Growing Evidence That The Upturn Is Upon Us
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Management game playing
I think that we have the managment of some airlines playing games to keep staff in line, They are pushing the gloom & doom line so as to get a better deal for the company.
Some would say that their job is to get the best deal for the shareholders, but what goes around comes around, just remember the way they treat the staff. When the upturn comes we will see them wringing their hands and complaning about the pilots lack of company loyalty!
Some would say that their job is to get the best deal for the shareholders, but what goes around comes around, just remember the way they treat the staff. When the upturn comes we will see them wringing their hands and complaning about the pilots lack of company loyalty!
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After talking to a bod in TUI the 80 figure seems a little low...
I'd be happy with that! We all have to realise that the good times have gone. Those with families etc will find it hardest to adapt.
Heathrow counts cost of disappearing business passengers - Times Online
People who continue to take great pleasure/content in current/ past pilots being made redundant are the types who would be perfectly happy with payscales for a320/737 of the following it would seem: Fo (less than 500 Hours) - £17000 - £20000 Fo (more than 500 hours) - £21000 - £27000 Captain - £29000 - £36000 With an extra £1000 for being a TRE/TRI!
Heathrow counts cost of disappearing business passengers The number of business passengers using Heathrow, the world’s busiest international airport, fell by 5 per cent last year, according to the annual survey of passengers by the Civil Aviation Authority (CAA). The numbers dropped by 1.2 million to 22.8 million, just over a third of the total number of all passengers.
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Anybody else worried?
The worry with the ecomony is still not over. China maybe growing at a record pace but it's using stimulus money to achieve growth thus creating a bubble and we all know what happens to financial bubbles. Secondly the stock market has got ahead of itself, FTSE is up 50 points today (oil is hovering ~ $80) and our economy is still contracting. I understand the stock market can be quite boyant during a recession but this is ridiculous futher adding to my fears that we will again see a big sharp dip! that's when i'll buy...all this among another bubble being created in the gold market...................................................... .... 
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Should I take the fact that this thread after being one of the most lively is now sliding back dramatically is further proof ( stock-market not flying ) that the up turn really is upon us ?
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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.
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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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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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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WWW-are you still holding onto your FTSE short?
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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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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?
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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This is a wannabes forum
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.
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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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
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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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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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.
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.