KC135

It has been surprising and eye opening for a lot.

TangoIndiaMike1

It’s finally nice to see because other airlines don’t include Allegiant on their comparisons.


Sent from my iPhone using Tapatalk

Margaritaville

Crockrocket95

Good chart but SWA isn't hourly, that's a TFP rate. To get hourly multiply that rate by 1.149.

Margaritaville

Which is asinine.

V2cut

https://wraltechwire.com/2022/04/13/delta-airlines-ceo-demand-is-phenomenal/

captnate702

I'm hearing something similar but with a different twist: management is expecting fuel to stay high and thinks a recession is coming. The combo of the two is why MG doesn't care if the airline shrinks, accelerates ac retirements, and sheds capacity. bring down the costs and maintain high margins and EPS. I'm hearing that MG only agreed to offer the union full contract with new rates and retirement because he knew that the union wouldn't take it and he wants to be able to tell investors that managmenet tried but the union just wouldn't play ball.

just what i'm hearing...

FreshWater

Imo, that’s very MG. The man plays his chess games to have plausible deniability as to why we will be shrinking and not growing. It would help him out a little more if a nice little nuclear exchange destroyed all of Europe. Full apocalypse is the only type of recession that will slow the Legacy’s from hiring all the FOs. Not that it matters to the investors call in May. They will still nod their heads in agreement with him. MG only cares about two things; High Profit margin and placating the union.

No contract for the foreseeable future. It’s a testament to how uncorrupted our union leadership is. All or nothing. So be it nothing. Nobody gets paid. It will be interesting to see just how much of Plan B gets implemented. I’m guessing slow at first.

Margaritaville

I agree that "Plan B" will happen this time because the company has no choice due to attrition. They plan to downsize but what a great opportunity to blame the pilots. Look for growth again late next year at the height of the recession as G4 takes turf from other airlines that are retreating. Recession will also slow legacy hiring maybe just enough for G4 to catch up.

Since global thermonuclear war keeps getting brought in, the problem with the union is they are locked in a cold war with the company. It's no longer about "the contract". It's about mutual hatred of the other side and kicking their ass in each small proxy battle. It's about I'd rather die than agree with you so let's go all in for Mutually Assured Destruction. Contract negotiations are SALT talks. The G4 pilots are caught in the middle like average Americans doing duck and cover drills and stocking up on iodine pills. The only thing that really stopped the 50 year long Cold War was the Soviet Union running out of money and collapsing before the US debt caught up with us. That's the kind of standoff 2118 and G4 are having right now. First one to run out of money loses. The madness won't stop until then.

A strange game. The only winning move is not to play. How about a nice game of chess?

labbats

All I see are upsides. The company needs a contract and it will happen. Could be a few months or it could be a couple years. How that translates into some sort of scorched earth is beyond me. Not everything is worthy of such dramatics.

As a company we can only burn so many thousands on each new hire that quits before it makes sense to give that to a contract. That will happen eventually.