Originally Posted by
DrDHD
From Barclays fireside chat - 2/24/22
Barry: there's no black
cloud out there regardless of what you're
hearing. We have 10 applicants for every
one opening we have. We have seen a
slight uptick in attrition but we are a
growth business and that just means we
have to get creative with sim availability
and training throughput. Our analysis
shows that even if I have to open a flight
academy and train every pilot I need from
zero hours it will cost me $30M per year.
That's less than 1% of revenue and will
not hurt my business. Pilots only care
about money and lifestyle. We have the
money part covered. They will make the
same money here as they would at Delta
because we upgrade so much quicker.
Our combined airline will have more
bases and lifestyle will be great for them.
I'm not worried about pilots.
Ted: like Barry, we have seen a small
uptick in attrition but we also have more
than enough applicants and are still filling
classes but we are also increasing our
training capabilities.
Old news, they are selling the merger to the board/investors/government.
What do you think they will say? Haha. Seriously.