Pilot Shortage Video on WSJ Online:
When it translates to dollars for us, then it will be here. Right now, management is holding back on pay increase. First option will be to shrink to fit. Once they can't shrink anymore, then I think the next step would be to increase pay. The first airline to do so will come out ahead.
The saying the management is using is "we must cut cost to be competitive." I'm hoping in the future the new saying will say "In exchange for operational efficiencies (co-domicile, dual type) we will offer a pay increase." This will combat the entry level of pay at the same time, increase their productivity. Our only saving grace will be the new rest rules. Then they won't be able to push us that hard. Time will tell...