Originally Posted by
Aviat0r
I'm about to start interviewing with the regionals. I'm figuring that there will be a recession in the next one to two years. If there is a recession are any of the regionals in a better (or worse) position to survive it?
Better contracts with the Majors, better financial stability, better management, own their own planes, those kind of things.
Another thing to look at is how big are these regionals. For example, Skywest will survive. But when this next recession hits, all the majors will be putting the skids on and that will affect the regionals. Skywest has a lot of pilots that might be in trouble when the next big recession hits shortly. And the “they’ve never foroughed before” argument won’t fly this time. Different times.