Originally Posted by
Excargodog
i disagree. Look at the order books for new narrow bodies at the majors. Then look at those at the regionals.
https://i.ibb.co/NNgmXx1/E504-F7-FA-...AB285-F4-D.jpg
Most current hiring at legacies only covers their incentivized early retirements for COVID.
The majors will need to replace their FUTURE retirees and staff those new aircraft while the ULCCs (including all the new kids on the block) and LCCs continue their own expansions. And the regionals have already nearly exhausted the DEC supply.
Great posts.
The answer is demand destruction, at least that is what our overlords from the Chicago School would dictate, and what appears to be evolving from the dark and hallowed halls of the managerial banks. Who wins is a meaningful question, because while airline travel is a luxury is some countries, it is almost essential in the U.S.
Great thread and thanks for posting it. And with regard to the regional model, F*ck innovation and the model that paid me $17 bucks an hour to fly a jet out of America's capital city.