Growing Evidence That The Upturn Is Upon Us
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
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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
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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)
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)
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..
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ps Yes and I am showing my age
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
After all, I can make the whole thread disappear..
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.
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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
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
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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...
Sorry if this is old news, but I've just got back from the pub...
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.
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Nah.
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Nouriel Roubini (NYU economics professor) is someone I listen to. This is what he is saying today.
Take the 1990's recession. Multiply it by 1.5. Apply to the current airline industry. That's 2009.
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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.
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.
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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.
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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
I'd boil that kangaroo skin hat for a few hours first to tenderise it a bit WWW
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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
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
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.
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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.
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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!!!!
Bloody great news, the first bit that newbies such as myself has had in a while!!!!
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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...
Very bizarre circumstances but alot of happy people in the Midlands and on the Airbus fleet...unless you hate Sharm El Sheikh...
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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 !
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 !
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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!!!
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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.