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Old 08-07-2014 | 12:18 PM
  #38  
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bedrock
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Joined: Nov 2012
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From: ERJ, CA
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Originally Posted by Rnav
any place that can get employees to invest $60-100K of their own money in training, and then accept $14K year salary is a good damn model.

This is precisely why I think the regionals are badly run. The whole model hinges on one thing: doing it cheaper than the other guy. They all knew there was a point where cost cutting wouldn't work any more. They allowed the major airlines to dictate the terms of terrible contracts and relied on labor cost cuts to keep the model going. Even in the face of the Pinnacle and Colgan crashes, the RAA refused to police itself.
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