Originally Posted by
MinRest
I don't see Breeze or Avelo being worth acquiring. It doesn't solve the real issues here. Management knows this path with the pilot group isn't sustainable. Attrition is high and moral is low, and flights are still canceling by the dozens daily. Breeze doesn't have an aligning fleet, and neither have enough planes or pilots to solve anything. Simply forcing arbitration won't solve anything, in fact it will make our issues worse.
Do they think they can hunker down, stagnate or even shrink a bit, and wait out the pilot shortage? Perhaps hoping/planning for a recession, which is reasonably predicted for next year based on the Fed's interest rate movements. I'm no recession cryer just because it's been seven years, or 17, or whatever, but interest rates do matter.
That's not conventional wisdom in business, normally growth is king on wall street, but do they believe they have a secret sauce for that?
Conventional wisdom says they need to merge because they obviously can't manage the all-important growth fast enough to keep up with the rest of the industry and wall street. Doesn't take an MBA or professional economist to call that, just read the business section for a couple decades.