Originally Posted by
FreshWater
That’s exactly what allegiant management is praying for every day. They’re out of luck. This recession won’t mitigate the massive amount retirements at the legacies. They need a nuclear exchange to get what they desperately want.
This is what remains to be seen, I think. We haven't gotten to the Build Back Better food prices quite yet. Fall will tell the story of if people will continue to be able to afford travel or not. The last of the covid savings/stimulous are being spent this summer. Layoffs in other industries have already started, and last I read Q2 will also show a decline in GDP meaning we are officially in a recession already. We'll find out by January how much of a pilot shortage there is. At least it might give training a chance to catch up. If they get what they're hoping for like you said, we'll be in for another lost decade.