Endeavor AIP
11-28-2022 | 01:49 PM
#151
Gets Weekends Off
Joined: Apr 2016
Posts: 3,993
Likes: 197
From: Looking left
White Coat Investor
You are making a lot of money...you should be able to use the correct terminology.
These website have lots of good reads....and they are free.
11-28-2022 | 02:01 PM
#152
Line Holder
Joined: Jan 2022
Posts: 576
Likes: 13
https://www.bloomberg.com/news/newsletters/2022-11-23/bloomberg-evening-briefing-fed-sees-nearly-50-50-chance-of-us-recession
We’ll see what regionals are left, and what mainlines look like sometime mid summer. Until then, I hope everyone is stashing their cash
We’ll see what regionals are left, and what mainlines look like sometime mid summer. Until then, I hope everyone is stashing their cash
11-28-2022 | 02:11 PM
#153
Line Holder
Joined: Jul 2008
Posts: 1,449
Likes: 291
https://www.cnbc.com/video/2022/11/25/delta-and-united-airlines-will-see-tailwinds-from-long-haul-flights-in-2023-says-raymond-james-syth.html
11-28-2022 | 02:54 PM
#154
Line Holder
Joined: Jan 2019
Posts: 1,196
Likes: 29
being that many that choose to stay at a regional dont look past the end of their nose in regards to their careers. I'd assume anyone staying now simply is ignoring that mainline is throwing money at the regionals to float them long enough to resolve the issue. Its in no way a long term plan to pay these rates at the regionals long term . They'll get paid now but lose out on the seniority, eventual qol and career money that comes with moving up. No way I'd stay at a regional knowing how this industry works....
11-28-2022 | 03:24 PM
#155
Gets Weekends Off
Joined: Sep 2022
Posts: 226
Likes: 0
Yea, I definitely agree that in the long run it’s definitely much better to make it to a Major or Trunk carrier . There is much more money to be made and more options of aircraft to fly with nicer destinations and layovers . However as far as regionals go I don’t think there is any going back at this point . If they ever try to lower the pay back to what it was they will just run into the same problems with mass exodus. These higher pay rates at the regionals are exposing the lies of the past 20 to 30 years that they couldn’t afford to pay higher rates at the regional level . It was always a shell game when they used regionals for peasant labor . They can and will make billions in profits still while paying these higher rates . No one is going to fall for the old gag of going backwards to old regional pay . Like My good buddy Roger Daltrey sang , “we won’t get fooled again”.
11-28-2022 | 04:06 PM
#156
Roll’n Thunder
Joined: Oct 2009
Posts: 5,125
Likes: 548
From: Pilot
11-28-2022 | 05:10 PM
#157
Rerouted On Weekends
Joined: Oct 2015
Posts: 2,937
Likes: 0
From: 717A
Screw it, heck yeah I will. I wanna get you liquored up just to see where the adventure will take us. I imagine the conversation will be legendary. Lemme know when you take the pay cut and we can figure out a layover. I slum it in the burgs and villes so you’ll be right at home.
11-28-2022 | 05:12 PM
#158
Rerouted On Weekends
Joined: Oct 2015
Posts: 2,937
Likes: 0
From: 717A
https://www.bloomberg.com/news/newsl...f-us-recession
We’ll see what regionals are left, and what mainlines look like sometime mid summer. Until then, I hope everyone is stashing their cash
We’ll see what regionals are left, and what mainlines look like sometime mid summer. Until then, I hope everyone is stashing their cash
11-28-2022 | 05:34 PM
#160
Rerouted On Weekends
Joined: Oct 2015
Posts: 2,937
Likes: 0
From: 717A
Not pushing any narrative. I thought two quarters was a recession. I also thought it took sometime to say the trough happened. I’m social sciences guy so I’m not well versed. But thanks for being snarky as usual instead of explaining, like I already admitted to being ignorant to.
