Upgrade times change very quickly. PSA had really fast upgrade times for awhile, and right now, they have slowed down. We are supposed to be getting a bunch more CRJ700's, which the pilots on the property do not really want, but if we do get them, then upgrade time will drop again (provided that PSA can hire).

The problem is that PSA just can't hire many new pilots. Our last three classes had 4, 16, and 4. The average for the year has been about 8 new hires per class.

Attrition is really starting to pick up at PSA. We just had several pilots go to Spirit, and I know of quite a few that have gotten calls from JetBlue in this newest window. I would expect attrition to pick up to 20-30 a month in the coming months.

PSA isn't the worst airline out there. All regionals are what you make of them. The most important thing to look for is a company that won't be going out of business in the next 18 months, and one that will give you the greatest quality of life. Pick a regional where you want to live. Reserve sucks everywhere, but commuting to reserve is terrible.

If PSA pilots win their critical pay arbitration, we will be some of the highest paid pilots in the regionals. That should help with attracting new hires again.