Originally Posted by
Big E 757
Don't kid yourself. It could happen tomorrow!! Read that again, before you start spending every penny of your new Captains check every month.
You've been blessed since you've been here. I don't care how fast upgrades here are right now, compared to the rest of the big four. If/when things turn south, and I'm sure they will again, and the backwards slide happens again, you don't want to have to start selling assets and disrupting your family's life just to pay your bills, if you get bumped back to the right seat.
I agree everything can quickly turn to crap like it has done many times in the past. What I disagree on is exactly how that would affect us as Pilots.
When 9-11 hit:
We parked all the AC with FEs
causing an excess of hundreds of Pilots.
We were very inefficient with LOT bidding and trips touching - that was replaced by PBS
causing an excess of hundreds of Pilots.
Our contract was run through BK
causing an excess of hundreds of Pilots.
Age 65 hit shortly after retirements were cancelled/stolen/euthanized or whatever you want to call it
causing hundreds of Pilots to really have no choice but to fly to 65.
DAL and NW merge and end the Cargo operation -
causing an excess of hundreds of Pilots.
None of these events can happen again. Yes the retirement age can be incrementally raised but with no DB to be flushed the affects will be minimal.
So while there surly is another Black Swan lurking just around the corner if and when it hits the results will be nothing like the "lost decade" which was a multi-faceted perfect storm of stagnation.
So we got that going for us - which is nice.
Scoop