Originally Posted by
tom11011
You are asking all the wrong questions. For all pilots sake you better hope and pray working conditions and pay do NOT improve at the regionals. It's the only way to see their demise and have the flying reabsorbed into their parent airlines.
You guys are probably too young and inexperienced to know the ramifications of what you are proposing. This entire model and way of life needs to cease in their existence.
In summary, conditions and pay need to stay right where they are if we are to successfully see this model collapse in on itself which realistically may be around the short corner provided Congress doesn't cave in and redirect the FAA's energies into re-examining the hour rules.
This. I work at a regional, and I don't care if regionals pay more. I want them to experience a massive implosion. I don't want industry-wide staffing to improve, which is one reason I'm against flow-through agreements and signing bonuses. No more fake non-monetary forms of theoretical compensation. Compensation is measured in dollars that come without strings attached.
The day a scope clause or mainline growth eliminates my regional job, I'll dance a jig while wearing a party hat and smoking a cigar.
Originally Posted by
tom11011
$59 million dollar return on $3.3billion revenue? I mean what's the point?
That's a 1.78% return on investment. Investors would be better off putting their money in a low yield CD or money market checking account with 0 risk.
Exactly. The response to an investor should be something along the lines of "Hey man, you're the one who put your money in an airline. Next time you're reviewing your portfolio, try growing a brain. You won't find yourself in this situation again."