PPRuNe Forums - View Single Post - Cebu Pacific
Thread: Cebu Pacific
View Single Post
Old 18th Nov 2008, 00:36
  #40 (permalink)  
thrust clb
 
Join Date: Jan 2006
Location: 3rd rock from the sun
Age: 54
Posts: 117
Likes: 0
Received 0 Likes on 0 Posts
good times are over?

Harm dont waste your dough on getting your own 320 type rating. Buskuto is right there is a surplus of 320 fo's at the moment, the 14 that went on ground schooling last month are still awaiting their sim dates. Plus at least 25 ex- airphil 737 capts and f/o's who are very well qualified for the next 320 schooling. As per Phil daily Inquirer, Bupak lost P1.7B this year mainly due to the Peso deval and fuel prices few months past. Things are looking grim indeed...747-800's post about refinancing may be right.
thrust clb is offline