AND NOW FOR SOME GOOD NEWS!
After write-offs and the like, Barclays Merchant Bank actually did extremely well last year and their rather splendid profits are once again steadily rising. So things might be moving in the right direction, even if their share price doesn't reflect their actual position.
AND NOW FOR SOME BAD NEWS!
In 2011, it is extremely likely that the retirement age will increase to 70 although that will be at the discretion of the employee.
So, more pilots working longer? Less pilots to be recruited? What do you think?
AND SOME MORE GOOD NEWS!
In 3 years time, there will be significantly less pilots in the pool as fewer will be able to afford the training over the next couple of years. So, potentially even Ryanair might be forced to pay for line training. In fact, if you hang-on, I'm guessing that IR's might be paid for as well!!!!!
REMEMBER, YOU HEARD IT HERE FIRST!