Originally Posted by captnate702

Management has decided to shrink to profitability - aka, reduce the flying and focus on margins.

If you go back 6-12 months and read through this forum, you'll see the usual crowd on here saying it was impossible to "shrink to profitability" and that wall street would punish us for not growing.

Instead ALGT is up almost 50% in the last three months... management is doing exactly what they told us they would do and it is working for them. we have enough lifers here, and enough pilots coming for the type rating, to staff this place with our reduced flying. its not what anybody wants to hear, but the truth is that this place isn't gonna shut down due to attrition.

The retention bonus/accrual is gonna keep a lot of pilots here knowing that they can wait out the contract negotiations. A lot of people on here are gonna be sad that their doomsday scenarios did not play out...