So what do you think we're missing?
Honestly, and I don't mean to be a richard, but as you asked, a lot.
For what it's worth, our founding team has about 80 years of experience in the aviation industry. That said, getting this out of the gate is challenging. Someone else said it: start-ups are hard.
Especially in aviation.
I wouldn't be in if I didn't think it was the right thing for us, the communities we want to serve, and our future team members.
Got it.
This is how we see it. We can offer decent, livable money. More importantly, we think we can offer a scheduled that will allow pilots on the team to be home at night, have weekends, and we won't fly on holidays.
We realistically expect some turnover -that's just the business. For those looking to move on to 121, we want to make them really ask "Should I stay here an extra year?
I know you are a smart guy, but with the amount of retirements we are going to see over the next decade, if you think folks are going to delay their career progression to stick around, your glasses are way to rose colored. Now I know there are a lot of other jobs out there besides 121 flying and you may be able to find those on that career path, but even with them, they will move on as soon as the next best opportunity presents itself to them.
I'm having fun, I make a difference, I get listened to, and I get treated well." We think Cape Air has it right.
I guess what we're really looking for is the less tangible stuff. We can pay decently (but not off the charts crazy money), we plan for CASS and non-rev benefits, but we think it's more than just a punch list on a benefits sheet. What can a small company do to really make a pilots believe they're part of the team and the work they do is important?
Simply put: we see an opportunity that maybe others don't and we think we have the right team to chase it. We all definitely believe that figuring out how to keep talent should be a core competency for the company -we're looking hard for ways to do that.
The having fun, difference, I get listened to, I am part of the team, is a very old, tired, and worn mantra. I have flown with dozens of guys and gals from Kiwi, Peoples Express (they had pilots who were 'flight managers' who 'ran' the place), TWA, Pan Am, and Eastern who thought they were having fun, making a difference, and being treated well. Even my current place at one time was 'employee owned'.
Anyway, what I am saying is that what you have said isn't new or exciting. You can try to execute it all you want and maybe even have some success, but in the end, the mantra has been there done that. A good example is the progression of JetBlue. It is amazing to see the progression of the pilot group from 2005 until today. Back in 2005 they bent over backwards for the company, today, not so much. So keep in mind, folks are going to do what is best for their career or if success is found at your place, and I hope it is successful, the attitude of the pilot group is going to change.
Just because you offer CASS or non-rev benefits doesn't mean it will be reciprocal. CASS doesn't mean you get an automatic jumpseat agreement in place with every airline within CASS. Each jumpseat agreement has to be negotiated separately with each airline. You may get one or two that work for your pilot group, but don't think you will be able to get an unlimited international one with 'Merican right out of the gate. Same thing goes with reciprocal nonrev benefits. They have to be negotiated with each individual airline and they may say no if they think their employees can't get much benefit out of it but your employees can.
Separate from the pilot risk, we think "today's market" is actually pretty good. Airlines have generally become more concentrated leaving smaller markets with less service than before. The economy continues to slowly improve and interest rates are still low. On the ground, road conditions aren't getting better and traffic is getting worse everywhere. That two hour drive to the airport with major airline service is now stretching to three or four in many places -we see a market for a small airline and we're chasing it.
Well, once again, IMHO a little rosey view point. What I am seeing is more seats in the domestic market. If you think some markets are getting behind, ok, but once the passenger gets to the larger market it better be easy to have their bags transferred, rebooked if they miss their flight, etc. Easier said than done.
Now, others have suggested a flow through but I don't see any airline wanting to touch that, even the smaller/medium sized career destination airlines.
The other suggestion of hiring part timers I think isn't going to work either. It may, but the insurance company might balk at that and/or the FAA.
As stated, you asked, I am just giving you my opinion. Others may think differently and that is OK, just giving you my view of the world.