Originally Posted by
phrogpi
In the spring of 1988 my Marine buddy had two job offers....Northwest and Pan Am. In 1988 Pan Am was the largest international airline in the world....he chose Pan Am. Fast forward 30 years, he is flying with me at Sun Country. The airline industry is very unpredictable. This is the advice I give every young FO who flies with me and I will give to you.....You do what is right for you and your family in the moment in time, and hope for the best. Wishing you the best in your decision.
The airline industry was very predictable back then. The new consolidated airlines are very predictable with strong pricing power due to lack of competition. Oligopolies. Warren Buffett, a man who knows an oligopoly when he see one, has returned to investing in airlines. Rumors have it Berkshire is looking into purchasing Delta or SWA outright.
That being said jetBlue is going anywhere. They are a small airline but have a strong balance sheet puts then in good position to weather a downturn. Long term due to their size a merger is a near certainty. The question is who. My guess would be David Neeleman returns to power at jetBlue after a merger with Moxy in 5-10 years.
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