Originally Posted by WaterRooster

The Legacy airlines, my personal opinion, will overreach in these new contracts. That leads to unsustainable pay and benefits should (when) the next economic downturn comes. So while yes I want to see huge gains for all of us as pilots, who gets hurt in a down turn? We do. We get furloughed and our contracts cut. The CEOs and others on the top get to keep what they have. I guess long story short, the ULCCs might not be in a bad place should the economy go into a recession over the next few years.