Originally Posted by
Cubdriver
The Wichita analogy still applies because it's shareholder profits which are the bottom line. If you are not clear on that you should be. To make the picture to shareholders looks rosy management will do anything to make it happen, be it tripling pilot pay on down to firing everyone on the premises.
You're missing the point, the "Wichita analogy" does not apply. In Wichita they laid off employees because they weren't selling any airplanes. A regional airline with written contracts that have penalties for poor performance and cancellations will not just throw their hands in the air and start parking dozens of aircraft, rather than raise inadequate compensation to attract and retain pilots. Parking the airplanes would cost them, and their precious shareholders far more than any raises for flight crews.