United Airlines says it will lay off 950 pilots
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Goldfish Jack, DA7X,
Do not speak the truth, people are not ready yet and corporate media don't want them to wake up either.
Ron Paul has been blacklisted before being simply ignored all along during the primary ...
Let's go on with Oballary McBush, and keep the American Dream and/or Lie alive !
Do not speak the truth, people are not ready yet and corporate media don't want them to wake up either.
Ron Paul has been blacklisted before being simply ignored all along during the primary ...
Let's go on with Oballary McBush, and keep the American Dream and/or Lie alive !
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Incompetent Management
An utterly useless management team have destroyed UAL. The costliest Chapter 11 filing ever...Execs filling their pockets while workers of every work group have made Tilton's "shared sacrifices"...Funny how the same old faces keep appearing---thought the ex Sr VP Onboard Service was suppose to retire in 2001, after Jane Allen was brought in. The ex Sr VP Onboard is now Sr VP HR, and still at UAL...
Under Greenwald UAL was a fantastic place to work, filled with pride and enthusiam and new ideas...a big change from the days of Wolf when I joined. The cycle of decline started with Goodwin who wasted so much money, has continued with Creighton and Tilton.
Good luck to all of you, I got out 5 years ago. Just couldn't turn into one of those Pan AM-esk F/A's who constantly banged on about how they earned more money 10 years ago.
Worst Airline Management Ever
Under Greenwald UAL was a fantastic place to work, filled with pride and enthusiam and new ideas...a big change from the days of Wolf when I joined. The cycle of decline started with Goodwin who wasted so much money, has continued with Creighton and Tilton.
Good luck to all of you, I got out 5 years ago. Just couldn't turn into one of those Pan AM-esk F/A's who constantly banged on about how they earned more money 10 years ago.
Worst Airline Management Ever
Last edited by Muizenberg; 1st Jul 2008 at 07:05.
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ts my opinion that the jump in oil price and 100% rise in commodities is hidden devaluation in the dollar by countries with currencies linked to it. Paper dollars have lost half their value and therefore only worth half the weight of oil, copper or food etc.
A switch to the Euro or a basket of currencies is probably going to happen because of the American mismanagement. How low the dollar and how high oil goes before that is anyone's guess, but it will be very, very messy.
A switch to the Euro or a basket of currencies is probably going to happen because of the American mismanagement. How low the dollar and how high oil goes before that is anyone's guess, but it will be very, very messy.
i personally, agree with everything you posted. It's going to be ugly.
Cheers mate,
pac
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Exxon alone made over 40 billion dollars profit last year. Why isn’t more of this put into exploration?
Lots of folks like to blame the big oil companies like ExxonMobil. But the reality is that 80% of the known reserves are controlled by national oil companies (e.g., Petrobras, Petroleos Mexicanos, etc.). ExxonMobil's share of the world market is in the single digits. Even if they doubled their production tomorrow, it would have a negligible effect on the world market.
The reality is that oil production is down in many countries, including Russia, Mexico, Venezuela, Iran, and Nigeria. In Nigeria, this is due to civil unrest. In the other countries mentioned, this is due to aging oil fields, mismanagement, and under-investment.
In the meantime, demand is skyrocketing in developing nations like China and India. China is now the second largest car market in the world.
With the demand up and the supply down, the price goes up.
Thread Starter
The reality is that oil production is down in many countries, including Russia, Mexico, Venezuela, Iran, and Nigeria.
Iraq is; however there is going to a be a **** storm when the Iraqi's realise that the oil ministry have used Saddam's laws, bypassing Parliament, to hand contract's to Western oil companies. Contacts that have been written by US government lawyers.
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Assoc Pr 07/01/08 - "Bush signs $162 billion wartime spending bill"
That is - $162 billion of future money that Americans can not afford and/or do not have.
Watch as this action translates to a further devalued dollar . . which in turn will translate into pricier American imports -oil, . . and an even more expensive American standard of living . . which will in turn translate to more hardships for America's airlines.
That is - $162 billion of future money that Americans can not afford and/or do not have.
Watch as this action translates to a further devalued dollar . . which in turn will translate into pricier American imports -oil, . . and an even more expensive American standard of living . . which will in turn translate to more hardships for America's airlines.
Last edited by L-38; 1st Jul 2008 at 19:51.
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Most of which are not investing in new capacity, because there simply isn't any incentive.
Iraq is;
Iraq is;
Given that world oil production is about 85 M barrels per day, I don't see that an extra 3.5M barrels per day from Iraq 5 years down the road is going to make much of a change in the world market for oil.
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where are they going?
Sorry to ask this question, but where are all those pilots of american carriers who had lost thier jobs going?
Cause these guys are pros with a lot of experience, too many flying hours.
Do they consider the posibility of getting a job out of the USA?
Ít´s just a question.
Cause these guys are pros with a lot of experience, too many flying hours.
Do they consider the posibility of getting a job out of the USA?
Ít´s just a question.
Thread Starter
Iraq is up to 2.5M barrels per day, which apparently was its pre-war production. I've seen one estimate that Iraq production could reach 6M barrels per day in several years.
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The dummies in the U.S.of A driving their high powered S.U.V.'s at 150 kph are going to feel the pain of their flawed ways.
High powered S.U.V.'s ,high powered boats, hugh R.V.'s waste valuable oil and now they are going to pay at the pump.
The airlines were also stupid in having 10 departures to the same destinations within minutes of each other. This created gridlock and huge losses.
"The times they are a changing."
High powered S.U.V.'s ,high powered boats, hugh R.V.'s waste valuable oil and now they are going to pay at the pump.
The airlines were also stupid in having 10 departures to the same destinations within minutes of each other. This created gridlock and huge losses.
"The times they are a changing."
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hi
can somebody come up with an rough estimate on the ratio of a320 qualified who are gonna be laid off?
I am 320 qualified soon to be laid off. just want to know if I will have a lot of competition form united guys
Good luck to all
can somebody come up with an rough estimate on the ratio of a320 qualified who are gonna be laid off?
I am 320 qualified soon to be laid off. just want to know if I will have a lot of competition form united guys
Good luck to all
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Good luck to all furloughed. This oil crisis is like no other - this time there will never be a return to "normality". From here on in its extreme poverty for millions in the developed world.
As to the airlines, I may hate the cynicism of Wee Willie Walsh who runs BA but his droll remark that airlines are not built for $150 dollar oil is straight to the heart of the matter. If this situation lasts or worsens, then the great majority of the worlds airlines are finished, utterly gone.
In the U.K. I guesstimate a return to levels of poverty seen at the end of WW2: grow your own food, run a wood burning stove and cycle to Bogner Regis for your holiday - it will get that bad and worse - our inner cities are already collapsing, with five knife deaths among London Kids in a day recently.
Above all, wannabes dreaming of an airline career - dont do it, unless you want to see your hopes and dreams for a life die a thousand deaths.
As to the airlines, I may hate the cynicism of Wee Willie Walsh who runs BA but his droll remark that airlines are not built for $150 dollar oil is straight to the heart of the matter. If this situation lasts or worsens, then the great majority of the worlds airlines are finished, utterly gone.
In the U.K. I guesstimate a return to levels of poverty seen at the end of WW2: grow your own food, run a wood burning stove and cycle to Bogner Regis for your holiday - it will get that bad and worse - our inner cities are already collapsing, with five knife deaths among London Kids in a day recently.
Above all, wannabes dreaming of an airline career - dont do it, unless you want to see your hopes and dreams for a life die a thousand deaths.
Thread Starter
There will be no re-financing, they will have to be taken over or closed. Thats the only options.
Sounds great, doesn't it?
However, the airline industry is not going to disappear. Those with the most fuel efficient aircraft and with some protection from the US dollar will survive. There will have to be some severe capacity reduction for the reduced levels of travel, but I doubt it would be more than 50%.
In the U.K. I guesstimate a return to levels of poverty seen at the end of WW2: grow your own food, run a wood burning stove and cycle to Bogner Regis for your holiday -
However, the airline industry is not going to disappear. Those with the most fuel efficient aircraft and with some protection from the US dollar will survive. There will have to be some severe capacity reduction for the reduced levels of travel, but I doubt it would be more than 50%.
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I just read last week that if the American were using their coal and transforming it in oil they would have oil for 250 years (as the South African are doing now)
The problem is that the governement of USA, Bush, Cheney and Rice are so connected with the oil industry they d ont want to do that
Also there is some Cie now in USA who developped a project with Algae ,and if they were really pushing with those project by using 1/10 of Nex Mexico, with those project (as an example) USA will not need to buy any oil anymore
May be true???
The problem is that the governement of USA, Bush, Cheney and Rice are so connected with the oil industry they d ont want to do that
Also there is some Cie now in USA who developped a project with Algae ,and if they were really pushing with those project by using 1/10 of Nex Mexico, with those project (as an example) USA will not need to buy any oil anymore
May be true???
Thread Starter
Of course, convert coal into an extremely polluting alternative to oil instead of using the oil we have more efficiently. Right...
If the US car fleet had the same average fuel efficiency of Japan that alone would save 5million barrels per day and bring the oil price down to $50.
If the US car fleet had the same average fuel efficiency of Japan that alone would save 5million barrels per day and bring the oil price down to $50.
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Coal gasification is not new. It was used in the 1800s and early 1900s to create gas for lighting. Fortunately for Mrs. OFBSLF, who is an environmental professional, old manufactured gas plants are serious hazardous waste sites and will keep the Mrs. busy for decades to come -- and these are sites where the gas plant was shutdown more than 80 years ago.
And coal mining itself is not exactly environmentally friendly either.
I'm not saying that we shouldn't look at coal gasification. What I am saying is that it is likely to be expensive to do it in a way that doesn't create a very large mess.
And coal mining itself is not exactly environmentally friendly either.
I'm not saying that we shouldn't look at coal gasification. What I am saying is that it is likely to be expensive to do it in a way that doesn't create a very large mess.
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You know, depending on the age, we are gone a long time. TW/PA/BN/EA, forget about it. You will find more of us at the local pool store than in the air. I don't like to reminisce because it brings tears to my eyes ( yet, it shouldn't, but I can't help it ) but our experience can never be brought back. On the other hand, we had different airplanes and we had a different working attitude. Airplanes were evolving. We felt privileged to fly, didn't feel like a right. But also the pax behaved in a different way. You know, it's just a very, very different world now.And a very, very different world doing business now,
Rickenbacher and Trippe and all the other aviation pioneers are gone. Now the bankers and the financeers run the business. It's a very different world!!!
Rickenbacher and Trippe and all the other aviation pioneers are gone. Now the bankers and the financeers run the business. It's a very different world!!!
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No Peter, the airline industry wont quite disappear, but very nearly. The UK is uniquely in trouble - a balance of payments deficit of 5% of GDP = a probable 30% decline in the pound yet to come, so that'll be at 88 Euro cents to the pound and $1.37 dollars to the pound. This will drive inflation through the sky as we are now a net oil importer and yet manufacture almost nothing to export.
Outside of the 100 square miles around London, one in two people receive some kind of state benefit. One in four UK jobs is on the state payroll. This is INSANE - we are truly doomed. I think it would be wise to have a fall-back plan to get out of the UK.
What is left of the UK airline industry will be a remnant, just that, the tatters left. In the US I dont know - perhaps two global network carriers will remain.
Oil may pull back but the trend is to the sky and beyond - pun intended. Very little airline travel will survive this. For us in the UK, we are heading back to the worst aspects of life in Britain just after the war - for many, very nearly abject poverty. Utter economic incompetence has got us there, along with a healthy dose of complacency
EU Shorthaul flights are doomed by the impending EU carbon tax, which rail will not have to pay, let alone the fact that, in the UK mass unemployemnt and social breakdown are just around the corner - leaving very few customers for most UK airlines.
UK banks trade on P/E ratios around 3.9 - this too is unprecedented. We are looking at possible economic collapse, and the Feds' near nationalisation of Fanny Mae and Fanny Mac is but a possible prelude to outright meltdown. Airlines will never be the same again and life will change for most of the middle and lower class for ever. I repeat - people will be growing their own food and cycling to Bogner whilst spending the winter shivering around the wood burning stove. It is going to be that bad. If you've got a storage heater and some spare Euros, go to France - at least they have nuclear power!
Wannabes - its tragic, but your dreams of a life in flying will be just that - dreams. Assuming you do make it, you'll see your hopes of a life dashed a thousand times as each wave of the oil shock breaks and prices head to the stars and your hopes fall to the weeds. This is the end of an era and the start of a very painful decline for the western way of life. I dont think people can face the reality of what is hitting us.
On thread (!) I am desperately sorry for those furloughed and hope they can rebuild their careers and lives. Wannabes taken note - despite everything you do to build a successful career and stability for your family, this economic tsunami makes a career in flying little short of insanity.
Outside of the 100 square miles around London, one in two people receive some kind of state benefit. One in four UK jobs is on the state payroll. This is INSANE - we are truly doomed. I think it would be wise to have a fall-back plan to get out of the UK.
What is left of the UK airline industry will be a remnant, just that, the tatters left. In the US I dont know - perhaps two global network carriers will remain.
Oil may pull back but the trend is to the sky and beyond - pun intended. Very little airline travel will survive this. For us in the UK, we are heading back to the worst aspects of life in Britain just after the war - for many, very nearly abject poverty. Utter economic incompetence has got us there, along with a healthy dose of complacency
EU Shorthaul flights are doomed by the impending EU carbon tax, which rail will not have to pay, let alone the fact that, in the UK mass unemployemnt and social breakdown are just around the corner - leaving very few customers for most UK airlines.
UK banks trade on P/E ratios around 3.9 - this too is unprecedented. We are looking at possible economic collapse, and the Feds' near nationalisation of Fanny Mae and Fanny Mac is but a possible prelude to outright meltdown. Airlines will never be the same again and life will change for most of the middle and lower class for ever. I repeat - people will be growing their own food and cycling to Bogner whilst spending the winter shivering around the wood burning stove. It is going to be that bad. If you've got a storage heater and some spare Euros, go to France - at least they have nuclear power!
Wannabes - its tragic, but your dreams of a life in flying will be just that - dreams. Assuming you do make it, you'll see your hopes of a life dashed a thousand times as each wave of the oil shock breaks and prices head to the stars and your hopes fall to the weeds. This is the end of an era and the start of a very painful decline for the western way of life. I dont think people can face the reality of what is hitting us.
On thread (!) I am desperately sorry for those furloughed and hope they can rebuild their careers and lives. Wannabes taken note - despite everything you do to build a successful career and stability for your family, this economic tsunami makes a career in flying little short of insanity.
Thread Starter
No Peter, the airline industry wont quite disappear, but very nearly. The UK is uniquely in trouble - a balance of payments deficit of 5% of GDP = a probable 30% decline in the pound yet to come, so that'll be at 88 Euro cents to the pound and $1.37 dollars to the pound. This will drive inflation through the sky as we are now a net oil importer and yet manufacture almost nothing to export.
EU Shorthaul flights are doomed by the impending EU carbon tax, which rail will not have to pay, let alone the fact that, in the UK mass unemployemnt and social breakdown are just around the corner - leaving very few customers for most UK airlines.
We had a much worse situation in the 1970 and nothing like what you describe was evident. Airlines will get more efficient aircraft, recalculate their business models and will continue. If they don't, train travel provides a excellent alternative as air travel as never been a necessary.
If you've got a storage heater and some spare Euros, go to France - at least they have nuclear power!