We're all *****d!
Re-Heat - v interesting. This business is one hell of a smoke and mirrors show. The actual business of flying passengers to destinations is a tiny fraction of the real business of selling tea, coffee, buns, scratch cards, car hire discounts, hotel reservation commissions, oil price speculation and airframe trading.
The one thing that is clear is that Wannabes should take no comfort from specific airline aircraft orders nor the fact that the manufacturers are working flat out. Its all heading to countries where your license or your logbook don't count.
WWW
The one thing that is clear is that Wannabes should take no comfort from specific airline aircraft orders nor the fact that the manufacturers are working flat out. Its all heading to countries where your license or your logbook don't count.
WWW
Join Date: Apr 2008
Location: UK
Age: 50
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Re-Heat - v interesting. This business is one hell of a smoke and mirrors show. The actual business of flying passengers to destinations is a tiny fraction of the real business of selling tea, coffee, buns, scratch cards, car hire discounts, hotel reservation commissions, oil price speculation and airframe trading.
The one thing that is clear is that Wannabes should take no comfort from specific airline aircraft orders nor the fact that the manufacturers are working flat out. Its all heading to countries where your license or your logbook don't count.
WWW
The one thing that is clear is that Wannabes should take no comfort from specific airline aircraft orders nor the fact that the manufacturers are working flat out. Its all heading to countries where your license or your logbook don't count.
WWW
hadnt though of that at all!
Join Date: Aug 2006
Location: Finland
Age: 36
Posts: 46
Likes: 0
Received 0 Likes
on
0 Posts
Topslide wrote:
"Sorry, are you suggesting there is an abundence of flying jobs in Finland?!"
Did i say like that?
to idiots: (Asia & Middle-east).
If here are seriosly talking only about the UK area, maybe topic name should be "We're all *****d in UK!"
"Sorry, are you suggesting there is an abundence of flying jobs in Finland?!"
Did i say like that?
to idiots: (Asia & Middle-east).
If here are seriosly talking only about the UK area, maybe topic name should be "We're all *****d in UK!"
Join Date: Oct 2002
Posts: 339
Likes: 0
Received 0 Likes
on
0 Posts
Some good points raised on this thread, and I have to agree with the title of the thread, although I am not a wannabee.
I read today that Ryanair are grounding 10% of their fleet this year, what will happen to the surplus crews? I hear that Ryanairs Ts and Cs are aggressive at the best of times let alone when the chips are down.
From what I see in the mil, the last few years have been a boom period for guys leaving with 2000hrs TT and pretty much beating away the job offers, not at the moment. Guys are still getting jobs on the whole, but having to look harder for them.
Whoever it was that said the RAF is desparate, really is desparate. We aint. When the airlines stop recruiting, people stay in the mob.
I feel that only the strongest will survive the "credit crunch", yes cheap air travel is great but disposable income is falling faster than Silverjet shares and coupled to higher fares due to oil, it is a situation which only get a lot worse very quickly.
I do think that EZY and Ryan will be ok as they have ridiculous low operating costs compared to other legacy carriers, the latter I feel will have to make some significant cost saving measures to weather the storm.
Supply and demand basically. The levels of supply we have seen over the last 5-10 yrs are currently greater than demand and this situation I feel will only get worse.
What does this mean for those who are just starting out?? Pretty much what WWW has been saying. If you can get out I would................
I read today that Ryanair are grounding 10% of their fleet this year, what will happen to the surplus crews? I hear that Ryanairs Ts and Cs are aggressive at the best of times let alone when the chips are down.
From what I see in the mil, the last few years have been a boom period for guys leaving with 2000hrs TT and pretty much beating away the job offers, not at the moment. Guys are still getting jobs on the whole, but having to look harder for them.
Whoever it was that said the RAF is desparate, really is desparate. We aint. When the airlines stop recruiting, people stay in the mob.
I feel that only the strongest will survive the "credit crunch", yes cheap air travel is great but disposable income is falling faster than Silverjet shares and coupled to higher fares due to oil, it is a situation which only get a lot worse very quickly.
I do think that EZY and Ryan will be ok as they have ridiculous low operating costs compared to other legacy carriers, the latter I feel will have to make some significant cost saving measures to weather the storm.
Supply and demand basically. The levels of supply we have seen over the last 5-10 yrs are currently greater than demand and this situation I feel will only get worse.
What does this mean for those who are just starting out?? Pretty much what WWW has been saying. If you can get out I would................
Join Date: Sep 2003
Location: Scottish FIR
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by belongins
Spinnaker - You ass
Sorry dude - you said you'd like it - just trying to brighten someones day.....
Sorry dude - you said you'd like it - just trying to brighten someones day.....
My day has been brightened even further. Just had a visit from the local Environmental Health Officer. Very tasty bit of totty.
Join Date: May 2001
Location: Room 249
Age: 39
Posts: 141
Likes: 0
Received 0 Likes
on
0 Posts
Djfingerscrossed and Topslide6, the HSBC loan repayment is somewhat below your guesses, and they do not lend between 70 and 80k. If you only ever make the mimimum loan repayment, then yes the total would be 80k. however, I do not believe that this is what you meant.
That's how rumours start guys. If you're going to throw "facts" in, check their accuracy first.
That's how rumours start guys. If you're going to throw "facts" in, check their accuracy first.
Ummm, so what do they lend then and at what % - if you know, share.
WWW
WWW
Join Date: May 2008
Location: New Zealand
Age: 35
Posts: 20
Likes: 0
Received 0 Likes
on
0 Posts
well I'm nearly 20, I'm a wannabe wanting to get into an airline one day, and now I'm f****d due to damn petrol prices. oh well, I dont care because I'm following a dream, and as long as there are planes flying there will be pilots, and i'll be one of those pilots and you guys can keep bitching about fuel prices, (yes I bitch about it too) and fall back on being car salesmen, and I'll work my ass off and take your jobs...
Globally the world in its self is f****d- but seeing this is an avation forum, it is noted flights around the world will hit a max, due to fuel prices, lack of affordable flights and limited airspace, companies will go bust, people will lose their jobs- but I don't think we are at that point just yet. Do you think thousands of people can be seen at heathrow everyday because the coffee's good there?
So how about a little optimisum- and leave your back up plans for when your boss reads this forum and sends you packing. lol
Its a bloody tough industry- everybody knows that, so I plan on being the best I can be, buying too many important people too many coffees, sending a sh*tload of CVs and kissing a lot of ass. But hey I get to follow my dreams so I ain't complaining. What are you going to do?
Globally the world in its self is f****d- but seeing this is an avation forum, it is noted flights around the world will hit a max, due to fuel prices, lack of affordable flights and limited airspace, companies will go bust, people will lose their jobs- but I don't think we are at that point just yet. Do you think thousands of people can be seen at heathrow everyday because the coffee's good there?
So how about a little optimisum- and leave your back up plans for when your boss reads this forum and sends you packing. lol
Its a bloody tough industry- everybody knows that, so I plan on being the best I can be, buying too many important people too many coffees, sending a sh*tload of CVs and kissing a lot of ass. But hey I get to follow my dreams so I ain't complaining. What are you going to do?
Join Date: Sep 2003
Location: Scottish FIR
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by chchflyboy
Its a bloody tough industry- everybody knows that, so I plan on being the best I can be, buying too many important people too many coffees, sending a sh*tload of CVs and kissing a lot of ass. But hey I get to follow my dreams so I ain't complaining. What are you going to do?
Join Date: Sep 2006
Location: between a rock and a hard place
Posts: 218
Likes: 0
Received 0 Likes
on
0 Posts
Guys, jumping back to a few posts ago ref wages and loan repayments etc. My best mate has just started with BA post CTC (he finished CTC in May and started with BA two weeks later). He did take the living expenses loan and has worked out that his repayments over 7 years will be approx £1100. His start salary with BA is £31k.
He is convinced that his loan repayments will 85% be covered by his sector pay, thus his £31k pa will hardly be eaten into for the loan repayment. His rent at Heathrow is £600 a month (sharing with 3 hosties). He is living the dream!!!
However, old and bolds, are his calcs realisitic?
Cheers
MFWF
He is convinced that his loan repayments will 85% be covered by his sector pay, thus his £31k pa will hardly be eaten into for the loan repayment. His rent at Heathrow is £600 a month (sharing with 3 hosties
). He is living the dream!!!However, old and bolds, are his calcs realisitic?
Cheers
MFWF
Join Date: Jun 2007
Location: Glasvegas, Scotland
Posts: 25
Likes: 0
Received 0 Likes
on
0 Posts
Well his 31k salary will net him 1923.13 per month then deduct any pension contributions.
Rent of 600 per month plus council tax, plus bills and transport and your up to 800/month in expenses before you've eaten.
Then 1100/month on loan repayments?
No idea what the sector pay is but without it he'd be on beans n toast for years and be unable to take those hosties out for even a shandy!!
Rent of 600 per month plus council tax, plus bills and transport and your up to 800/month in expenses before you've eaten.
Then 1100/month on loan repayments?
No idea what the sector pay is but without it he'd be on beans n toast for years and be unable to take those hosties out for even a shandy!!
Join Date: Apr 2008
Location: UK
Age: 50
Posts: 106
Likes: 0
Received 0 Likes
on
0 Posts
Mustflywillfly
Holy doo doo that is the dream right there son
At last a bit of FACTUAL based sunshine - you have no idea how happy this has made my Thursday
Topslide!
Uh no it isnt i'm affraid - it's straight from the horses mouth - sorry dave you're not a horse really neigh neigh
Right off to a meeting.............yawn
Holy doo doo that is the dream right there son
At last a bit of FACTUAL based sunshine - you have no idea how happy this has made my Thursday
Topslide!
Sorry mate but that, as they say, is horlicks.
Right off to a meeting.............yawn
Join Date: Sep 2006
Location: between a rock and a hard place
Posts: 218
Likes: 0
Received 0 Likes
on
0 Posts
I should have pointed out that the £600 per month included all bills. Sector pay is the extra financial reward, literally for each sector that you fly. I guess 4 sectors per day is quite realistic for a newbie flying short haul.
The other fact is that he will be driving the A320. He does however reckon that had he graduated a month or two later then he would have just missed the boat. Lets hope BA don't lay people off and operate a last in first out policy! I want to go to some of these parties he keeps talking about. Git!!!
Anyway back to the ATPL theory.....PofF, what a bitch.
The other fact is that he will be driving the A320. He does however reckon that had he graduated a month or two later then he would have just missed the boat. Lets hope BA don't lay people off and operate a last in first out policy! I want to go to some of these parties he keeps talking about. Git!!!
Anyway back to the ATPL theory.....PofF, what a bitch.
Join Date: Sep 2003
Location: Scottish FIR
Posts: 344
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by wiggy
Methinks you are too generous offering to pay half the going rate...chchflyboy is following his dream (didn't we all once) so why pay him at all?
I'm a charitable soul.
