Originally Posted by
Elvis90
During those difficult years the company was hemorrhaging money, but today they have achieved a successful business model with capacity discipline and additional fees. Times have changed, again, for good or bad...compensation will change again as well.
Add to this the fact that regionals can't fill their new-hire requirements with the ATP/1500-hour rule & low pay, along with thousands of upcoming retirements at majors: you've got a market that allows pilots to choose companies to work for. Most companies are hiring now, and my guess is that every major airline & cargo company will hire in 2012. If airlines want to keep their pilots then compensation will need to follow, or else pilots will leave for the money.
Agreed. Things change...the industry cycles.
Last edited by Old UCAL CA; 06-29-2011 at 12:23 PM.