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Old 10th February 2002 | 21:50
  #17 (permalink)  
scroggs
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Joined: Dec 1997
: ATPL
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While this topic is of interest to Wannabes, it is not intrinsic to the process of obtaining a licence or first job, so in the interests of minimising used bandwidth, I'm transferring it to Aircrew Notices - you can carry the discussion on there.. .While I'm here, the traffic figures of BA and the like are publicly available. Currently, in the longhaul market, overall passenger figures are down between 16 and 25% down on a industry capacity reduction of around 10 to 15%. That means that, overall, there is a lower load factor on fewer flights. (Inevitably this information is a few weeks old). Also, due to the preponderance of promotional fares, the yield per passenger is well down - especially when you consider that many of the all-important business passengers hav traded down to economy. While passengers are returning, they ain't paying much!. .What this means is that many airlines (not all) are still losing money, and there is still a lot of work to do to turn it all around; witness BA's annoucement last week and the probable loss of 25% of the airline to come (16000 jobs). So don't look for an improvement in the jobs situation yet - it's probably still a year or more away.
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