Originally Posted by
sleeves
No, MGT is holding the line and losing profitable customers. We made money for YEARS flying 104 seat inefficient 737-500's. Both legacies did this. At Continental it was a huge part of our fleet. MGT. is holding the line! They are hoping to convince pilots like you to cut their own throats and cave. They CAN make money if they buy the jets and let us fly it. They are CHOOSING to forgo that profit and the higher paying customers in hopes that we will cave.
Wait, airlines were profitable in the 80s and 90s? I always heard the quickest way to become a millionaire was to be a billionaire and buy an airline...
Nowadays your point carries more weight, with the CASM gap closing due to more efficient SNB engines and rising RJ labor costs. I’d argue the break even point is actually slightly south of neutral or neutral at most, if for nothing more than the lack of quality control you have with a contract carrier.