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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.
Anyone think Southwest will need to hire within the next 5 years?
crjdude
120 will be hired off the street in 2014. You heard it here first.
Bake
When looking at the numbers from 2013-2020 (the first 8 full years of age 65 retirements), Delta retires approximately 20% of their pilot group while Southwest retires approximately 16% of their pilot group (18% of the pre-merger SWA pilot group and 9% of the pre-merger AirTran pilot group).Yes. The bottom third will apply to the legacies because they will see very little movement for YEARS. The senior AT pilots aren't that old, and when they eventually upgrade they will stick around for years. Very few scheduled retirements (compared to the legacies) in the next decade.
Once Delta does get into their heavy retirements in 2018 and beyond, Delta's pilot costs will increase dramatically as 10-15% of Delta's pilots will be in the schoolhouse transitioning between aircraft types while 99% of Southwest's pilots will be flying the line at any given point in time. Airline profitability and balance sheet strength are directly proportional to the amount of money an airline afford can pay their pilot group every year (and steer clear of the bankruptcy courts).Throw in one airplane type, with one retirement equalling one upgrade and one new hire vs 1 widebody retirement at a Legacy causing multiple upgrades (up to 8 or 9 upward movements).
Replacing the 120 running to the legacies.
Bye Bye---General Lee
Outside chance at hiring in 2014.
Definitely in 2015. If we have guys that are going to be happier somewhere else, I'm all for them making the move. To each their own.
If a lot of people leave, those "buy your 737 type rating" places are gonna LUV it. Too bad that still happens. It's a shame, most airlines pay for newhire initial training, including any type ratings needed. Maybe that policy will change someday. Hmmmm.
Bye Bye---General Lee
Flat answer to the question NO. Block hours will be reduced as the fleet shrinks to 650ish airplanes with no change in ASM capacity and the schedule is aggressively optimized. Much higher odds of a furlough than hiring.
If a lot of people leave, those "buy your 737 type rating" places are gonna LUV it. Too bad that still happens. It's a shame, most airlines pay for newhire initial training, including any type ratings needed. Maybe that policy will change someday. Hmmmm.
Bye Bye---General Lee
There will be alot more than that.
and......my avatar looks better than yours. You should upgrade.
Last I checked DAL won't pay lodging or much else to new hires, glass houses... throwing stones?
No.Anyone think Southwest will need to hire within the next 5 years?
crjdude
Dude, not with the "furlough" crap again. If you really believe this, why don't you take my bet? It's a win-win for you. Chickensh1t? Is that it?
Bubba
600 over staffed, still no furlough. We are at that level now with no furlough.I won't take your bet because I think a furlough is more probable than hiring but not a certainty. If we end up 300 pilots overstaffed we probably won't furlough. If we end up 600 pilots overstaffed we probably will. I imagine they will use this as leverage either during sec 6 or to try and get contract concessions after sec 6.
600 over staffed, still no furlough. We are at that level now with no furlough.
When we hit 1000 of us sitting around, as GK hems and haws about waiting to buy the MAX instead of leasing older 737's, then we might get close to talking selective reduction in guarantee to keep the peace. Say 55-65hr min. If not, then furlough. I suspect nothing till everyone is at min guarantee year-round and getting the little green bar pay. GK must show he tried to make a deal with the pilots who wouldn't help out, before he pulls the plug. And once pulled, is always on his shoulders.