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Growing Evidence That The Upturn Is Upon Us

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Growing Evidence That The Upturn Is Upon Us

Old 25th Oct 2009, 17:06
  #3121 (permalink)  
 
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Alpine

A bit soon to think that the industry wide recovery has started but one newish airilne has posted a 3m Euro operating surplus a week or so back.

I dont see the airlines rushing to the wannabes doors with job offers just yet but the people with airline flying time are being slowly mopped up by the airlines.
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Old 25th Oct 2009, 19:50
  #3122 (permalink)  
 
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..........price of fuel is getting interesting again.
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Old 25th Oct 2009, 20:05
  #3123 (permalink)  
 
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As WWW has unfortunately had to repeat ad-infinitum, the reaction in the industry is delayed and always was. Expect the (further) fallouts to occur up to 2 years beyond main-street recovery.
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Old 25th Oct 2009, 20:06
  #3124 (permalink)  
 
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Exactly, as always in our 'profession', inertia is a mother
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Old 25th Oct 2009, 20:18
  #3125 (permalink)  
 
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Alpine-only so much can be said without just covering the same thing over and over. Fact is, guys have been warned regarding borrowing and training at this point in time and if they want to go ahead it's up to them-they will have to accept the consequences. Regarding the market still heading upwards, just watch over the next few weeks (possibly days) as reality begins to dawn. Majority are selling off shares in the rising market. This is not normal behaviour in a bull market. WWW-are you still holding onto your FTSE short? Could still come good.
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Old 26th Oct 2009, 02:47
  #3126 (permalink)  
 
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WWW-are you still holding onto your FTSE short?
Been wondering about that myself recently. If the latest crappy UK GDP figures don't cause the FTSE (and Sterling) to tank I don't know what will. The 'greater fools' may have been geniuses after all. Reminds me why I never liked equity as an asset class - in either direction.
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Old 27th Oct 2009, 00:58
  #3127 (permalink)  
 
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WWW-are you still holding onto your FTSE short? Could still come good.
Reminds me why I never liked equity as an asset class - in either direction.


Sorry,...thought this was a forum for wannabee pilots as opposed to a vehicle for buzz word posturing and mutual appreciation hugs!!

I'm sure there's a forum somewhere out there that would love to have a good old laugh at these attempts by our 'financial gurus' and perhaps have a go at our industry buzz words!!
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Old 27th Oct 2009, 01:10
  #3128 (permalink)  
 
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Clear prop:and you point you are making???!!
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Old 27th Oct 2009, 01:49
  #3129 (permalink)  
 
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Black Nat

My point?...

This is a wannabes forum.

I dip in here occasionaly to see if there is any posts where I might be able to add some help.

Sadly, of late that is not possible due to the current state of play.

Now, most wannabes, or even current, newly employed pilots are at least ..'slightly' in debt,..in fact I've only managed in the last few years to clear mine, and get myself an ISA!! and, just about been able to buy a half decent car...and I'm a captain!....(OK, ...TP)

All this 'high flying' investment talk is of no relevance here, as most are about to take on more debt (rightly or wrongly), than would sink a battleship, so what is the relevance of posturing about investment strategies?

Are we supposed to be impresssed?
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Old 27th Oct 2009, 03:53
  #3130 (permalink)  
 
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This is a wannabes forum
You were obviously too busy posturing to notice the thread title or the general drift of the subject matter in it. If anyone gets to say what can be discussed here its WWW, not you. There are plenty of threads here for you to play with acronyms you learned on FSX. Maybe I'll be impressed.
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Old 27th Oct 2009, 09:45
  #3131 (permalink)  
 
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mmm inflation seems to be a worry when the recovery does get started.
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Old 27th Oct 2009, 11:16
  #3132 (permalink)  
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Black Nat

My point?...

This is a wannabes forum.

I dip in here occasionaly to see if there is any posts where I might be able to add some help.

Sadly, of late that is not possible due to the current state of play.


You dip in here occasionally to criticise the state of play of the thread and/or my comments on it. You're quite consistent. Your views tend to be that it is too full of doom and that people shouldn't talk about the economic environment because they are not experts. Given that I have held a very bearish view and have been expounding about economics since well before the crisis hit I have often been the focus of your complaints.

My review of your posting history suggests that occasions when you've been able to add some help are limited.

Do keep trying though.


WWW
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Old 28th Oct 2009, 10:07
  #3133 (permalink)  
 
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I have never been slow to offer an alternative opinion to that of www but dispite my misgivings I have to agree with him on this one.

The health of the economy and the health of the airline business are closely linked (if a bit out of Phase) and so one can't consider a future in one without looking at the other
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Old 28th Oct 2009, 18:06
  #3134 (permalink)  
 
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I wonder just how much the big schools are feeling the pinch with a downturn in students - I have seen so many banners for money off offers with OAA and cabair...could ethier of these be at risk of going the way of the dodo...?
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Old 29th Oct 2009, 12:18
  #3135 (permalink)  
 
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House price mini-boom slows as Christmas looms

The unexpected “mini-boom” in house prices continued in September, according to the latest official figures, but analysts have said that a slowdown in the pace of the recent rebound has begun. Figures from the Land Registry showed a rise of 0.9 per cent in prices last month, taking the price of the average house in England and Wales to £158,377 and bringing the annual decline to 5.6 per cent. However, estate agents have said that transaction levels remain low and have sunk further in the first few weeks of October as homebuyers and sellers begin to hunker down in the run-up to Christmas. Rightmove reported that the number of new listings had fallen to 94,629 in October, from 105,924 in September, and the Royal Institution of Chartered Surveyors reported slight softening in demand last month.
House price mini-boom slows as Christmas looms - Times Online House prices will be subject to further extreme pressure in 2010 to 2012 - due to mortgage rates increasing and tightening of lender criteria, combined with continued rising unemployment and difficulty in obtaining all forms of credit. This however will lead to further stock shortages - and Freehold will benefit most with highest price rises - new builds will suffer biggest falls. BY end Dec 2009 around another 200,000 will move onto lower lender variable rates and see mortgage falls, offset by many coming off traacker rate and experiencing higher mortgage repayments. 2010 - Will be the rollercoaster from hell for property and mortgages - but a dream for an overseas buyer in cash or owner selling in prime central London as lack of stock will increase house prices - and there may be fewer transactions post April 2010 as 50% Tax kicks in.
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Old 29th Oct 2009, 12:45
  #3136 (permalink)  
 
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Well FTE made 5 instructors redundant yesterday, and good guys they are too. A few were let go earlier in the year also. Student numbers down in Jerez aren't what they used to be but I assume that's the same everywhere else.
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Old 30th Oct 2009, 03:52
  #3137 (permalink)  
vaibhav
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Exclamation What Will Happen To Austrlia Next Year !!!!!

all the expat pilots in india will not have a job by march 2010 ... they will go back to their own respective countries !!!! what will happen to australia
 
Old 4th Nov 2009, 13:29
  #3138 (permalink)  
 
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Announced today that BMIBABY are reducing their fleet from 17 to 12 aircraft for next summer with a resultant 54 Pilot redundancies.

BBC NEWS | UK | England | Low-cost airline cutting 158 jobs
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Old 5th Nov 2009, 23:09
  #3139 (permalink)  
 
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495 pilots to go at Netjets.

Berkshire?s NetJets Fires 495 Pilots Amid Slowdown in Flights - Bloomberg.com
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Old 6th Nov 2009, 07:27
  #3140 (permalink)  
 
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British Airways makes £292m loss

British Airways has reported a loss before tax of £292m for the six months to the end of September.
BBC NEWS | Business | British Airways makes £292m loss There is a rumour going round the flight deck that last in first out I just happened to be one of the last few in
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