Originally Posted by
Paid2fly
How many "professions", not just "jobs" have been in a downward spiral of concessions and give backs, year after year? How does one justify spending tens of thousands, or even into six figures to go work for the equivalent of what a minimum wage burger flipper makes? How many professionals that have already taken huge cuts in pay and benefits(only to watch as upper management rewards themselves with tens of millions in bonuses that suck up all those concessionary savings), would expect those same management types to come back for even more concessions,especially when the company is making all time record profits? Add in the mix the fact that the single biggest cost for the airlines(fuel) has been dropping rapidly in price guaranteeing even larger future profits/earnings!
That's because the CEO's and shareholders raped the regional side of the industry as there wasn't anything to get from mainline. And they could get away with it because there were plenty of pilots that would go alomg with it. Problem now is they made it so unattractive to get into this industry anymore. Hopefully we've hit rock bottom and things will start getting better