Originally Posted by
BoilerUP
Mr. Stakeholder, we can accept a lower margin to recruit and retain the manpower necessary to operate this company, or we can maintain the higher margin and cease to be a going concern once our contracts are revoked due to poor performance due to lack of pilots.
Which is a better use of your capital?
If you would prefer us returning pennies on your dollar following the 1113 process, that certainly is something we can look at.
Mr CEO, Mesa is having no problem recruiting FOs with their lower wages. Maybe you should lower FO pay and then increase your recruiting budget.
Or, maybe you can park marginally profitable leases and consolidate operations to maximize profits. The point being, it's far more complicated than, "raise wages, get more FOs, everyone wins."