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Old 06-19-2023, 08:38 AM
  #47  
Bluedriver
The REAL Bluedriver
 
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
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Originally Posted by AYLflyer View Post
Honestly I've been hearing this line for the past how many years now and nothing has happened. If I could go back in time, I'd have listened to my buddy in Jan '21 when hiring resumed and gone to another airline. At that time though, lockdowns were still ongoing, vaccine cards and covid were still a thing. Last thing I thought was to jump ship and start over in that mess, and everyone was basically saying "It's gonna come crashing down any moment now". I thought people who were leaving were absolutely insane, instead, I watched guys get hired who are now Captains at United and Delta. So while I constantly fear the economy crashing and us losing our jobs (Normal airline pilot PTSD stuff) the reality is we have no idea what could happen.



I have to disagree with this. Jetblue has shown to be able to bounce back and withstand down turns better than the larger airlines (So have other LCCs). How many guys work here that are former United/Delta/AA/NW/Airways (You get my point) who were furloughed, recalled, furloughed again, however in that entire time, they've never lost their job here. During a downturn and or/furlough I'd much rather be at a Jetblue or Spirt than a United or Delta.
I would just say that the legacy airlines, and the industry itself are much different than in the past. There was a lot of consolidation in the last 20 years in the legacy space, which both strengthened the legacies (relative to their past) and significantly reduced competition among and between the legacy airlines. And as we have seen, the result is the legacy airlines financials actually bounced back faster and better than JB/NK/F9 post COVID.

Not to mention their retirements largely insulate them from significant furloughs in all but the most black swan of black swan events.

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