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.
Of those who are capable but milking it, I'm not sure which is worse, having them on the dole or having them flogging the Big Issue every time I step out of the house.
I don't think I'd say no if this bruiser stuck Big Issue in my face though!
Well Irelands boom has certainly burst with record unemployment this year, 220,000 on the labour now, thats worse than the recesion in the 80s, and the construction industry in a bad way. The cost of living has gone out of control here. People that have jobs are working just to pay bills and buy some food. I read in the paper the average weekly grocery shopping is €155. People just haven't got the money to spend on other things at the moment.
I wouldn't get excited by oil dropping $5. Last month people got excited because it dropped back to $121, then it rocketed to about $137 or something the next day. It's in the news this morning that Iran have just test-fired a missile which can reach Israel, which will no doubt send the price back the wrong way again.
Last edited by bjkeates : 9th July 2008 at 17:08.
Reason: Incorrect currency!
I dont write too much but i regularly read these posts. Just want to say my opinion on this matter. I personally think that its just a period of instabillity in the aviation industry. As everyone knows aviation is the most revolutionary industry and one that has always managed to find new ways of exapnding AND surviving. Dont forget that rising oil prices affect ALL travel industries. Traveling is second nature to many millions of people and there is no way people will stoop to an alternative travel industry to compensate for rising prices in the aviation industry. Our industry is just the most publicized and people hear its good and bad more.
I think that anyone who wants to become a pilot needs to be flexible and they have good chances of finding a job to get the first 800-1000 hours which are crucial. Most people I know who said "im gonna do whatever it takes" made it and landed good jobs VERY fast, the ones who said " i have a girlfriend here, i cant just leave" are the ones on forums complaining about how the aviation industry is in a major downturn. Aircraft will always be flying and the investors wont just let themselves loose money!!!!
Finished my groundschool in Sept 2006 with four others on my course.
1 Working for Sky Europe now has plenty of jet hours
2 Bonded with Virgin Nigeria
3 & 4 now both accepted into Ryanair
5 me, thumb up butt for too long!!! now looking to complete training.
There are jobs but you have to be flexible, willing to move overseas if needed and cough up for a rating that is in demand!!! 737's I think they are all on.
Even if things do go tits up make sure you are in an employable position when things get better because they always do. Even now there are still plenty of very rich folk wanting to fly around in private jets without the hassle of a major airport!
The Nationwide is cutting interest on a two-year fixed-rate deal, for those paying a £599 fee, from 6.48% to 6.18% on a loan that is 75% of a property's value. It is coming down from 6.88% to 6.58% for those who need a 90% loan-to-value mortgage.
Yes, but a 90% value to loan ratio mortgage could easily have you upside down in six months. 95 and 100% mortgages are what got us here in the first place. The correction in prices was desperately needed though. The high prices of California homes is what drove lenders to offer 100% sub primes in the first place and that is where the melt down started.
Its really funny how what people say in the news and what we read and hear can make us freak out so bad. Its definately not the best time to become a pilot, lets not lie... but what is it good to be now?????? i finished high school in 2004 and said ill go and do an IT degree because 4 years ago it had lots of demand... nooooooo now IT people are way too many!!! there are no jobs. People working in banks are pretty much worse off than pilots because of the credit crunch, and businesses are also trying to cut costs now. We are in a bumpy period, but do what you wanna do and try hard. Personally i see what i see, ALL my friends who finished ATPLs have found jobs, some in cargo, some in private jets and some in airlines.. but THEY ARE ALLLLLLLL FLYING!!! Its a bit hard but its fine.. The people you hear saying "oh i cant find a job, i gave so much money and now snothing" are people who for example are in the UK and ONLY wanna stay in the UK. Your gonna have to move around till you have 2000+ hours and can knock on many doors.
Mortgage rates have been dramatically hiked and then dropped by a tiny amount simply so the spin can read "Mortgage Rates Easing". The table below shows how the recent "cuts" will make little difference to the average mortgage;
With house prices off by >10% already with 30% more to come many of the most economically active members of society will be highly inactive soon.
Its not the cost of the kerosene that's going to cripple airlines. Its the lack of passengers.
To your ears I sound an utter arrogant tosser? Fine.
The limitations of the medium mean that I have little influence on how people interpret the tone of my postings.
You are obviously upset about the current situation for airlines and wannabes and you are choosing to lash out at me because I accept the role of messenger. That's fine. Whilst I don't enjoy the condemnation my consolation is that (earlier) Wannabes might become better informed by this and other threads.
WWW even a clock that is broken is right twice a day. Eventually, just out of sheer repetitiveness you will be right. Thats how good your "predictions" are. I asked "what recession" because the IMF (and everybody else) are talking about rates of GROWTH and SLOWDOWNS, not RECESSION.
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