Originally Posted by
Shiner
It's important to remember that Envoy (PSA, and PDT) are wholly owned. What we have here somewhat mirrors the situation at Endeavor. They signed a bankruptcy deal, got shrunk, and are now back on the upswing with 80k bonuses to every pilot on property. AAG knows this and is playing their hand accordingly. This announcement is just the beginning.
I don't think you'll see 80k in bonuses at the AAG wholly owned's though. I think they have something much bigger and more of a long term solution in the works. And it involves a cradle to grave type of approach, not just a short term bonus. I know that AA or Parker hasn't ever been called innovative, but I think they could be soon.
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People keep saying it, and I hope it's true. But I don't know if I believe it. I think it makes much more sense for AAG to keep its regional feed cheap and keep whipsawing us. The fact is that AA is a legacy. They will never be hurting for pilots with or without us.