C5 Pay and Contract
12-22-2021 | 04:25 AM
#121
Banned
Joined: May 2017
Posts: 2,012
Likes: 0
12-23-2021 | 02:09 AM
#122
Line Holder
Joined: Dec 2021
Posts: 27
Likes: 0
Before Covid hit, the majors were planning to scramble to hire for the summer of 2020. Now they need to hire for that wave plus the early retirements. The majors might not grow as much as their original 2020 plans had outlined, but they'll grow some. The majors likely won't catch up in twelve months.
12-23-2021 | 05:55 AM
#123
Line Holder
Joined: Mar 2018
Posts: 91
Likes: 0
The retirements coming the next few years are going to wipe out the regional workforce for the most part. 1500-3000 retirement per year at the legacies alone not counting for other attrition is going to be devastating. The industry is reactive, so no one even sees the issue as it is.
12-23-2021 | 08:26 AM
#124
Banned
Joined: May 2017
Posts: 2,012
Likes: 0
but the issue is whether major hiring will allow regionals to keep a viable population of experienced captains.
standing in 7 foot deep water is as bad as 17
12-23-2021 | 08:52 AM
#125
Gets Weekends Off
Joined: Aug 2020
Posts: 2,691
Likes: 178
The slower attrition over the next couple of years will be offset by growth. United for example has over 170 NB aircraft slated for delivery by the end of 2023. The hiring required for this kind of growth will far exceed what would have been needed if the fleet plan was the same as before the pandemic. They’re going to build a new sim building at TK to house the new Airbus sims that will be needed for the NEO’s and a couple more max sims as well. The pendulum is finally swinging towards the creation of well paying jobs after decades of going the other way.
12-23-2021 | 09:50 PM
#126
Gets Weekends Off
Joined: Dec 2010
Posts: 3,201
Likes: 32
From: 4A2FU
The slower attrition over the next couple of years will be offset by growth. United for example has over 170 NB aircraft slated for delivery by the end of 2023. The hiring required for this kind of growth will far exceed what would have been needed if the fleet plan was the same as before the pandemic. They’re going to build a new sim building at TK to house the new Airbus sims that will be needed for the NEO’s and a couple more max sims as well. The pendulum is finally swinging towards the creation of well paying jobs after decades of going the other way.
The 320 CEOs are getting old and tired, the 752s are going away, and I'm willing to bet many of the GuppyNGs will get parked too.
The economy is going to slow down next year when interest rates go up, unless interest rates don't go up, but in that case we will see more large inflation which will have negative impacts on demand as well.
12-24-2021 | 03:33 AM
#127
Line Holder
Joined: Sep 2015
Posts: 595
Likes: 73
Is that straight growth added to the current existing fleet? Or is this to help offset parking some of the older NB fleet in the coming years?
12-24-2021 | 04:13 AM
#128
Banned
Joined: May 2017
Posts: 2,012
Likes: 0
12-24-2021 | 05:03 AM
#129
Line Holder
Joined: Mar 2018
Posts: 91
Likes: 0
No matter what happens, United will make a press release saying whatever suits them at the time.
Cancelled flights? Pilot shortage
Contract negotiations? We have no money
Want the stock price to rise? All new planes are growth
Contract negotiations again? All new planes are replacement
All CEOs are just like politicians and only say what they want you to hear to further their agenda.
Did nobody notice that Kirby can say one thing at a United employee town hall, then say the exact opposite on an invertor call?
Cancelled flights? Pilot shortage
Contract negotiations? We have no money
Want the stock price to rise? All new planes are growth
Contract negotiations again? All new planes are replacement
All CEOs are just like politicians and only say what they want you to hear to further their agenda.
Did nobody notice that Kirby can say one thing at a United employee town hall, then say the exact opposite on an invertor call?
12-24-2021 | 07:07 AM
#130
Gets Weekends Off
Joined: Aug 2016
Posts: 271
Likes: 0
No matter what happens, United will make a press release saying whatever suits them at the time.
Cancelled flights? Pilot shortage
Contract negotiations? We have no money
Want the stock price to rise? All new planes are growth
Contract negotiations again? All new planes are replacement
All CEOs are just like politicians and only say what they want you to hear to further their agenda.
Did nobody notice that Kirby can say one thing at a United employee town hall, then say the exact opposite on an invertor call?
Cancelled flights? Pilot shortage
Contract negotiations? We have no money
Want the stock price to rise? All new planes are growth
Contract negotiations again? All new planes are replacement
All CEOs are just like politicians and only say what they want you to hear to further their agenda.
Did nobody notice that Kirby can say one thing at a United employee town hall, then say the exact opposite on an invertor call?
Thread
Thread Starter
Forum
Replies
Last Post
