Massive failure as determined by what exactly? People liking or disliking air travel? What if success was making air travel accessible to a greater segment of the population? I'm just not sure what you mean by failure.
I was in the initial of the ATR-72 and that netted me 4 months off after training because the aircraft were so corroded they couldn’t fly.
It was nice that they allowed me to go back to the mainland to do some contract flying while waiting for the airplane to start service. However in my case, I actually never logged one hour in the aircraft because I got another job offer before they could start service.I got about 2 months off after my type ride on the NEO due to aircraft delivery issues. There were guys that have bid reserve and flown 1 trip in the last 6 months. EIS can be a fun time, but it also can be a pain.
It's not about making money. Look at the Airbus and the A220 - nice book of orders at huge discounts (probably a good loss in there too) to take to the bank and get the financing for the Mobile AL production line as well as the parts oems for volume discounts to be able to make a couple of bucks on subsequent orders. Manufacturers sell the aircraft with mtow limit/average stage length fees/etc bs considerations to keep the sale price below the market, so that the airlines wouldn't have to use any of their money for financing, which is based on the % of the market value.A system that results in never-ending cycles of bankruptcies is not a successful system.
It's not about making money. Look at the Airbus and the A220 - nice book of orders at huge discounts (probably a good loss in there too) to take to the bank and get the financing for the Mobile AL production line as well as the parts oems for volume discounts to be able to make a couple of bucks on subsequent orders. Manufacturers sell the aircraft with mtow limit/average stage length fees/etc bs considerations to keep the sale price below the market, so that the airlines wouldn't have to use any of their money for financing, which is based on the % of the market value.
One nice big circle jerk of making the stocks look good. Things slow down - bam, bankruptcy. Everyone loses a little, gets to write it off the taxes, rinse and repeat.
It's not about making money. Look at the Airbus and the A220 - nice book of orders at huge discounts (probably a good loss in there too) to take to the bank and get the financing for the Mobile AL production line as well as the parts oems for volume discounts to be able to make a couple of bucks on subsequent orders. Manufacturers sell the aircraft with mtow limit/average stage length fees/etc bs considerations to keep the sale price below the market, so that the airlines wouldn't have to use any of their money for financing, which is based on the % of the market value.
One nice big circle jerk of making the stocks look good. Things slow down - bam, bankruptcy. Everyone loses a little, gets to write it off the taxes, rinse and repeat.
Sorry but “Moxy” sounds like a former “Days Inn” hotel rebranding to attract millennials. You know the “Millenials don’t want desks or coffee pots, they want bean bags and free trade in-room Kombucha jars!”
This would be triple hilarious if you posted a selfie of yourself typing it. Cheeks blown wide, nose at 28° above horizon attitude, holy inquisition glow in your eyes....You’d do well in the communist system that you love so well, because you certainly don’t understand business.
Or serve snacks in flight?wonder if Moxy pilots will be expected to clean aircraft on turns...
Airport standby and hotel sits - more pilots changed jobs due to those things than all the other reasons combined.There’s certainly not a glut of pilots willing to take below market rates on a startup with the hope of it being the next big thing.
Maybe.
There’s certainly not a glut of pilots willing to take below market rates on a startup with the hope of it being the next big thing.
Maybe.
but then again all those big salaries are subsidized by their regional pilots who get paid a fraction of what they make.
You do realize that if those regional pilot salaries didn’t exist, the big salaries would be even bigger? Rather than subsidizing mainline salaries, the regional pay scale is a drag, pulling salaries down, overall.
How are United, American and Delta's salaries going to be bigger when without the regional route structure they'd have even more trouble handling their more efficient counter parts like Southwest who has crushed them with their point to point model?