What does this even mean? F9 has a full hiring pipeline amidst an industry-wide pilot hiring slowdown that seems to be sticking for longer than many thought ( see just the latest development, the Boeing strike and consequent slowdown in Max deliveries). Call it a gamble or not, but it is what it is.

Kirby keeps carping about how cost convergence is going to kill low cost carriers (meanwhile our “DAL rates or better!” crowd seems intent on fulfilling his fantasy), but for now at least we ain’t seeing as much of the cost convergence as others in the ULCC/LCC space.