Who’s surprised?


”Pilot attrition! That will force their hand!”


Nope.

Cost of doing business status quo, cancel flights, reduce capacity, overhire for attrition
< Cost of new ALPA contract.

So as long as that holds true, no contract is coming. They are going to overhire this year to account for attrition and cut capacity in order to deal with the pilot staffing issue. And as much as we hate it, the investors love it.


I’m starting to understand the merger rumors. It’s like a drug to lessen the pain of what is the reality of being at AS.