Originally Posted by
jtrain609
We've been through this, so I won't rehash growth vs retirement, the relationship between the two, and how airlines have used retirements to shrink airlines.
What's JetBlue got? The same thing Southwest had in the 1990's; just a place that wasn't American, with sub par pay, domestic only flying and a whole heap of clapped out small narrow body aircraft.
Turned out ok for Southwest pilots, probably turns out ok for us.
And believe me hoss, I'm FAR from an optimist. I've been kicked in the teeth too many times in this industry to believe in fairy tales. That being said, when I read through the financial reports I'm optimistic about the opportunity that exists. If it goes the other way, it goes the other way, but I'm going to wait for that to happen before I crap my pants.
Growth has already been slowed here and is one CEO change from stopping all together.
All we KNOW is our pay is lowest of our peers by a lot. And no widebodies. And very few retirements. And growth can evaporate in a nanosecond.
Did I miss anything we know for sure?