Originally Posted by
PSAJOBS
What people tend to forget about PSA is that this pilot group went through 2 bankruptcies and said no to concessions when offered airplanes a few years ago.
Where did the airplanes go? RAH and Mesa got the airplanes. They got burnt before and you expected them to get burnt again? They also were not the first to take concessions.
You have a very short memory.
And this, class, is the textbook example found on page 1 of the playbook called the 'Whipsaw Effect'.
Known to roam rampant throughout the regional business model, the Whipsaw is fast becoming extinct. Take a good look, class, because the collective pilot group has had enough and is going to kill said Effect.
Notice how unaware the Effect is of its surroundings. It doesn't even know it's being hunted!
Now turn to page 2 of the playbook...entitled Mainline Scope. Oh look, we've run out of time. We'll cover that tomorrow, class.