Growing Evidence That The Upturn Is Upon Us
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Never. There always has been and always will be an oversupply of fATPLs.
This will probably be a long painful recession which significantly reduces expendable income and available credit. With training costs so ludicrously high and unlikely to come down my theory may not seem so far fetched in a year or two.
btw Hamilton/Lewis/Barry ???
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I know the times you are talking about:
Again, this was airlines calling up for fATPLs - fATPLs of Quality. Because the market was saturated with rich kids who'd bought their way into training establishments.
I'm telling you now, the experts at the likes of GAPAN are never expecting a shortage of fATPLs! from the horses mouth
when airlines were screaming out for pilots and were known to call up flight schools asking when they can expect more recruits
I'm telling you now, the experts at the likes of GAPAN are never expecting a shortage of fATPLs! from the horses mouth
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We'll see what this recession brings.
This is only one scenario but, I can't see a 70K + price tag for training being sustainable in a long drawn out recession and I can't see ftos dropping their prices.
I have a feeling this recession will be much longer than any we've seen in modern history, attitudes and spending habits may change dramatically...and they need to. (either that or the airlines will end up being over run with even more nathans than they are already)
This is only one scenario but, I can't see a 70K + price tag for training being sustainable in a long drawn out recession and I can't see ftos dropping their prices.
I have a feeling this recession will be much longer than any we've seen in modern history, attitudes and spending habits may change dramatically...and they need to. (either that or the airlines will end up being over run with even more nathans than they are already)
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Again, this was airlines calling up for fATPLs - fATPLs of Quality. Because the market was saturated with rich kids who'd bought their way into training establishments.
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WTF is Lewis?
I'm not sure a victory for OBama is anything to celebrate, not yet anyway. He's a Democrat like Clinton who some consider to be responsible for the subprime mortgage crisis.
I'm not sure a victory for OBama is anything to celebrate, not yet anyway. He's a Democrat like Clinton who some consider to be responsible for the subprime mortgage crisis.
Last edited by ChrisLKKB; 3rd Nov 2008 at 20:59.
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I suspect the issue was more to do with the quality of the person rather than the quality of the skills.
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Chris,
You are so boring!!!!
and there was me thinking you were worldly wise, Lewis Hamilton is the new BRITISH F1 CHAMPION...yeh!!!!!! so come on lets be positive for a change, i know it is not part of your psychi but go on give it a go....I am sure you can do it.
You are so boring!!!!
and there was me thinking you were worldly wise, Lewis Hamilton is the new BRITISH F1 CHAMPION...yeh!!!!!! so come on lets be positive for a change, i know it is not part of your psychi but go on give it a go....I am sure you can do it.
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bia...You watch formula one and call ME boring!
We really are in dire straights when all there is to be positive about is the fact that the guy who can go round and round in circles in a car quickest happens to be a British tax exile.
We really are in dire straights when all there is to be positive about is the fact that the guy who can go round and round in circles in a car quickest happens to be a British tax exile.
Last edited by ChrisLKKB; 4th Nov 2008 at 08:44.
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So what floats your boat Chris, ??
The price of oil is still dropping, the interest rate is due to drop this week.. Barry looks like he is a winner.
Come get a realtiy check or maybe join the daily mail who have been preaching this nonsense since the early part of the decade.
This is not the end of civilisation, just a recession that will of course affect people.
Just a parting shot, Vince Cable cracked a jokle this week...
Q/ What is the difference between a banker and a pidgeon???
a/ the pidgeon can make a deposit on a aston martin!!!
Boom Boom
The price of oil is still dropping, the interest rate is due to drop this week.. Barry looks like he is a winner.
Come get a realtiy check or maybe join the daily mail who have been preaching this nonsense since the early part of the decade.
This is not the end of civilisation, just a recession that will of course affect people.
Just a parting shot, Vince Cable cracked a jokle this week...
Q/ What is the difference between a banker and a pidgeon???
a/ the pidgeon can make a deposit on a aston martin!!!
Boom Boom
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Generally my outlook for this country is gloomy but generally it doesn't bother me much because it doesn't bother most people. Now the economic outlook is gloomy, very gloomy and it does bother me because it is bothering a lot of people right now and will bother many more before things turn around.
Hundreds of thousands of people will loose their jobs and their homes, tax deposits are plummeting and benefit claims will be soaring. Our countries wealth has been squandered, the pension fund has been plundered, personal pension funds have been decimated and there's no recovery looming on the horizon...oh and we're up to our eyeballs in debt, then there's the small matter of the nations youf going round stabbing each other.
No amount of whistling 'always look on the bright side of life' can change that. If you want some positive spin it's that Bush is on the way out although sadly he and Blair probably wont be tried for war crimes.
I see nothing else positive about the up coming US elections, there's a choice between a huge unknown and an old guy who's in poor health and if he dies he'll be replaced by a vindictive looney creationist bint. Look to the west and you'll see a huge dark cloud hanging in the air about 3000 miles away and as ever it will be coming in our direction.
Civilisation! What civilisation ???
Hundreds of thousands of people will loose their jobs and their homes, tax deposits are plummeting and benefit claims will be soaring. Our countries wealth has been squandered, the pension fund has been plundered, personal pension funds have been decimated and there's no recovery looming on the horizon...oh and we're up to our eyeballs in debt, then there's the small matter of the nations youf going round stabbing each other.
No amount of whistling 'always look on the bright side of life' can change that. If you want some positive spin it's that Bush is on the way out although sadly he and Blair probably wont be tried for war crimes.
I see nothing else positive about the up coming US elections, there's a choice between a huge unknown and an old guy who's in poor health and if he dies he'll be replaced by a vindictive looney creationist bint. Look to the west and you'll see a huge dark cloud hanging in the air about 3000 miles away and as ever it will be coming in our direction.
Civilisation! What civilisation ???
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sorry Roger I listen to the great man himself, but missed it.
Chris,
Why are you so interested like WWW in patronising the viewers to this forum. The reality is that you would have to have your head buried near the centre of the universe not to realise there economic problems out there...but then again you did not know who lewis is, so you are probably living in warmer climes.
What is your connection with aviation, do you work in the industry???
You seem to be very negative about everything which is quite sad, but hey ho...
as for our tory friend lastman do you not remember thatcher
Chris,
Why are you so interested like WWW in patronising the viewers to this forum. The reality is that you would have to have your head buried near the centre of the universe not to realise there economic problems out there...but then again you did not know who lewis is, so you are probably living in warmer climes.
What is your connection with aviation, do you work in the industry???
You seem to be very negative about everything which is quite sad, but hey ho...
as for our tory friend lastman do you not remember thatcher
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as for our tory friend lastman do you not remember thatcher
The difference this time will be that clueless Cameron has got no idea what he's doing and less charisma than last weeks road kill. We need another Iron Lady/Gentleman to take the reigns, tell Europe where to go swivel, kick the Beurocrats back to Brussels, slap the chavs in to the low income void left by the euro migration boom and get this country back on its own two feet.
Any Takers?????????