JB had over 10% attrition in about a year back when everyone was hiring (most from the junior part of the list) and that will likely continue when industry wide hiring eventually happens again (even if during more capacity shrinkage due to retirements). While hiring will help by averaging the juniority of the pilot work force, its still not as powerful a contributor to CASM control that real growth would be. We could (and likely will end up) hiring as we shrink, while the ponzi scheme airlines riding on growth CASM keep on growing because we fund it with our capacity.

Glass half whatever, but I'm very bullish on our potential as a company. I'm just bearish on the vector we're taking from our present position because the path is entirely unsustainable and self destructing.