Taking bets on how many FTO's and AOC's will be lost.
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Taking bets on how many FTO's and AOC's will be lost.
Sitting here bored, in my snuggly warm tax free enviroment and hearing the impending doom financially of alot of operators in the Uk. Can I be proven wrong, are there operators out there that see 2009 as a profitable year.
Training school's with more money to pay on fuel, less incoming students because they can't get there hands on the cash as their house goes into negative equity, and with many other financial restrictions.
The corporate market as I've heard rumours is nose diving, how many young bright eyed newly Cpl's are going to get kicked in the n**s
, and realise the money they have spent with no future in sight. Also many old boys that have been on the commercial circuit for years, fully I.R'd up when suddenly the company owner or aircraft owner were in property, banks or manufacturing, and can no longer afford these outgoings.
Can this simply be a downturn for the next 2 years, 5 years ......
As we know it's always the rotary side to recover last. So send me your views, on how you think the companies will weather 2009.
Instead of Dear Deidre, Dear Fluffy will do
Training school's with more money to pay on fuel, less incoming students because they can't get there hands on the cash as their house goes into negative equity, and with many other financial restrictions.
The corporate market as I've heard rumours is nose diving, how many young bright eyed newly Cpl's are going to get kicked in the n**s
, and realise the money they have spent with no future in sight. Also many old boys that have been on the commercial circuit for years, fully I.R'd up when suddenly the company owner or aircraft owner were in property, banks or manufacturing, and can no longer afford these outgoings.Can this simply be a downturn for the next 2 years, 5 years ......
As we know it's always the rotary side to recover last. So send me your views, on how you think the companies will weather 2009.
Instead of Dear Deidre, Dear Fluffy will do
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...how many young bright eyed newly Cpl's are going to get kicked in the n**s...
The really dismaying part for young bright eyed guys like me is the terminal pessimism which is endemic on this forum.
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hey fluffy,
I also wondered how these corporate operators are doing right now, particuarly the big 3 around london, I heard anecdotal evidence that they were much quieter and 1 had laid some pilots off.
is this true ? anyone know what is the truth about how business is affected, in percentage terms since the same time last year?
regards
CF
I also wondered how these corporate operators are doing right now, particuarly the big 3 around london, I heard anecdotal evidence that they were much quieter and 1 had laid some pilots off.
is this true ? anyone know what is the truth about how business is affected, in percentage terms since the same time last year?
regards
CF
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The really dismaying part for young bright eyed guys like me is the terminal pessimism which is endemic on this forum
If it wasnt for new cpls alot more intructors would be out of a job!
Way to inspire new pilots fluffy
as trying to make it as a pro pilot want hard enough.........
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HI Camp Freddie,
yep have heard the rumour mill about the big 3, as we know if you talk the man in management everyone is doing wonderfully well. The indicators is the sudden c.v's that get hurled around by some very experienced pilots, the lack of aircraft movement and the company aircraft up for sale.
Unfortunately I am not being negative about the situation that young cpl's will find themselves in, it is a standard baptism of fire to get your foot into the first place of work. It may be a little difficult this year.
yep have heard the rumour mill about the big 3, as we know if you talk the man in management everyone is doing wonderfully well. The indicators is the sudden c.v's that get hurled around by some very experienced pilots, the lack of aircraft movement and the company aircraft up for sale.
Unfortunately I am not being negative about the situation that young cpl's will find themselves in, it is a standard baptism of fire to get your foot into the first place of work. It may be a little difficult this year.
Sometimes pessimism can be understated ....and in this case it may well be . It is only sensible to make someone think again if they are about to sell or mortgage their house to get a cpl . There are now loads of very experienced pilots not working and dropping their rates if they are freelance . I know of plenty who were v v busy 6 months ago but done nothing for the last 3 months . I have just sold my 350 due to no work when for the last 2 years i have had plenty . We will always feel the pinch quicker here due to being swamped with beaurocracy and costs . I will guess that 50% of aoc,s go out of business in the next 12 - 18 months or at least just drop their aoc . Hope i am wrong but i have had one call for a flight in last month
ps the top end twin market will survive as their users are mostly recession proof.
ps the top end twin market will survive as their users are mostly recession proof.
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The negativity about becoming a new cpl should not be the case. what I am stating is because of the financial situation looming in the uk, the want to be pilot will have difficulty in finding the financial resources to accomplish his dream which will have a knock on effect to the training organisations. If the poor chap has gone to a training provider and they have promised he will make the same amount of cash as a lawyer flying around in a jet ranger, then he will need to research a bit more before parting with his cash.
Any newly cpl's my word's are " This is a lifestlye change, not a financial one "
Anyway going off the subject.
Any newly cpl's my word's are " This is a lifestlye change, not a financial one "
Anyway going off the subject.
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Hi Nigelh
Yes that is what I am hearing about the top end of the market, depending on who was into property and instead of keeping there aircraft now are simply paying to use someone else's partly.
maybe the one's that can afford will not buy their own aircraft, and simply buy some time on an aircraft. As I know one or two companies that are offering this service.
Yes that is what I am hearing about the top end of the market, depending on who was into property and instead of keeping there aircraft now are simply paying to use someone else's partly.
maybe the one's that can afford will not buy their own aircraft, and simply buy some time on an aircraft. As I know one or two companies that are offering this service.
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Fluffy,
I echo your concerns on this side of the pond as the assistant chief instructor of a small school (4 R22, 1 R44) in florida. Given the current state of the economy, I don't see how we will be in business much longer, without some sort of outside investment. New students has trickled down to nearly zero and creditors are constantly calling. In addition, I'm on the low side for qualifying for a commercial job, 1250hr TT, at a time when most companies seem to be raising there minimums. Its to the point where I'm just hoping my boss can make payroll on friday. We shall see.
Mike
I echo your concerns on this side of the pond as the assistant chief instructor of a small school (4 R22, 1 R44) in florida. Given the current state of the economy, I don't see how we will be in business much longer, without some sort of outside investment. New students has trickled down to nearly zero and creditors are constantly calling. In addition, I'm on the low side for qualifying for a commercial job, 1250hr TT, at a time when most companies seem to be raising there minimums. Its to the point where I'm just hoping my boss can make payroll on friday.
We shall see.Mike
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Well I have to go out now, drink beer with lots of fillipino girls. your prize will be to come out here and I will get you lots of fillipino girls,
how's that !!
how's that !!
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no WORK!
Sounds like a superb prize to me! My passport is a the ready.
Developing your enquiry Fluffy, how many UK pilots are out there with a CPL(H) not working at the moment. Lodge a post & let us know your Total Time, Turbine Time, and whether your IR'd.
RV
Developing your enquiry Fluffy, how many UK pilots are out there with a CPL(H) not working at the moment. Lodge a post & let us know your Total Time, Turbine Time, and whether your IR'd.
RV
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Fluffy,
Good to know the heat hasn't affected your brain, but if I were you I'd stick to a bucket and spade to play with in all that sand!
For those who think Fluffers is been a little pessimistic then I'd have to agree with him that the next couple of years will be hard for anyone trying to find work let alone a fresh CPL...but it is silly season and come April everything will be much rosier...right?
One school of thought is that the wealthy American and Euro types will be liking the exchange rate and spending lots of time over here (playing Golf probably..yawn!) Which should provide some work.
I think FTO's will struggle, especially those who rely on students requiring loans to fund their training rather than the gentlemen flyer who is pursuing a hobby rather than a career.
Banks are unwilling to lend to companies aswell which restricts a companys ability to compete within the market.
My prediction is a 50% reduction in the onshore industry as regards training and charter, HEMS e.t.c I believe to be a continuing if not expanding market.
And no I don't want a Fillipino thanks.
Good to know the heat hasn't affected your brain, but if I were you I'd stick to a bucket and spade to play with in all that sand!
For those who think Fluffers is been a little pessimistic then I'd have to agree with him that the next couple of years will be hard for anyone trying to find work let alone a fresh CPL...but it is silly season and come April everything will be much rosier...right?
One school of thought is that the wealthy American and Euro types will be liking the exchange rate and spending lots of time over here (playing Golf probably..yawn!) Which should provide some work.
I think FTO's will struggle, especially those who rely on students requiring loans to fund their training rather than the gentlemen flyer who is pursuing a hobby rather than a career.
Banks are unwilling to lend to companies aswell which restricts a companys ability to compete within the market.
My prediction is a 50% reduction in the onshore industry as regards training and charter, HEMS e.t.c I believe to be a continuing if not expanding market.
And no I don't want a Fillipino thanks.
Heard through the grapevine that one of the JCB's 76's is up for sale but has been for a while as they have the newer model now. Far as I know, they still have the 5 pilots on staff, and not been word of job losses for them as yet.
All ruomours and supposition though, heard 2nd hand, etc etc
I reckon ROTORVATION's numbers could be pretty accurate, but wouldn't be surprised if it gets worse.
All ruomours and supposition though, heard 2nd hand, etc etc
I reckon ROTORVATION's numbers could be pretty accurate, but wouldn't be surprised if it gets worse.
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Hi just got back, won't take long drunk fillipino lady to attend too.
I don't thing's are far off with the predictions of 50% of fto's going down the pan in the next twelve months. At the moment as it sounds the US and the UK are going to feel the hit first.
fluffy
I don't thing's are far off with the predictions of 50% of fto's going down the pan in the next twelve months. At the moment as it sounds the US and the UK are going to feel the hit first.
fluffy