Originally Posted by
BoilerUP
If there had been no recession, its probably safe to say US legacies would have handled the decreased attrition due to increased retirement age without a need to RIF, FedEx would not have experienced reduced line guarantees, UPS would not have furloughed despite making 9-figure quarter profits (as opposed to 10 figure quarterly profits), and a huge number of business aviation jobs would still exist.
I totally hear what you're saying. They have 'right sized' fleets and aircraft and the 50-seat cull has begun. But I also feel that folks have continued to travel. It is indeed business aviation that has been especially hard hit. That much is clear.
We'll see how this develops. I hope AWAC continues to plod along or even grow, but there's been no indication that anything of the sort is about to happen.
At least retirements are starting to happen in the industry and hopefully the age 67 chatter is just hot air. But this came from a guy I had on the jumpseat. He's US Airways and heard it straight from a fed he had on his jumpseat. And no, it wasn't a senior guy hoping to hang on for a few more years.
There's movement and hiring happening at the moment, even at slow companies like ours.