A lot of talk about Gary Kelly's letter, and considering that Legacy pilots lost 40% of their pay and pensions worth another 120k+/yr for 16 years (Avg. retirement vs. lifespan = 60/76) in earnings towards retirement which way should it go?
The market decides and the market just got smaller. With bigger pilot groups and higher oil prices (Joe Shmo can't start up an airline now) which way will it go?
Raises or paycuts. Something has got to give cause there is a disparity.
The market decides and the market just got smaller. With bigger pilot groups and higher oil prices (Joe Shmo can't start up an airline now) which way will it go?
Raises or paycuts. Something has got to give cause there is a disparity.