Originally Posted by
rickair7777
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.
The problem is the “all Boeing fleet” emphasis. Not enough “all-Boeing fleet’s out there to bother with, excepting WN, which would sort of be like Jonah trying to swallow the whale, even if the DOJ would approve it - assuming the DOJ anti monopoly guys didn’t die laughing just at the suggestion. Besides, buying airlines just to send their immediately disgruntled junior people packing is a costly way to get someone else’s senior people who will slow down seniority progression and send your own junior people packing.
Ultimately, AS must come up with competitive work rules and QOL FOR THEIR JUNIOR PERSONNEL. I’m not sure either the managements or the old bulls on the seniority list realize that because it’s kind of a new thing.