UBS’ bear case assumes only 50% of the required pilots are hired over financial year 2026 and 2027 at 10% higher salaries compared to existing pilot costs, along with an increase in compliance costs.
UBS’ bear case assumes only 50% of the required pilots are hired over financial year 2026 and 2027 at 10% higher salaries compared to existing pilot costs, along with an increase in compliance costs.