Quote:
Originally Posted by buzzer
Nothing wrong with the question but having employee's wages or worth tied to revenue isn't good. If it could fluctuate with revenue then employees/pilots would be making much less in bad years at any airline. Should you work for free if the company is losing money? Now for those who are responsible for profitability, they can take cuts when they don't perform.
More just curious about ULCC financials than anything. Since the pandemic the legacies have really gone after leisure travel since business travel has declined which has a negative affect on others. After the fees to pay for bags, drinks, etc, the LCC's aren't really that much of a deal compared to the low cost seats on a legacy with a much larger network. I have jumpseated on Frontier numerous times and thought it was a pretty good product for what it is advertised as, but biggest problem was the lack of frequency. It's hard to compete with 3-4 flights per week when a much bigger company is charging roughly the same price with that many flights per day.
As to your comment about revenue, it will be a very important issue to have a valid response prepared as the company drags their heels. They will argue that expecting a ULCC to pay legacy pilot rates is like female professional athletes demanding to be paid the same as the men. Same game, same rules, completely different revenue streams yielding different results. On the other hand, in this market if they don't come up with significant rate increases, the legacies will hire all their pilots. Not trying to stir the pot, just someone watching from the bleachers. These are crazy times where career airlines are competing for pilots that regionals wouldn't consider just 5-10 years ago.