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-   -   Growing Evidence That The Upturn Is Upon Us (https://www.pprune.org/professional-pilot-training-includes-ground-studies/335548-growing-evidence-upturn-upon-us.html)

quant 7th Mar 2009 18:58


Believe it or not, the entire Scottish population do not live solely in Edinburgh.
That's quite correct as the scottish have migrated south to number 10 and the rest of whitehall :p

Lurking123 7th Mar 2009 19:20

TheBeak, I agree with you - I'm not arguing about the global downturn, I'm only pointing out that facts need to be, err, 'factual' and relevant. My Scottish friend pointed-out that in his part of the world house prices had held, this was countered with a postcode quote from a site that specialises in highlighting reduced house prices. Both quotes are true but their relevance is questionable.

Anyway, I've said my bit before on this thread. There is no doubt that the World (and therefore the aviation industry) is in for a very tough ride. I just see no need in perpetuating this particular discussion with endless statistics. A precis of the whole thing would take about 500 words, probably less. Maybe the thread should get a sticky and then be locked until there is something new to talk about? Anyone who still hasn't got the message after trawling through the scores of pages that currently exist probably deserves to go through a Darwinian selection process. :)

Anyway, must go, I'm about to win the lottery. :eek:

PS. Two flying job offers this week. Not airline stuff but, as someone previously said, some of the pain can be ameliorated by entertaining diversity.

smith 7th Mar 2009 19:27


That's quite correct as the scottish have migrated south to number 10 and the rest of whitehall
and the english have all migrated to .......................... EDINBURGH!!!!!!

Wee Weasley Welshman 7th Mar 2009 19:55

Prices in your street may not have fallen but there's nothing wrong with a website that specilaises in listing falling property prices. Its all factual. If you think I can't find a dropped price within 10 miles of Inverness of anywhere else then you're wrong. The Scottish market has fewer props than many other small regions of the UK.

Continually talking about the continuing crisis is also perfectly legitimate.

FTO's continue to relentlessly market an upbeat prospectus..


WWW

Reluctant737 7th Mar 2009 20:07


If you think I can't find a dropped price within 10 miles of Inverness of anywhere else then you're wrong.
go on, off you go WWW, if you manage this then we might just up your pocket money next week ;)

TheBeak 7th Mar 2009 20:46

For IV2 1HS:




Postal District: Inverness
1998:£56,433, 2003:£110,591, 2006:£159,472, 2007:£184,458 2008: £178,179



From: House prices by postcode

This portion of the conversation is really rather petty but in order to prove a point......

Wee Weasley Welshman 7th Mar 2009 20:56

You couldn't afford my pocket money never mind upping it..


Within 5 miles radius search on Rightmove of Inverness:


5 bedroom house for sale in Ardersier, Inverness, Highland, IV2

5 beds, many acres, started at £750k on June 12th now begging at £625k


Perhaps something at the other end of the market with 2 beds....

2 bedroom flat for sale in Apartment 5, Lentran House, Kirhill, Inverness-Shire, IV3 8RL, IV3

Started at £250k now at £230k since Oct 16th and still asking..




That's off the top of Property Bee's head within 60 seconds of searching. Can I have my pocket money increase in gold please?


WWW

Reluctant737 7th Mar 2009 21:15

looks like you got me! I do admire how you back up words with evidence :ok:

cheers, ad

p.s. would you like that as a direct transfer to your bullionvault?

Nearly There 7th Mar 2009 21:43

Just register a new account at BullionVault for him, that way he gets a free gram and costs you nothing:ok:

Adios 7th Mar 2009 22:13

WWW,

Those are guide prices that have fallen. A guide price isn't market value. You can probably find some Inverness homes that have fallen in market value, but you'd need actual sale prices to use as comps to establish declining market values. Keep looking and I'm sure you'll find some though.

DeltaT 8th Mar 2009 01:56

This thread originally had the intent of something positive, to give some light at the end of the tunnel. The title IS 'Growing Evidence That The Upturn Is Upon Us'. If there is no evidence, then let the thread go as all others do, and perhaps start another thread entitled 'reasons to be depressed'.
There is enough doom and gloom on these threads.

getoffmycloud 8th Mar 2009 05:47

God this debate is pointless! Across the UK house prices are down over 20% from the peak and still falling 1-2% per month. This is a cr*ppy situation and to say prices haven't fallen in some small town in Scotland is irrelevent.

What matters is bums on seats for airline pilots and this is getting much worse. It is not house prices in Inverness that matter.... it is the UK average and the general health of the city of London.... it is here the majority of highly profitable business class seats originate for the likes of BA etc.

I think we are getting a bit sidetracked here.... did you see Easyjets Feb passenger numbers... think I saw something on the news says they were down 7% year on year :sad: Looks like even the lowcos aren't immune after all :oh::eek:

Wee Weasley Welshman 8th Mar 2009 08:45

Getting sidetracked into pointless tangential discussions of a heated nature is What The Internet Is For.. ;)


And to balance the contribution made from the Daily Mail, this from the Guardian:

Business Feed Article | Business | guardian.co.uk



Meanwhile low-cost rival easyJet ended a long run of rising monthly passenger volumes by reporting a 6.8 percent fall in February on a year ago.

Air Berlin also reported a drop in its passenger numbers, down 8.5 percent in a month where matching 2008 levels was always going to prove more difficult because a leap year in 2008 meant there was an extra day of business a year ago.

BA had said on Wednesday it suffered an 8.3 percent fall in its passenger traffic, while Ireland's Ryanair has proved the only gainer to date with a 7 percent gain.


WWW

clear prop!!! 8th Mar 2009 09:00


think I saw something on the news says they were down 7% year on year Looks like even the lowcos aren't immune after all
But, like everything else, there's another side to the story....Ryanair was UP 7% in Feb with load factor up 3%.

No one can deny it's bad. Equally no one on this forum shout spout forth, with such 'apparent' expert knowledge, as to what will happen, as with respect, there is no one on this forum qualified to do so.

We are in uncharted territory and no one knows the outcome.

Some of the sweeping statements and generalisations, delivered with such eloquence, could well come back to bite one on the arse!!!


Ah!, just noticed a simultaneous by WWW who has acknowleged positive!!!... (all be it small) in Ryanairs figs!

getoffmycloud 8th Mar 2009 10:31

Are Ryanair still recruiting 200 hr wanabees (honest question I don't know)
And to be honest 7% yoy at Ryanair must be the slowest growth rate for them in years. We must be just a couple of months away from them being ex-growth. Are they the only airline still growing??

Also I believe Aer Lingus has been publishing horrenous passenger numbers.

I think I agree with earlier comments made by WWW.... next winter is going to be a complete bloodbath for pilot recruitment.

Halfbaked_Boy 8th Mar 2009 10:37

Ryanair continue to recruit 250 hour pilots, albeit feeling the effects dovetailing down through the industry. New guys are going into a holding pool for a few months - I personally know somebody who's been offered a place on the type rating a few days ago looking at a start later in the year, so recruitment is ongoing.

I'm sure it's a complete coincidence that Ryanair's continued growth has something to do with the fact there are no lower fares in the world on similar routes... Charles Darwin and all that...

Good luck to them - morals or no morals, when we hit a bridge like this, there comes a time when customer service must strike a very, very fine line with minimising costs and maximising revenue. It's that, or the extinction of the business.

Wee Weasley Welshman 8th Mar 2009 10:42

And all those lovely new Boeings coming to coincide with the growth.


WWW

Halfbaked_Boy 8th Mar 2009 10:48

Haha yeah :rolleyes:

Wee Weasley Welshman 9th Mar 2009 11:47

What you have to ask yourself and decide upon is where are we on the graph below?


http://dshort.com/charts/bears/four-bears-large.gif


Base your decisions on where you think we are. Thats the sort of rational, justifiable strategy that a commercial pilot could stand up in court and defend his decision based upon...


WWW

Blindside 9th Mar 2009 12:31

www interesting, good graphs thanks.


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