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My only point regarding AA, is I've heard folks on here saying that they're gonna upgrade to Capt in 6 years. I just don't see that being the case for any airline. All this upgrade and international talk sounds like a dangling carrot. What we don't see is the next economic struggle that could potentially put folks on the street again. I may have had too much Koolaid, but the fact remains that SWA has turned a profit EVERY year for the last 41 years. Please allow myself to repeat myself. SWA has turned a profit every single year for the last 41 years. Zero furloughs, no discussion of bankruptcy. Naysayers will proclaim Southwest was just lucky, that other airlines were successful until they weren't. I'm willing to take that bet. I wish everyone the best if they choose to fly with AA. But, make no mistake, you'll be more vulnerable to being cut at AA than SWA for the next ten years.
But, then again, what the hell do I know. I'm just a knuckle dragging gear jerker!
Originally Posted by itsokimapilot
I think we are saying the same thing. No?My only point regarding AA, is I've heard folks on here saying that they're gonna upgrade to Capt in 6 years. I just don't see that being the case for any airline. All this upgrade and international talk sounds like a dangling carrot. What we don't see is the next economic struggle that could potentially put folks on the street again. I may have had too much Koolaid, but the fact remains that SWA has turned a profit EVERY year for the last 41 years. Please allow myself to repeat myself. SWA has turned a profit every single year for the last 41 years. Zero furloughs, no discussion of bankruptcy. Naysayers will proclaim Southwest was just lucky, that other airlines were successful until they weren't. I'm willing to take that bet. I wish everyone the best if they choose to fly with AA. But, make no mistake, you'll be more vulnerable to being cut at AA than SWA for the next ten years.
But, then again, what the hell do I know. I'm just a knuckle dragging gear jerker!
Six years? First time I've heard that. I think 8 yrs will be the earliest with w/b 2-3 yrs after the first upgrades.
Legacy carriers are closing in on SW's financial performance or outperforming them. The battlefield has changed.
2nd qtr margins -
DL 8.7
US 8.4
AK 8.4
SW 5.9
AA 5.5
UA 5.2
JB 2.7
I forget the exact 3rd qtr results but I think DL was 9.8, and the rest were in basically the same order.
As far as furlough risk? Hard to say. History works against the Legacy carriers. But looking back in history SW was a different airline as were the Legacy carriers.
In the next 10 yrs SW retires 27% of their pilot corps(1750/6350). AA is at 48%(3700/7700). US retires about the same percentage. That's mandatory retirements. If the typical guy leaves a year early AA will retire 55% by end of 2023. It only takes 42%, or under 10 yrs, to get to the junior CA percentage at AA (58%).
Right now junior w/b CA is 49-55% at AA(depending upon which union job data base number you use). With a static airline 45-51% retirements would generate the first newhire w/b CA. That's 10 yrs, or less, from today. The numbers are stunning. Hopefully it works out.
However, US has a lot less w/b's. AA is removing 8(?) w/b's from domestic flying. That will make w/b CA go more senior. But AA/US will need additional w/b's if the DL and UA w/b fleet percentage is the ideal. Got a crystal ball? I'd guess AA/US will require a significant increase of w/b a/c to offset US's w/b weakness. That increase should make junior w/b CA approx. 47-55% in 10 yrs.