Originally Posted by
rtrd
Well things can always get worse. Those that have been working for CX for more than a decade probably know what is coming:
1. Hong Kong, China and possibly entire world economy slowing and in recession by Q4 2019 or Q1 2020.
2. CX forward bookings crater and management begins to panic about looming losses.
3. Aircraft deliveries deferred and accelerated return of aircraft as leases expire.
4. This equals too many pilots and staff in general.
5. LWOP 2019/2020.
And how many of those 400/500 COS99 Pilots, many of whom are Captains, are going to "volunteer" for LWOP unless their retirement age is extended to 65 on full benefits? Particularly as they watch the value of their PFunds and property sink with retirement looming in less than 10 years.
If the industry is is the dumps there will be nowhere else to go when you hit 55. They’re already fighting over a few slots on COS18. Hundreds will be looking just to hold their seniority and got to 65 on COS18.
Pretend that’s not the case if you like.