Originally Posted by Boomer (Post 3762131)

I spent a decade at a little airline called Comair. There were dozens of red flags over the years: displacements, bankruptcy, deferred orders, concessionary CBAs, lost flying bids... each time I thought to myself "This is just a setback, stick it out and you'll be glad you did."

We spent most of those years "Shrinking to Profitability" and then Delta said "You're too small and we're just shutting you down." In my time at JetBlue I have never felt like I was back at Comair. But this is really starting to feel like Comair.

Originally Posted by ARL120384 (Post 3762134)

Yeah I hear ya and I agree. I'd say up until about a year or so ago you could jump around without issue. Now, things are slowing to normal rates, and even though upgrades at the legacys are still junior, youll still be looking at a 15,000+ seniority number that may not mean much, until the music stops. Granted, legacys have the retirements to keep you moving up the list.

I liken the industry to the market. If you take a micro look at the operation day to day, you'll lose your mind following the ups and downs. If you scroll out and look at how the company has evolved since 1999, it paints a different picture. I try to stay positive because 1) I'm not leaving, and 2) there's nothing any of us can do so why get all fired up. We'll get through this.

Originally Posted by Boomer (Post 3762131)

I spent a decade at a little airline called Comair. There were dozens of red flags over the years: displacements, bankruptcy, deferred orders, concessionary CBAs, lost flying bids... each time I thought to myself "This is just a setback, stick it out and you'll be glad you did."

We spent most of those years "Shrinking to Profitability" and then Delta said "You're too small and we're just shutting you down." In my time at JetBlue I have never felt like I was back at Comair. But this is really starting to feel like Comair.

Originally Posted by Noisecanceller (Post 3762177)

Comparing any branded airline to a regional (FFD) carrier is apples to hand grenades. The only lesson from that story that is transferable is that concessions from pilots have never changed an airlines ultimate fate.

Originally Posted by Bgood (Post 3762275)

and his story reminds us to not stay at any regional as a lifer if you can help it.

So E190 peeps, come on over to the 320 life. Dont be shy :D

Originally Posted by AYLflyer (Post 3762126)

It's never just that one earnings call, or that one failed merger, but a collection of failures. Eventually, one more bad call is enough to break the camels back. I keep living by my old school aviation advice of "Get hired where you can, when you can, as soon as you can and keep your number", but maybe that advice is dated and the current era of airline hiring means you can jump ship and still land solidly on your feet.

Originally Posted by gottagetout (Post 3762308)

It would be nice for a little transparency right about now about what Plan B is. It’s clear we cannot compete in our current form. How much more “shrinking to profitability” are we going to see? We keep hearing the airline has a bright future and I really hope it does but some details would be nice.

Originally Posted by Flyby1206 (Post 3762310)

They punted that to the May investors day for the analysts. We won’t be privy to live streams or anything but they will be required to disclose the PowerPoint slides in a SEC filing.

Originally Posted by The701Express (Post 3762313)

When was the last investor day presentation? 2019? I thought there was a public presentation portion we were able to access. I would expect to see something similar again to at least gin up some good PR for the new plan. I'm sure the real good stuff all happens in person away from the eyes of us commoners.

Originally Posted by Flyby1206 (Post 3762367)

I think there was also one in 2019ish. I edited my above post and included the one from 2016. I remember we had some sort of rah-rah live streamed presentation where barger and Joanna were dancing around and all but that wasn’t the same as the investor day presentation open to just wall st.

Youre exactly right the real meat and potatoes get discussed in private. Stuff like this:

https://glginsights.com/expert-calls/