BPIAA Rumor or Truth
Join Date: Aug 2008
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Staying in Panam
Let it be known to those that say"get out while you can."
Some of us are staying for personal reasons. Some marking time. Some of us will still try for a Chinese Airline. Some of us.......................do have the 16 grand US for that type rating. Remember, "it's not over till the fat lady sings." The wise money is on not relying on Panam to help. Especially "Mr Pegwu."
Some of us are staying for personal reasons. Some marking time. Some of us will still try for a Chinese Airline. Some of us.......................do have the 16 grand US for that type rating. Remember, "it's not over till the fat lady sings." The wise money is on not relying on Panam to help. Especially "Mr Pegwu."
Join Date: Apr 2008
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Whatever!!
Alpha Dog,
That recruitment advert is fake! Read the email from Gery! He should know, since he's HR's "boy toy!"
Albatross,
"Personal reasons?" I'd hate to imagine what those might be. Please, just stay there!
MB
That recruitment advert is fake! Read the email from Gery! He should know, since he's HR's "boy toy!"
Albatross,
"Personal reasons?" I'd hate to imagine what those might be. Please, just stay there!
MB
Join Date: Aug 2008
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Personal reasons
My personal reasons are outside of the "Panam bubble."
Nothing corrupt going on in my back yard. Far from it. Panam can be a vehicle for staying in China in the interim. (Not the most ideal of course. But a vehicle just the same)
Nothing corrupt going on in my back yard. Far from it. Panam can be a vehicle for staying in China in the interim. (Not the most ideal of course. But a vehicle just the same)
Join Date: Dec 2007
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MB
This does not makes any sense at all. Why would someone post a fake recruitment ad on Sept 1st and then update it on Sept 10th !? What is the point ?..
By the way, lets say that some idiot has registered with "avianation.com" under panam name and to some pointless reason posted this ad. But the info is coming straight from:
click here: http://www.panamaviation.com/en/Enrollment/index.asp
it's the same ad and same conditions. Was panam simply too lazy to remove that ad from their own website all this time or is this a new posting ? You cant say this was not authorized either. Something is going on...
By the way, lets say that some idiot has registered with "avianation.com" under panam name and to some pointless reason posted this ad. But the info is coming straight from:
click here: http://www.panamaviation.com/en/Enrollment/index.asp
it's the same ad and same conditions. Was panam simply too lazy to remove that ad from their own website all this time or is this a new posting ? You cant say this was not authorized either. Something is going on...
Join Date: Apr 2008
Location: All Over
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I remember
I remember seeing this AD just before coming to China. Now its still there but updated......if it was a new AD it would be duplicated because there would have to be an owner to it.
Its the same AD, its not duplicated, PanAm first AD was not removed, and i am convinced that this is an Updated version direct form PanAm's HR.
Its the same AD, its not duplicated, PanAm first AD was not removed, and i am convinced that this is an Updated version direct form PanAm's HR.
Join Date: Dec 2007
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AIG lost 60% of it's value today, Lehman went bankrupt and Merryl Lynch is sold to BofA. I dont even know why they are calling us back.. Any news on Air China transaction ?..
Join Date: Oct 2007
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AIG lost 60% of it's value today, Lehman went bankrupt and Merryl Lynch is sold to BofA. I dont even know why they are calling us back.. Any news on Air China transaction ?..
updated 9:30 p.m. ET Sept. 16, 2008 NEW YORK - In a bid to save financial markets and economy from further turmoil, the U.S. government agreed Tuesday to provide an $85 billion emergency loan to rescue the huge insurer AIG. The Federal Reserve said in a statement it determined that a disorderly failure of AIG could hurt the already delicate financial markets and the economy.
The Fed will never let AIG down. AIG will recover eventually, because there is simply no other choices. AIG is one of the first insurer in the world. The economy cannot do without it.
An AIG bankrupt is close to impossible.
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AIG and Panam
This is a very profound analogy of the situation. However, I feel you should consider interpreting "disorderly failure." In other words the US government doesn't want AIG to "crash." As expected there will be strings attached to a lone of this magnitude. Items in AIG's portfolio that are poor performers and not likely to improve in the very near future may be up for "consideration." In Panam's case this could mean AIG having to cut it's losses and sell the Panam assets to recoup whatever it can, or, endeavoring to sell the business as a going concern.
Join Date: Oct 2007
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Albatross01,
I only meant on my previous post that AIG will survive. That' s a fact. The NYSE concerning AIG rose at 5 $ today, against 2 $ few days ago. Thats still very low if you compare with the AIG NYSE begining of 2008, but still thats a 150% increase in few days.
Now it wasn' t meant to be an analogy (profound or not) with any company.
It was just a remark on AIG, I ve just emphasized that the FED and the bush administration won' t let AIG down. They won' t do the same mistake they did in 1929, but at that time the federal governement were only in charge of 10% of the US GDP, and now they deal with 40%, it makes a huge difference, and gives the governement and the FED the ability to react.
The funny thing is that the bush administration is an adam smith theory follower, which says not to interfere with the economy... Now Bush seems to apply the Keynes theories, wich is more a social and european model.
Cheers, King Air Guy.
I only meant on my previous post that AIG will survive. That' s a fact. The NYSE concerning AIG rose at 5 $ today, against 2 $ few days ago. Thats still very low if you compare with the AIG NYSE begining of 2008, but still thats a 150% increase in few days.
Now it wasn' t meant to be an analogy (profound or not) with any company.
It was just a remark on AIG, I ve just emphasized that the FED and the bush administration won' t let AIG down. They won' t do the same mistake they did in 1929, but at that time the federal governement were only in charge of 10% of the US GDP, and now they deal with 40%, it makes a huge difference, and gives the governement and the FED the ability to react.
The funny thing is that the bush administration is an adam smith theory follower, which says not to interfere with the economy... Now Bush seems to apply the Keynes theories, wich is more a social and european model.
Cheers, King Air Guy.
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Bpaifta
Is that place still open? I heard they were closed for the olympics. I heard they were eventually going to replace all the foreign instructors with Chinese ones. Do they even hire foreigners there anymore. I miss that place sometimes. god they are F'd up.
Join Date: Dec 2007
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Future BPIAA Shareholders
Congratulations fellow ex colleagues, you are now shareholders of BPIAA? No pay today but you are now shareholders? Where are your stock certificates?
Last edited by espiritdecorp; 25th Sep 2008 at 20:06.
Join Date: May 2008
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Nothing
We don't have stock certificates.
We got nothing but insultation from the company.
They haven't paid our September salary.
They said we should get our salary on 29th September. But they call us for a meeting on 28th without any transportation arrangement..
Why don't they just hold a meeting on 29th??? 
We got nothing but insultation from the company.
They haven't paid our September salary.
They said we should get our salary on 29th September. But they call us for a meeting on 28th without any transportation arrangement..
Why don't they just hold a meeting on 29th???
Join Date: Apr 2008
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Always an excuse
Freddie Kruger,
You are so right!! Read it and weep!! Still waiting on that $700 Billion U.S. bailout for AIG's bad investment.
Dear All
This is to inform you that because of the Chinese National Holiday, the money can't be transferred on time on the 29th.
The Company will pay everyone on Oct 6th, after the National holiday, when the money has been transferred.
Regards
HR Department
Beijing PanAm International Academy
You are so right!! Read it and weep!! Still waiting on that $700 Billion U.S. bailout for AIG's bad investment.
Dear All
This is to inform you that because of the Chinese National Holiday, the money can't be transferred on time on the 29th.
The Company will pay everyone on Oct 6th, after the National holiday, when the money has been transferred.
Regards
HR Department
Beijing PanAm International Academy
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BRAVO
When is the three conmen going to leave? Did they make you people go to watch more powerpoints presentation at your own expense? What was their reply when you people asked about the transportation and salary? They almost choked on their words yah? Sorry people, the money from the sales of the King Air is necessary and is long finished, go figure them out. 
100K for the EDUCATOR, 100K for the new VP, yes! you heard me correctly, new VP again and the other 120K for Braindead, no wonder there is nothing left to go around to pay your salary this month. 
You can kiss your housing allowance goodbye because they need another extra 100K for entertainment, remember? Good management, the three of you are doing an excellent job, for yourself of course!
What was their reply when you people asked about the transportation and salary? They almost choked on their words yah? Sorry people, the money from the sales of the King Air is necessary and is long finished, go figure them out. 100K for the EDUCATOR, 100K for the new VP, yes! you heard me correctly, new VP again and the other 120K for Braindead, no wonder there is nothing left to go around to pay your salary this month. You can kiss your housing allowance goodbye because they need another extra 100K for entertainment, remember? Good management, the three of you are doing an excellent job, for yourself of course!
Last edited by MosesFrenchieRose; 30th Sep 2008 at 04:46.
Join Date: Dec 2007
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Do you really want this?
What is the odds of you getting paid on the 6th? 
I hope I am wrong! 100 000 to 1! Any taker?
Heard there are going to be some runners this month? Welldone!
I hope I am wrong! 100 000 to 1! Any taker?Heard there are going to be some runners this month? Welldone!
Last edited by espiritdecorp; 30th Sep 2008 at 05:04.
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??
been following this blog for a while.was thinking of coming to work in chine. are you serious?no insurance? can somebody give me some advise? how is this company?i heard things are pretty rough and chaotic in china and it is hard getting flight hours, is this true?any help will be appreciated.i m already shortlisted for panam.