I think strikes are a moot point. If we are 1 year down the line without the company playing ball, the senirorty list will shrink so bad, they wont be able to staff the new planes. Park and expensive 737 and watch that share price. Even senior guys will jump ship when displaced in the inevitable bid when it happens.

I don't care what some of you know it all's think, Blackstone ain't going to let MG or JR stay in position if things go that bad. Watch them end up with the rest of the board on the street. Nobody is that irreplaceable, and not even MG can survive the meltdown that is on the horizon.

He will have to cave way before that, or he will become history. And at that point G4 will become cheap for the staff (pilots and mechanics) and the airframes. Perhaps even breeze will have done better and will raise enough capital to take hold of stubborn G4.