StaySeated
IBT does not represent ME
- Joined
- Nov 27, 2001
- Posts
- 782
Cycles
The only thing that occurs in cycles are furloughs as capacity lags behind the direction of the overall economy. The effort to lower labor costs has not been cyclical, it has been a constant downward trend that really picked up steam in the 80's with the concept of a "b" scale. The obvious split of a single seniority list did not prevail, but the end result has been achieved with wholly owned subs and whip saw feeds. Combine the fact that "small jets" will eventually completly replace narrow bodies and the ultimate coup de tat, elimination of defined benefit plans and I can say with little doubt that no, this industry will never be what it once was. Call it a paradigm shift or fundamental change in the business model or a total crock of sh1t, regardless, if you think you are going to make 1999-2000 coin any time in the next 20 years I believe you are very wrong. I am not even talking about adjusting for inflation, the pre-concession UAL/DAL contracts are dinosaurs.
The only thing that occurs in cycles are furloughs as capacity lags behind the direction of the overall economy. The effort to lower labor costs has not been cyclical, it has been a constant downward trend that really picked up steam in the 80's with the concept of a "b" scale. The obvious split of a single seniority list did not prevail, but the end result has been achieved with wholly owned subs and whip saw feeds. Combine the fact that "small jets" will eventually completly replace narrow bodies and the ultimate coup de tat, elimination of defined benefit plans and I can say with little doubt that no, this industry will never be what it once was. Call it a paradigm shift or fundamental change in the business model or a total crock of sh1t, regardless, if you think you are going to make 1999-2000 coin any time in the next 20 years I believe you are very wrong. I am not even talking about adjusting for inflation, the pre-concession UAL/DAL contracts are dinosaurs.