The more things change, the more they stay the same. Oscar was a breathe of fresh air and spoke to the aspirational values of the airline. Kirby, to be fair, has done a good job at talking the talk and has paid more lip service to the “value of human equity” than any other CEO I can remember (thank you for your professionalism, by the way).

However, when it comes to nut cutting time, you’re nothing but a line item on the cost side of the balance sheet. Nothing more. You’re just a number.

It’s true that fear could make some want to grab the money and run. There’s no doubt that the world is an uncertain place and a recession, war, new pandemic could be right around the corner. Just remember that the company revised Q2 earnings upward and a few weeks before the Q2 call, there’s no change to those forward looking projections.

I’ll take my chances to advocate for a real contract in a few quarters. TKs training bottleneck will still be there.