break ground on the international terminal at Hobby in September with the first flights anticipated in 2015. Southwest is fully funding the five-gate international terminal at an estimated cost of $156 million so I would not be surprised to see at least some growth in order to realize a return on that investment. So, growth in the very short term is not entirely realistic, but growth between now and 2018 is certainly plausible.Unless there is a lot of growth...no.
Phred
If SWA does not hire between now and August of 2018, age 65 retirements will trim the SWA seniority list to just under 7,100. When you factor in some guys leaving for the legacies and FedEx and the occasional guy getting fired for a lapse in judgement skills, there would probably be less than 7,000 pilots on the list. So unless you feel SWA will be trimming there system block hours about 10% over the next 5 years, there will be new hires at SWA.Anyone think Southwest will need to hire within the next 5 years?
crjdude
If SWA does not hire between now and August of 2018, age 65 retirements will trim the SWA seniority list to just under 7,100. When you factor in some guys leaving for the legacies and FedEx and the occasional guy getting fired for a lapse in judgement skills, there would probably be less than 7,000 pilots on the list. So unless you feel SWA will be trimming there system block hours about 10% over the next 5 years, there will be new hires at SWA.