Professional Pilot Training (includes ground studies)A forum for those on the steep path to that coveted professional licence. Whether studying for the written exams, training for the flight tests or building experience here's where you can hang out.
Research? The link to the last global oil report is already on the forum.
Now then - how about pointing out the 'some truth' bit given you were suggesting to a poster that avgas prices would be declining significantly? Or is is a continuation of your contention back in June that oil would be going up to $200 usd per barrel?
Now then - how about pointing out the 'some truth' bit given you were suggesting to a poster that avgas prices would be declining significantly? Or is is a continuation of your contention back in June that oil would be going up to $200 usd per barrel?
If i could accurately predict the future i would be very wealthy indeed! However speculation of that sort did help me make lots of money so i'm really not fussed if i was wrong
I'll say it again get of your ass and find the figures for yourself i certainly won't help you.
A quick message to "G-Spot lost"... in September last year we had a bet that Netjets would be laying of a significant number of people within a year.... I said they would... you said they wouldn't.... I believe the wager was a donation to the PPRuNe fund.... shall we declare this bet now closed??
Things not bad as some peopes says for UK economy, I staying in Acton with Uncle Alexander he out of work actor at home but he get lot of work doing voice on advertizment.
I would like do this but for next flying lesson I must wash lot of cars.
Come back in ten years with a pot full of savings and ride the wave* back up.... Untill then sit back and watch from a distance...while the herd try and catch the falling knife....
*Countercyclical over the larger degree time frame...
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Still deflating.....
Continental Air to Cut 1,700 More Jobs as Loss Widens ..
Ryanair to put scheduled routes on ice over winter
Quote:
Ryanair is to cut 670 flights a week, close ten routes and reduce frequency on a further 30 routes in the biggest winter shake-up for the airline so far.
A leading think-tank is predicting it may take another five years for income per head to return to the level it was before the recession hit in early 2008.
Just tryin to suss something out.. what happens to the contents of the pool of pilots during a long drawn out recession?? obviously it will expand because people are being put into it due to losing jobs and those coming out of FTO's but will it shrink a bit because of people deciding to leave the profession?? If so what sort of pilot (demographic) will it be that decides to leave?? Common sense would say it would be reasonably experienced folks (read older and with wife and kids) due to the fact they have responsibilities and need an income NOW.. The inexperienced ones tend to be younger and have no or few responsibilities and can live with mom where as very very experienced pilots may still be able to get work..
Sooo; when the hiring does start who will be in the pool of available pilots?? will it be an even mix or will it be inexperienced folks because of more experienced people leaving aviation?? a seperate question would be who would the airlines be after?? Presumably when they have let people go; it would have been those who had been around less and who had less experience under their belts. Does this then leave an airline who is top heavy and now needs to hire younger or less experienced pilots in order to even out the demograhic of pilots within their company??
It is a virtual reality version of the lobster/fish tank in a posh restaurant.
Candidates who might be deemed suitable for employment are told that they will be considered again as future vacancies arise. Sometimes those that are removed from employment will be told that they will be considered again if and when new opportunities arise. It gives the company a resource to possibly draw from at short notice rather than having to re-initiate a new recruitment programme.
The pool or tank in a busy restaurant is a useful feature that lets the customer select their own choice of product, with the knowledge that it looks fresh and attractive. In a busy restaurant the pool can be added to as necessary, ensuring a ready source of supply.
Inevitably, sometimes the product will become damaged or cease to be fresh in the pool and it can then be removed, discarded and replaced with something fresher, or if the market contracts can be emptied altogether. The pool/tank is a resource for the restaurant. Not every fish or lobster will become a fine culinary presentation. The best will usually be selected first, the leftovers will be discarded or cycled into other products as their longevity and lack of freshness make them less appealing to the customer. Fresh additions will often be selected ahead of older survivors.
When the market for fresh lobster drops off, the product can be humanely thrown back in the sea. The tank can be emptied and cleaned with bleach. It may provide window dressing for a while, but if it is taking up space and/or costing money to run, it is likely to be put in a cupboard.
An airline holding pool has many of the same characteristics. It provides a resource for the company. It can pick and choose who it might want from that pool at its own whim. It can add to it at any time. It can empty the pool or discard items as it wishes. Unlike the real pool, in this virtual pool the product is only "an expression of interest" that might have moved on elsewhere. It costs little or nothing to maintain, and because it is virtual, it provides no guarantees of priority of supply, for either the candidate or the company.
Airline "holding pools" are therefore simply a group of people who have both given and received an "expression of interest," at a particular point in time. There is no particular commitment on either party. As time passes some of the denizens of the holding pool will cease to be as attractive to the company that interviewed them. Likewise some might have found employment elsewhere. A "holding pool" is not a job, or even a promise of a job. The companies expect the candidates to realise this and act accordingly. The candidates themselves should realize this and accept that as a product they have a definite shelf life in this respect.
To add to Quant's point....
There was a note doing the rounds last month or so put out by GS's Jim O'neill. It pointed out, if we have a "robust" growth of 3% per year, it will take over 21 years just to get back to 2007 asset wealth levels, such as been the destruction.
Wait until next year, when it will be the UK's Public Sector turn to deflate.
We are now in the early stages of depression. The economic indicators we follow to track economic activity are all signaling a slowdown of massive proportions. You woundn't know it reading the mainstream papers of course..........This month we're keeping it simple by focusing on the real economy....... cont on below
July 24 (Bloomberg) -- The U.K. economy shrank more than twice as much as economists forecast in the second quarter as a record annual slump in construction, banking and business services kept Britain mired in recession
Gross domestic product contracted 0.8 percent from the first quarter, the Office for National Statistics said today in London. Economists predicted a 0.3 percent drop, according to the median of 32 forecasts in a Bloomberg News survey. From a year earlier, the economy shrank 5.6 percent, the most since records began in 1955.
At least the reduction is less than before and we're through the worst and things are starting to improve everywhere. ... this doesn't mean that some ill sheep won't be slaughtered though.
It's best to make progress than none at all.
We're going in the right direction and that's what's important! "Up" ... quite literally for me anyhow.
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