Originally Posted by
1234
While it is great that we are getting new airplanes, they have zero growth for our airline. As it stands now, they are a one for one replacement, and unfortunately, they are replacing a sizable number of larger paying equipment.
Bingo. Very soon, the 747/777 aircraft and rates will shrink considerably. Soon average CA rates will go from $190/hr to $160/hr with the introduction of the 737-900s.
Someone's been attending Penn and Teller's "Sleight of Hand" symposium.