BTW Unions have the right to do what they will-but Unions generally look at the short term picture while management must look to the long term
Actually, the fact is that Unions are looking to protect their power, while the corporations generally look at the next 90 days. So in both cases, I would say your characterization is wrong.
U.S. will be tits up in Chapter 7 by years end.
I'm sorry to say, but I agree with you on that. USAir is having so many problems; their CEO just quit; and now they need even more
cuts? Things do not look well. I wouldn't expect them to last more than another year without a bankruptcy filing of some sort.
Most flying on short hops will go to RJ or E-Jet flying, allowing the Boeings and Airbuses for long haul flying - reducing costs by having a more efficient fleet. There move towards to a point2point network from the major cities out east will also be a huge plus for them.
The problem is, while they are reducing their costs, they are also reducing their throughput, and as a result their revenue stream. So they spiral downward, their costs coming into line with what they think the costs should be, but the revenue dwindling along with it. Eventually, you're left with a zero-cost but zero-income airline.
I know many, many, many people that raise their family on $25/hr or much, much less.
Perhaps, but they're probably working more than 60-100 hours a month. All those federally mandated rules about how long pilots are allowed to fly and all that, really cuts into their paychecks!
$25/hour full time is ~$50k per year. In Omaha and many other places, that is just fine. If you live on the coasts, it is significantly less.
True, but it's still livable. You even said, the "average" person in this country earns significantly less than that. But remember, pilots don't
work full-time hours. Because of the work rules, they are limited in the number of flight hours they can work in a week, and most pilots are only paid while the plane is in the air.
The "normal" person who makes $25/hr would make almost $48,000 per year!!!
Actually, in the US, the "normal" full-time employee works around 2200 hours a year (that's right: We work more hours than *anyone* except the S. Koreans!). That means an "average" someone earning $25 an hour would earn $55K without
overtime pay! A pilot, OTOH, as you said earbs about $25K.
Those who fail to learn history are doomed to repeat it in summer school.