Originally Posted by
FLYBOYMATTHEW
I see it as a sign that they are planning to drag the integration out as long as possible, and are waiting for the looming recession to solve their retention problem. They probably do assume they can achieve a cost-neutral JCBA in 2-3 years if they forecast a recession. If you believe a recession is likely, and you're thinking of making a move, the question becomes, do you stay and deal with stagnation and managed expectations here, or leave to get in line somewhere else and risk furlough. I wouldn't hold my breath waiting for a management response to the ALPA letter though.
Its going to have to be another black swan event for there to be furloughs at the legacies. Granted. That could happen. We’ve had 3 in the last 21 years. But they’re retiring so many in the next 5-7 years that I could see hiring slowed down or even paused. I don’t think any of them can afford to go backwards in pilot size any time soon, and if it makes sense for them to do that the rest of the nation and world has probably fallen solidly on its a$$.