The big picture is that the legacy airlines have been in full retreat over the last 30 years. Giants have been ground into dust in that time. One time stalwarts of the industry are merged and shrunk on a continuing basis.

All the while the regionals and low cost carriers take over the industry. Anyone who has 30 or more years ahead of themselves in this profession should have grave concerns about their future.

So far nothing real is on the horizon to suggest that wages or conditions will get better. Airlines have proved that they will go to great lengths to keep downward pressure on wages. It is the only way to get ahead in the modern corporate world. The company with the lowest costs will win.

Skyhigh