Mainline_or_bust
Airplanes fly on PFM, Change my mind
In case anyone gives a crap about what I think or maybe someone just needs something to hold on to I opine the following:
Obviously it’s already shaping up to be a drastically different 1/1/21 than 1/1/20 let alone 1/1/19. With a currently reduced amount of regional airlines needed, noting that the current reduction in major flying foremost, ExpressJet might not be the last regional COVID-19 takes.
American for example has three different regionals all wholly owned. Combining two of the three or removing one from existence I surmise is a very legitimate possibility. Envoy being in DFW probably makes that one safe but the other two could definitely be on the table for discussion.
Every airline, regional and major alike (excluding cargo) will be on the ropes for some time. I won’t even speak to what can happen depending on how the CoVid wind blows between now and August of 23’, instead I’ll assume it’s all over vaccinations galore etc.
Scenario: An airline needs more planes to grow, said airline buys planes and hires pilots. To operate those planes flown by those pilots they hire us, obviously.
Question: What happens when there’s a huge amount of retirements and things return to normal?
The Bread and Butter: You’ve seen a reduction and a potential further reduction in regional airlines. I’ve recently read Southwest and Delta are set to retire up to 25% and 33% of their overall staff across basically all departments, including pilots and dispatchers.
If 20% of pilots and dispatchers retire now there probably won’t be any retirements for the next three years. Anyone with a buyout package option, who was planning to go in the next three will almost for sure take it. Likewise there won’t be any new hiring until things are back to steady and any remaining furloughs are called back. There’s potential for a nice sizable gap at the top followed by an ever-increasing gap at the bottom of seniority lists.
On the pilot side if a sizable amount of pilots are relatively close to aging out or retirement, and especially if they are sick of dealing with passengers and CoVid you might see a huge reduction in crews during what’s supposed to be the great pilot shortage of the century.
What that means, I think anyway, is there will be suddenly at some point, probably after it should begin, a massive amount of hiring out of the remaining regionals on the pilot side and the dispatcher side. SkyWest, Republic etc. are going to be absolutely gutted.
For those hired right after the boom the seniority lists are going to be very appealing thanks to the gap. I think that for the first time the pilot shortage will be felt fully at the major level and those zero to hero programs will be logical instead of gimmicky. Load factors will be through the roof, major flying will increase as much as it can and as fast as it can there after and regionals may need to park planes again due to lack of pilots.
So there you have it, darkness for now, darkness for a long while, but once it’s over so much light it’ll hurt to look and you’re going to get one of those eye floaters.
Obviously it’s already shaping up to be a drastically different 1/1/21 than 1/1/20 let alone 1/1/19. With a currently reduced amount of regional airlines needed, noting that the current reduction in major flying foremost, ExpressJet might not be the last regional COVID-19 takes.
American for example has three different regionals all wholly owned. Combining two of the three or removing one from existence I surmise is a very legitimate possibility. Envoy being in DFW probably makes that one safe but the other two could definitely be on the table for discussion.
Every airline, regional and major alike (excluding cargo) will be on the ropes for some time. I won’t even speak to what can happen depending on how the CoVid wind blows between now and August of 23’, instead I’ll assume it’s all over vaccinations galore etc.
Scenario: An airline needs more planes to grow, said airline buys planes and hires pilots. To operate those planes flown by those pilots they hire us, obviously.
Question: What happens when there’s a huge amount of retirements and things return to normal?
The Bread and Butter: You’ve seen a reduction and a potential further reduction in regional airlines. I’ve recently read Southwest and Delta are set to retire up to 25% and 33% of their overall staff across basically all departments, including pilots and dispatchers.
If 20% of pilots and dispatchers retire now there probably won’t be any retirements for the next three years. Anyone with a buyout package option, who was planning to go in the next three will almost for sure take it. Likewise there won’t be any new hiring until things are back to steady and any remaining furloughs are called back. There’s potential for a nice sizable gap at the top followed by an ever-increasing gap at the bottom of seniority lists.
On the pilot side if a sizable amount of pilots are relatively close to aging out or retirement, and especially if they are sick of dealing with passengers and CoVid you might see a huge reduction in crews during what’s supposed to be the great pilot shortage of the century.
What that means, I think anyway, is there will be suddenly at some point, probably after it should begin, a massive amount of hiring out of the remaining regionals on the pilot side and the dispatcher side. SkyWest, Republic etc. are going to be absolutely gutted.
For those hired right after the boom the seniority lists are going to be very appealing thanks to the gap. I think that for the first time the pilot shortage will be felt fully at the major level and those zero to hero programs will be logical instead of gimmicky. Load factors will be through the roof, major flying will increase as much as it can and as fast as it can there after and regionals may need to park planes again due to lack of pilots.
So there you have it, darkness for now, darkness for a long while, but once it’s over so much light it’ll hurt to look and you’re going to get one of those eye floaters.