PPRuNe Forums - View Single Post - 737 rating and employment
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Old 21st Mar 2004, 09:30
  #7 (permalink)  
Chutney
 
Join Date: Jun 2000
Location: London
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..... horses for courses indeed. Let the market do its work.

However, the concept of the market is based on perfect knowledge. The course of this thread is too focussed to allow decent let alone perfect knowledge.

Ryanair/+ many sim centres, CTC/Easy, Global/Storm, Bond/Astreus, Bond/Stapleford/Astraeus, German operators, and Blue Skies - any more I've missed???? Everyone of them pumping freshly minted 737 ratings into the marketplace.

Everyone of them doing a professional job.
Everyone of them earning a well deserved profit
Everyone of them totally above board and honest
Everyone of them pursuing their business plan

Not one of them with a blind bit of interest in the cumulative effect of what they are doing. Only the bottom line counts and if or when the returns become insufficient they turn to the next project. Returns will not reduce for many of them when the market is satisified. Returns will only reduce when the customers realise the market has been satisfied. This is an entirely different and painful economic experience.

In the real world that actually means there are a lot of people who have not got jobs. Why would anyone pay to enter a full market without a contract at the end of it??

The total number of new and existing 737 ratings versus total number of empty 737 right seats is the only thing that counts for wannabees. One far exceeds the other and its up to wannabees to discover which way round it is.

Last edited by Chutney; 21st Mar 2004 at 10:48.
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