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Surveillance: Fed Tightening with Carpenter

Bloomberg Surveillance

00:00

Airline Labor Costs

Last year you had a lot of the gage agents, ramp agents, where they were struggling to staff and n so you saw a lot of wage creases there. But that's a very small portion of oall a airline labor cost. Ad, what we haven't really seen is flight attendants, pilots, mechanics, those contracts that became amendable ot right around before a covid ron cobed. We think it will get done in the next 12 to 24 months, and you're probably going to see pretty big wage increases there.

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