Originally Posted by
chrisreedrules
Saying PSA is in a "death spiral" is an insane over exaggeration. We aren't anywhere close to that kind of scenario. We are wholly owned. We have 76 seat airplanes. We are currently relatively cheap compared to the competition. Our flying isn't going anywhere. If we can't hire, further growth beyond our 100+ airplanes will be deferred, that is all. We are currently staffed for our flying. In a couple months, that may not be the case, but for right now things are just fine. I would expect to see the lines increase and become more efficient by the summer as our flying increases but we continue to have a challenge with hiring. I wouldn't be surprised to see 90+ hour lines as a new norm come June.
How will a 90hr line solve any problem? Won't people just SAP down to what they want?
Then we have negative FO reserves to pick up the slack, and we have FOs avoiding the JrMan calls. We only have so many LCAs that they can call.
The next option would be downgrading the DECs, but since we all already left 1 airline for DEC do you think we wouldn't leave PSA for another airline for DEC, especially knowing we would re upgrade in seniority order.
The problem is we are properly staffed for now. Potential applicants know that. They know there is little to zero growth at PSA, they know the prospect of a fast upgrade is gone, and the know the likely hood of getting hired outside a flow is very good.
Outside of actually living in one of our non hub bases there is no incentive to come to PSA.
PSA may not be in a death spiral yet, but we are pretty well established in the stall that precedes it.