Originally Posted by
Softpayman
Small growth? They've added like 30 planes to what was 190 plane fleet over the last 2 years. New cities, planes coming monthly, no aircraft getting retired. How much faster do you think they could be growing this place?
He is saying that for someone hired today to make 50% on this list will take a loooooong time.
10% of the list retires in the next 10 years. 16 years to retire 33%. In 10 years the majors do
United 39%
American 35%
Delta 48%!!!!
He is just making sure everyone's eyes are open. Making a career decision on growth alone is very tricky. For someone hired today to make 50% in 10 years you would need another 90%(remember you need the company to double in size to make it to 50% on the list.)growth in company size. We are currently growing the fleet size by 4% this year and next and about 6-7% after that based on current order book.
All of this is based on growth which is one DOW fart away from going bye bye.
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