Originally Posted by
eaglefly
Get used to it, as it is the future. Periodically, every 4-5 years you will have to be willing to roll your compensation back to keep your job, upgrade, airplanes, etc.
The whipsaw model will be THE model for the regional industry.
And it's an unsustainable model. Even Skywest's CEO is quoted stating that they've had to turn down flying because they lose money on it. The regionals continue to cut each others throats just to win the contracts. I'm not sure they can just do the BK, clean slate, rinse cycle repeatedly just to maintain the business. The regionals are at a turning point, & the business model is changing drastically IMO.