Originally Posted by
Moonwolf
Geezz...American Eagle a well known name.. I want what your smoking... Regional airlines are the ghosts of major airlines. "what airline do you work for?" .....uhh...insert regional____...
.."hmm. never heard of it"....we do work for AA/UAL/US/DALetc ... ."Ohhhh thats cool"
Everybody is speculating on whats going to happen, who cares. Were not in control. Some will probably lose their job, and for some nothing will change. I never want to see a pilot lose their job... unless its go-jets/mesa or something like that.
Bottom line is what ever happens, regionals need to stop bending over and taking ****ty contracts. Business is about making a return on investment, making money and drinking beer. Period.
The only certainty is that ALL pilots involved will suffer. The only winners are the executives and the crony system they support. 5-7 years from now, this is going to be one nasty looking career for most. As it stands now, the average major airline captain is middle-middle class and will be lucky to actually see half of their pensions.
Those who are working at one day becoming a major airline captain will be lucky to make as much as a good plumber, HVAC guy or retail store manager. In today's dollars, that's $100K/year and a run-of-the-mill 401(k). Actually as large RJ's proliferate (and they will), the majority of pilots today will go no farther then a domestic E-190 captain getting their arses kicked for less then that.
The downward slide continues and some THINK they will be the winners (and they WILL in the short-term), but eventually they will end up the losers too, in the long-run.