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09-12-2025 | 08:01 PM

#391

Adlerdriver

Gets Weekends Off

Joined: Jul 2007

Posts: 4,065

Likes: 40

From: 767 Captain

Quote:

Originally Posted by TsimShaTsui

I also believe the big three are too big to fail. But you’re never too big for a good old fashioned restructuring.

This.
Some are equating the extreme case of Covid with all possible downturn scenarios. There are many shades of falter that don’t mean outright failure. “Too big to fail”doesn’t mean an industry downturn won’t drive a furlough at airline X if they over extend themselves or fail to plan properly. The government isn’t going to step in and stop a simple furlough.

09-13-2025 | 03:42 AM

#392

TsimShaTsui

On Reserve

Joined: Jun 2025

Posts: 100

Likes: 51

From: 757 FO

Quote:

Originally Posted by Adlerdriver

Overextending and never ending growth in the good times are the hallmark of the big three. Grab as much cash as humanly possible for the shareholders and execs by whatever means necessary. Good retirement numbers will soften a downturn, but that all depends on the severity of the downturn. Industry consolidation has also helped. I will now get an earful by the angry bitter posters about my ignorance and naivety about the industry and how great things are in pax land. What do I know though besides watching airline family employees post 9/11 and starting my career in 2006.

09-13-2025 | 07:56 AM

#393

ClncClarence

Config 3

Joined: Oct 2014

Posts: 1,292

Likes: 211

Quote:

Originally Posted by TsimShaTsui

Overextending and never ending growth in the good times are the hallmark of the big three. Grab as much cash as humanly possible for the shareholders and execs by whatever means necessary.

Sounds a lot like a Memphis-based cargo airline from ‘20-‘22.

09-13-2025 | 10:08 AM

#394

TsimShaTsui

On Reserve

Joined: Jun 2025

Posts: 100

Likes: 51

From: 757 FO

Quote:

Originally Posted by ClncClarence

Sounds a lot like a Memphis-based cargo airline from ‘20-‘22.

From staffing point I would agree. However, they didn’t go bananas with massive airplane orders. Besides we both know we’re not overstaffed at the moment. We were overstaffed by 700 pilots 800 pilots ago. Still waiting on the post TA rejection furlough the prior NC and MEC told us about.