Originally Posted by
ExperimentalAB
Ala5ka, this will prove to be a speed bump but not another lost decade for this pilot group by a long shot. Even a likely recession next year will only result, I’d bet, in more mild “growth.”
BM wants growth to feed his ego - he is not quite the slow and steady Boy Scout type that BT was. Now will he be able to swallow the pilot contract pill that will allow his dreams of grandeur is something else entirely.
Great points. We mustn't forget that at the end of the day, this is a public company that is still beholden to its shareholders and institutional investors. They want to see consistent growth in profits and all the other commonly tracked metrics that can make you either the darling, or the pariah of Wall Street.
Shrinking just to get one over on the pilots in contract negotiations might not be seen as the smartest thing to do, especially when the alternative would be to agree to a decent contract, which could in turn support a more ambitious growth plan, and hence profitability.
My $0.02.