Originally Posted by
Be Realistic
IMO MG is still not serious about a contract. He faking concern in the hopes that his new pipeline of newbies along with a ton of guys being furloughed from the majors will solve the shortage for G4.
Meanwhile he is enjoying the low stock price where he does a combined company buy back policy at the same time as privately buying as much as he can at these record low prices.
He is stringing us along folks, He is playing us. And we are falling for it. But that's ok cos we be home every night!
Nobody is going to get furloughed from the majors. Not even American. We are already in the recession and this isn't going to be a 2008 crash. None of the economic signs of that are present. And if a new black swan comes along that is so bad the majors have to furlough, G4 will be equally f'd and it will probably be the final nail in the coffin. Maury is an arrogant prick, but he's not stupid. I find it very hard to believe he actually thinks this is going to happen. What may happen is that legacy hiring slows and pilots who are stuck at the regionals turn to allegiant. But not unless a new contract comes. Until then allegiant will be every pilots last choice unless they live in Flint or have such low quals that nobody else will talk to them.
As for stringing everyone along, absolutely. His arrogance has always been his biggest handicap. It might do him in this time.