Originally Posted by
EarningLocker
Anyone hear on the recent pilot call how worried DN sounded about pilots leaving to legacies once hiring kicks into full pace?
Sounded worried that majority of the pilot group will leave and said to “give breeze a chance”. It’s been years and not really anything improves, and many QOL aspects are gone. Majority of younger crowd will leave this place unless a CBA or LOA is introduced and company does not see that. This will impact investors knowing how easily pilots will leave knowing the PPB is rarely honored and profitability is impacted due to cost of the pilots.
At least we were appreciated and got a $50 gift card to the breeze store for profitability! Time to pay $75 for a over priced hoodie my kid might wear around the house.
Thoughts? Anyone else concerned?
I won’t be concerned until the hiring market picks up substantially more. What really runs attrition at Breeze is other LCCs hiring away the regional pilots, of which none of them are. Same with Southwest. There’s just too much talent in the pool looking for jobs. In fact, just a couple of months ago, DN also said he wished there was a bit more attrition. Last year there was almost zero. Why? Recycling year 3-4 pay pilots with year 1-2 is cheaper. They account for that reduction and somewhat count on it. If the top 25% stay forever and the rest of the 75% constantly churns at year 1-2 pay, imagine how much savings that is compared to 100% of the pilot group being on year 12 pay!
Breeze isn’t going out of business. It will either continue like JetBlue for years until its unique nature is expired, competition catches up, etc, or it will be acquired by JetBlue at some later date. It won’t just cease to exist.