Quote:
Originally Posted by SkiVasquez
I agreed with most of what you were saying...up until this.
During downturns, businesses cut back on travel costs, not only number of flights but also on first/business class travel. The legacies took huge hits during the recessions partly because they lost their "bread-and-butter" revenue (i.e. business traveler). Yes, people will cut back on leisure travel during a downturn, but businesses do as well.
Allegiant was still making a profit during last recession. The legacies weren't. People still want to vacation, even during a downturn. They're just unwilling to spend a lot. That's where the ULCCs shine.
With that being said, any young/junior pilot needs to look at moving on. We aren't going to be affected by retirements like the legacies are. Junior people are not going to accrue seniority without more senior-pilot attrition or continued growth. You'll end up in a much better spot more quickly at a legacy than you will here.
Agreed. Sure we parked some paid for airlines, and tightened our belts, but people in middle Iowa are always going to want a vacation. And when they do, they go online and find the cheapest ticket. During a recession, people who would fly a legacy airline give us a try. And they realize that not only the price is right, they skip that busy hub with a plane change and go direct to their destination. They love it and become loyal customers. We actually do better during recessions. Southwest seems to have this effect too.
Legacy carriers (DAL, UAL, AAL) make most of their money on business travelers and international seats. When the sky falls, businesses do less travel and more teleconferences. International tourism drops off. Same happens with wars or terrorist attacks. Without a doubt, the big 3 are more susceptible to downturns than the LCC/ULCC airlines.
I have friends at UAL who were furloughed twice. They struggled, and found stuff to do on their furlough. But you know what? They are back and making more money than me in the right seat of a wide body. Downturns happen. Furloughs happen. It's part of the industry. As a long timer, I say take that legacy seniority number and don't look back.