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Originally Posted by Aero1900
(Post 2079233)
The legacies certainly can't consolidate with each other, but what about a big 3 buying frontier, spirit or virgin? That's still a real possibility, right?
As far as captains at the LCC leaving, I know that one frontier guy did, but he had recall rights Others like Allegiant etc.. will simply just go out of business as I don't see their business model fitting in with anyone else. Allegiant would have to do the acquiring though if they were to merge. |
Originally Posted by Andy
(Post 2079339)
I had a conversation on the jumpseat back in 2012 with a regional crew. The FO was applying to all legacies. The CA had more than a decade at the company and was hesitant to walk away from his seniority - he was still on the fence whether or not to bail to a legacy. I told him that I expected his seniority to move backward over the coming years due to all of the attrition at the bottom. And that's exactly what's happened over the last three years - the CA's seniority has moved backward. I expect LCCs to see the same backward movement in seniority within the next few years.
Not at all likely for a number of reasons. |
Originally Posted by FirstClass
(Post 2079356)
It's inevitable. LCC future is in as much doubt as the regional airlines.
Why is it inevitable? |
Originally Posted by FirstClass
(Post 2079356)
It's inevitable. LCC future is in as much doubt as the regional airlines.
Just my opinion. Besides, it was the legacies in the past who needed a government bailout, not SWA, Spirit, JetBlue etc. The model works it's just would they rather pay pilots or simply shut the doors, lol. |
Originally Posted by bubi352
(Post 2079294)
I could actually see a legacy buying us and keep running as a separate LLC similar to what Lufthansa is doing with Germanwings. Lots of advantages doing so.
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Originally Posted by VegassBus
(Post 2079361)
Just my opinion. Besides, it was the legacies in the past who needed a government bailout, not SWA, Spirit, JetBlue etc.
Example: How many airlines were allowed to bid for the 2 gates at Dallas Love that American was forced to divest? Exactly one. Virgin America. Just one of many, many examples. As far as post-911 government bailouts, do you know how much United, one of the two airlines that lost aircraft on 911, received in government bailouts? |
Originally Posted by Andy
(Post 2079374)
That's completely incorrect. If you think that LCCs haven't gotten govt assistance monetarily, through asset seizures (forced divestitures) and redistribution, sweetheart deals on airport usage/fees, etc, you do not understand anything about the business.
Example: How many airlines were allowed to bid for the 2 gates at Dallas Love that American was forced to divest? Exactly one. Virgin America. Just one of many, many examples. As far as post-911 government bailouts, do you know how much United, one of the two airlines that lost aircraft on 911, received in government bailouts? Explain why you think the LCC's are in as much doubt as the regionals? |
Originally Posted by VegassBus
(Post 2079361)
Just my opinion. Besides, it was the legacies in the past who needed a government bailout, not SWA, Spirit, JetBlue etc. Only airline I remember specifically was lcc awa at the time but as I remember all the loans were repaid with interest so the govt actually made money off that deal. You hear this urban myth all the time though so I don't fault the youngsters for repeating it. It wouldn't surprise me if the lcc Mgmt itself likes to propagate the idea that proper pay for pilots lead the legacies to their demise and not ill conceived Mgmt desire to capture/ maintain market share. It serves their narrative that "we're lccs and we don't pay employees what the legacies pay despite you do the same exact job, with less support in many cases, than other legacy pilots. Your Mgmt likes you to believe that legacy pay will lead to the demise of lccs and not poor mgmt decisions. |
Originally Posted by say again
(Post 2079382)
Explain why you think the LCC's are in as much doubt as the regionals?
The hiring at legacies over the last four years has turned the regionals from well staffed to train wrecks. And the hiring at legacies during that time is only enough to meet retirements plus minor growth. Legacy retirements alone require ~2000 new hires per year. Let's not forget that all airlines - legacies, LCCs, and regionals are fishing from the same pond of pilot candidates. The legacies are able to offer better 'bait' (pay, QOL) than LCCs and regionals. This has already started killing the regionals. I expect the same to happen to LCCs, as I don't think that they can compete against the legacies for a smaller pilot pool. We'll either see a huge surge in new pilot certificates which will meet demand for pilots or the LCCs will start having problems recruiting and retaining pilots within the next few years. |
Originally Posted by full of luv
(Post 2079388)
Myth that is falsely propagated. Only lcc airlines received govt "loans" , you said bailout, post 9-11. UAL was actually rejected and DAL and AA never applied.
Only airline I remember specifically was lcc awa at the time but as I remember all the loans were repaid with interest so the govt actually made money off that deal. You hear this urban myth all the time though so I don't fault the youngsters for repeating it. It wouldn't surprise me if the lcc Mgmt itself likes to propagate the idea that proper pay for pilots lead the legacies to their demise and not ill conceived Mgmt desire to capture/ maintain market share. It serves their narrative that "we're lccs and we don't pay employees what the legacies pay despite you do the same exact job, with less support in many cases, than other legacy pilots. Your Mgmt likes you to believe that legacy pay will lead to the demise of lccs and not poor mgmt decisions. My management has nothing to do with what I think I should be paid. What they think and what I think is completely different. I apologize. I spoke incorrectly. I said bailout, I don't know why I said that, I meant Bankrputcy....... I |
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