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

Good point:ok: hadnt though of that at all!:eek:

Topslide wrote:

"Sorry, are you suggesting there is an abundence of flying jobs in Finland?!"

Did i say like that? :ugh:

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!"

Don't take it too seriously mate:ok:

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................

LMAO, fair cop.

My day has been brightened even further. Just had a visit from the local Environmental Health Officer. Very tasty bit of totty. :D

Spinnaker

Nice - you should have posted pics :)
B

Next time. I will:)

Thanks Topslide6, but i have gone through that all.


You guys have horrible interest rates:bored:

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.

Ummm, so what do they lend then and at what % - if you know, share.

WWW

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?

I have to say, I like your approach. A certain degree of bloody mindedness is an essential ingredient. If I were a Chief Pilot, I would probably give you an interview to get you off of my back. So, how would you save me money? Why are you better than the two guys with 10000 hours a piece, that I fired last month? (apart from the fact I'm only going to pay you half the going rate).:E

spinnaker

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?

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 :E). He is living the dream!!!

However, old and bolds, are his calcs realisitic?

Cheers

MFWF

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!!

Mustflywillfly

Holy doo doo that is the dream right there son:)
:ok:
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

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.

I said 'half the going rate'. The going rate is £0, I am willing to pay half that.

I'm a charitable soul. :}

:) I know what sector pay is - I just don't know his particular rate, is what i was saying!!