Go Back  PPRuNe Forums > Wannabes Forums > Professional Pilot Training (includes ground studies)
Reload this Page >

Growing Evidence That The Upturn Is Upon Us

Professional Pilot Training (includes ground studies) A forum for those on the steep path to that coveted professional licence. Whether studying for the written exams, training for the flight tests or building experience here's where you can hang out.

Growing Evidence That The Upturn Is Upon Us

Old 11th Dec 2008, 12:27
  #1421 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,933
Received 98 Likes on 50 Posts
Never buy an iPhone, take it to the pub and make postings of PPRuNe whilst waiting for a taxi.

I will write out those lines 1,000 times.


>10 airlines with >30 aircraft bust is a pretty big bet. If it was >30 airlines with >10 aircraft I think I'd be more likely to put money on it.

Either way, it'll be worse than 1990's recession when in the UK we lost:

Air Europe
Airfreight Express
Ambassador
Capital
Dan Air
Tradewinds



WWW
Wee Weasley Welshman is offline  
Old 11th Dec 2008, 12:58
  #1422 (permalink)  
 
Join Date: Apr 2001
Posts: 355
Likes: 0
Received 0 Likes on 0 Posts
WWW

Bet you wish you had got to the 'delete post button' before Pilotmike cut and pasted your 'Www..from my Iphone' post!!

Pubs...alchohol..pprune posts...iphones... never a good idea.....but we've all done it!!

clear prop!!!....(from my macbook pro)
clear prop!!! is offline  
Old 11th Dec 2008, 15:13
  #1423 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,933
Received 98 Likes on 50 Posts
Not really. After all, I can make the whole thread disappear..


But actually, yes, there ought to be some sort of widget that, active after 10.30pm, would detect a horrendous misspelling rate and then lock the keypad for 2 hours. Actually, I might just wright that. There's got to be a market for it...


Apps Store: Pub Defender!


This time next year Rodney..


WWW


ps Yes and I am showing my age
Wee Weasley Welshman is offline  
Old 11th Dec 2008, 22:23
  #1424 (permalink)  
 
Join Date: Nov 2004
Location: UK
Posts: 570
Received 69 Likes on 20 Posts
After all, I can make the whole thread disappear..
Oh no, WWW! What a terrible prospect! But no worries - You'll be very relieved to know that fearing just such an unlikely misfortune, I have taken the trouble to save a copy of the thread so that it can be re-posted at a moment's notice if ever that dreadful misfortune were to occur.

We could never risk allowing such a great thread just to vanish into the ether, now could we?!!!

However, I'm fully with you on the texting / typing when on a night out - oh yes, done it far too many times, and it somehow always ends in tears.
pilotmike is offline  
Old 11th Dec 2008, 22:51
  #1425 (permalink)  
 
Join Date: Mar 2001
Location: London U.K
Posts: 80
Likes: 0
Received 0 Likes on 0 Posts
Ryanair will employ 350 cadets next year. Someone asked?

It won't clear the rapidly growing European backlog of young pilots looking for a job - far from it. However looking solely from an out of work, potential cadet pilots point of view it is a little piece of positive news is it not?

Rgds
Slick is offline  
Old 11th Dec 2008, 23:36
  #1426 (permalink)  
 
Join Date: Jun 2008
Location: Just a bit lower than the point where the falling angel meets the rising ape
Posts: 213
Likes: 0
Received 0 Likes on 0 Posts
As for the whole "drunken texts in pubs" thang, aren't google or somesuch developing something? Something to do with solving maths problems before having a text sent at a certain time of the day...

Sorry if this is old news, but I've just got back from the pub...
JohnRayner is offline  
Old 12th Dec 2008, 07:55
  #1427 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,933
Received 98 Likes on 50 Posts
RYR will take 350 cadets in 2009?! A record number. Presumably they would have to promote to Captain a similar number of FO's. Allowing for a few retirements they'd need to add around 50 jets to their fleet - 6 per month.

Nah.


WWW
Wee Weasley Welshman is offline  
Old 12th Dec 2008, 08:05
  #1428 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,933
Received 98 Likes on 50 Posts
Nouriel Roubini (NYU economics professor) is someone I listen to. This is what he is saying today.


We are in the middle of a very severe recession that's going to continue through all of 2009 - the worst U.S. recession in the past 50 years. It's the bursting of a huge leveraged-up credit bubble. There's no going back, and there is no bottom to it. It was excessive in everything from subprime to prime, from credit cards to student loans, from corporate bonds to muni bonds. You name it. And it's all reversing right now in a very, very massive way. At this point it's not just a U.S. recession. All of the advanced economies are at the beginning of a hard landing. And emerging markets, beginning with China, are in a severe slowdown. So we're having a global recession and it's becoming worse.

Things are going to be awful for everyday people. U.S. GDP growth is going to be negative through the end of 2009. And the recovery in 2010 and 2011, if there is one, is going to be so weak - with a growth rate of 1% to 1.5% - that it's going to feel like a recession. I see the unemployment rate peaking at around 9% by 2010. The value of homes has already fallen 25%. In my view, home prices are going to fall by another 15% before bottoming out in 2010.

For the next 12 months I would stay away from risky assets. I would stay away from the stock market. I would stay away from commodities. I would stay away from credit, both high-yield and high-grade. I would stay in cash or cashlike instruments such as short-term or longer-term government bonds. It's better to stay in things with low returns rather than to lose 50% of your wealth. You should preserve capital. It'll be hard and challenging enough. I wish I could be more cheerful, but I was right a year ago, and I think I'll be right this year too.


Take the 1990's recession. Multiply it by 1.5. Apply to the current airline industry. That's 2009.


WWW
Wee Weasley Welshman is offline  
Old 12th Dec 2008, 08:20
  #1429 (permalink)  
 
Join Date: Jan 2005
Location: london
Posts: 171
Likes: 0
Received 0 Likes on 0 Posts
They are planning to take on 350 cadets and i am assuming they are cheap for ryanair. Where the hell do they plan to be flying to as thre are overcapacity on some of these routes. I cant wait for them to start going transatlantic though.
nuclear weapon is offline  
Old 12th Dec 2008, 09:02
  #1430 (permalink)  
 
Join Date: Aug 2008
Location: between a rock and a hard place
Posts: 261
Likes: 0
Received 0 Likes on 0 Posts
If only the Labour party had a delete button and could wriggle out of some of the things it's said and done.

I'd boil that kangaroo skin hat for a few hours first to tenderise it a bit WWW
ChrisLKKB is offline  
Old 12th Dec 2008, 09:06
  #1431 (permalink)  
 
Join Date: Mar 2001
Location: London U.K
Posts: 80
Likes: 0
Received 0 Likes on 0 Posts
Almost. 47 Jets I believe. That is the net fleet increase 2009. And yes somewhere in the region of 80-90 CUs. Anyway training continues, there are new cadets under training and CU courses running as I type. Nearly all my flights are training flights and I spend a fair amount of time in the sim.

Im not interested in a discussion of the merits of joining Ryanair good or bad, I just though it might be of interest, and maybe a little bit of good news.


Best Rgds
Slick is offline  
Old 12th Dec 2008, 09:14
  #1432 (permalink)  
 
Join Date: Feb 2000
Location: England
Posts: 14,933
Received 98 Likes on 50 Posts
Thanks for posting it.

Adding that many aircraft into the teeth of a major recession is a brave move that I guess RYR can't get out of given they ordered the aircraft with no option to get out of it.

I think they'll be the only airline in Europe adding >3% to their fleet size in 2009. Good news for wannabes at least.

WWW
Wee Weasley Welshman is offline  
Old 12th Dec 2008, 11:53
  #1433 (permalink)  
 
Join Date: Feb 2008
Location: A town called Eureka!
Posts: 116
Likes: 0
Received 0 Likes on 0 Posts
I'd heard on the grapevine that RYR were taking on over 300 newbies next year. Aparantly 2011 is the year they'll be heading Transatlantic but I gather it will be under a different name so..... I wonder who'll be selling their souls to get onto the 777 (I think that's what they'll be using anyway???)

Bloody great news, the first bit that newbies such as myself has had in a while!!!!
Flying Squid is offline  
Old 12th Dec 2008, 12:13
  #1434 (permalink)  
 
Join Date: Mar 2001
Location: Midlands, UK
Posts: 111
Likes: 0
Received 0 Likes on 0 Posts
Also Thomson Airways have revised it's Summer 2009 fleet plan and seized opportunities to increase some capacity onto key mid-haul desinations! It's now back to 62 operating aircraft including a Coventry base!

Very bizarre circumstances but alot of happy people in the Midlands and on the Airbus fleet...unless you hate Sharm El Sheikh...
Honiley is offline  
Old 12th Dec 2008, 12:22
  #1435 (permalink)  
 
Join Date: Feb 2008
Location: A town called Eureka!
Posts: 116
Likes: 0
Received 0 Likes on 0 Posts
Blimey, 2 bits of pretty good news in 1 day......must be X-Mas!
Flying Squid is offline  
Old 12th Dec 2008, 17:20
  #1436 (permalink)  
 
Join Date: Mar 2008
Location: Southampton
Age: 60
Posts: 198
Likes: 0
Received 0 Likes on 0 Posts
Is the 47 planes for FR an increase in fleet size or the number of 737 being delivered ?

Bear in mind FR are always replacing aircraft. I think it was 4 off the list this month.

Good news though. I think MOL only wants 60-70 widebodies for the longhaul operation !
IrishJetdriver is offline  
Old 12th Dec 2008, 17:49
  #1437 (permalink)  
 
Join Date: Feb 2008
Location: A town called Eureka!
Posts: 116
Likes: 0
Received 0 Likes on 0 Posts
Christ....60-70! happy days!!! If RYR want over 300 newbies next year then i would think that they are adding those aircraft to the fleet. Not surprisingly the RYR attrition rate has been pretty low over the last few months and coupled with the Boeing strikes it has meant a slow down in their recruitment but if akll this goes ahead then it's some small amount of good news for us low hour guys!!!
Flying Squid is offline  
Old 12th Dec 2008, 18:31
  #1438 (permalink)  
 
Join Date: Oct 2005
Location: UK
Posts: 42
Likes: 0
Received 0 Likes on 0 Posts
Wow so much good news from an airline that is making its current flight crew take unpaid leave....
getoffmycloud is offline  
Old 12th Dec 2008, 19:14
  #1439 (permalink)  
 
Join Date: Aug 2007
Location: UK
Posts: 149
Likes: 0
Received 0 Likes on 0 Posts
Honiley

Are you saying that having pulled out of Coventry last month Thomson are going back in with a base in 2009?
Alvechurch is offline  
Old 12th Dec 2008, 22:59
  #1440 (permalink)  
 
Join Date: Mar 2008
Location: Southampton
Age: 60
Posts: 198
Likes: 0
Received 0 Likes on 0 Posts
Just a note on the FR unpaid leave. if you're on a Brookfield contract you are only paid 11 months but you know you have to take a month off before you sign on the dotted line. As far as the rest, it's only DUB and STN affected, and even then it's not everyone as it depends on your hours. Allegedly.
IrishJetdriver is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.