PPRuNe Forums - View Single Post - Becoming a pilot & Aviation Industry in 2014 - a disgrace?
Old 13th Jan 2014, 11:51
  #89 (permalink)  
cockney steve
 
Join Date: Jan 2008
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We are all lead to believe that we should just be grateful to have jobs.
Because that's the sad reality??

Truth is, there are too many pilots, too many aircraft and too many flights which are not making a profit.

Wake up!...look at any airlines' investment, see how poor their return on capital is, then ask yourself...

"Would I risk all those millions, when the money would be safer in some Merchant Bank and make a better return"

It's obviously escaped a lot of peoples' attention that most airlines are LOOSING MONEY....they are paying a subsidy to the shiny jet, the Pax and YOU, the crew....they do this in the hope that things will improve and they'll actually make a decent return...but, the longer they run at a loss, the longer it's going to take to recoup that loss , before a profit emerges

Many don't make it!...short memories here? bankrupt airlines with unloved, unwanted aircraft which rapidly deteriorate and depreciate to scrap value.

Yes, the odd operator does make a good profit (all together, now.... RYR !)

but they have been ruthless exploiters of the market place, to get there, keep there and be in good position to cash in when things get better.

All you whingers who think the Aviation industry owes you a living, .....easy solution....club together and buy an airline out of bankruptcy....you'll get an incredible bargain at someone -else's expense, then you can cash in as owners.
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