SlumTodd_Millionaire
Most Hated Member
No such thing as a shortage. Only a mismatch of supply and demand at a given price.
That's like saying "there is not such thing as a sandwich; only meat and veggies on bread."
Damn. Now I want a sandwich.
No such thing as a shortage. Only a mismatch of supply and demand at a given price.
That's like saying "there is not such thing as a sandwich; only meat and veggies on bread."
Damn. Now I want a sandwich.
sudo make me a sandwich
huntOh come on, the unions would never allow this!
That's like saying "there is not such thing as a sandwich; only meat and veggies on bread."
Damn. Now I want a sandwich.
Really? Have they given you a big raise yet or just yearly pay cuts?Headhunting is already a thing in EMSland..
Except that the firms who are willing to pay $100K-$300K per year have no trouble finding sandwiches. Firms who are willing to pay sub $30K per year aren't finding bread, meat, or veg.
That's not a shortage... That's a functioning market for sandwiches.
I think that if there is a shortage, then it is a symptom. The factors behind the symptom do, in fact, matter.
Howzabout we just maintain the safety level we have now, wait and see how things pan out, and THEN see about this supposed "shortage"? Or is that too radically sensible for our foxhounds on Wall St.?
Except that the firms who are willing to pay $100K-$300K per year have no trouble finding sandwiches. Firms who are willing to pay sub $30K per year aren't finding bread, meat, or veg.
That's not a shortage... That's a functioning market for sandwiches.
Wrong. Your analysis falls apart when you look at the financials of the airlines. It's not a matter of being "willing" or "unwilling," it's a matter of being unable to pay what would be required in order to end the shortage. You can't just will the price elasticity away. The legacy carriers do not see enough value in regional feed in order to justify paying higher rates for the feed, so the regionals cannot increase wages without driving themselves into bankruptcy.
so the regionals cannot increase wages without driving themselves into bankruptcy.
There is one regional, who is wholly owned, who is paying big bonuses, for four years right now. The cash is there. U.S. airlines made almost $10b in profits last year. We are just seeing the tip of it right now.
Again, where's the problem? The so-called regionals go out of bidness, flying goes back to mainline, and with even the slightest flicker of intellect or sense, the unions don't allow Lucy to pull the football away again.
Sadly this is true. If they can outsource it to cheap labor, then whipsaw and recycle pilots at the bottom of the longevity they will.Wrong. Your analysis falls apart when you look at the financials of the airlines. It's not a matter of being "willing" or "unwilling," it's a matter of being unable to pay what would be required in order to end the shortage. You can't just will the price elasticity away. The legacy carriers do not see enough value in regional feed in order to justify paying higher rates for the feed, so the regionals cannot increase wages without driving themselves into bankruptcy.
Wrong. Your analysis falls apart when you look at the financials of the airlines. It's not a matter of being "willing" or "unwilling," it's a matter of being unable to pay what would be required in order to end the shortage. You can't just will the price elasticity away. The legacy carriers do not see enough value in regional feed in order to justify paying higher rates for the feed, so the regionals cannot increase wages without driving themselves into bankruptcy.
Wrong. Your analysis falls apart when you look at the financials of the airlines. It's not a matter of being "willing" or "unwilling," it's a matter of being unable to pay what would be required in order to end the shortage. You can't just will the price elasticity away. The legacy carriers do not see enough value in regional feed in order to justify paying higher rates for the feed, so the regionals cannot increase wages without driving themselves into bankruptcy.
Really? Have they given you a big raise yet or just yearly pay cuts?
Sigh. The cash of the legacies is not the cash of the regionals. You get whatever crumbs the legacies are willing to throw to you, and nothing more. The legacy carriers are shifting flying back to their own metal, because paying more for feed is not economical.
A raise at less than the rate of inflation?Had a pay rise last year, but not enough. I've had a couple of calls this year from other companies trying to recruit.
I know that. But with how much flying the regionals do for the legacies, it's starting to become their problem. A cancelled flight, when you buy a ticket from Delta, no matter who does the flying, reflects bad on the person who sold the ticket in the consumers eyes.
I fully understand what you are saying. And it's not necessarily the legacies fault. But it will become their problem. The "they'll just take the flying back" mantra doesn't work. They can only do so much flying with the airplanes they have, and the people they have. All of them are already running their training departments at 110%. IMO, there is a serious problem brewing.
If the people who do your contract work can't get it done...
They are going to have to help out their regional feed. I see no other solution. Do you?