Job Security Thoughts?
Joined: Feb 2019
Posts: 133
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From: london
However, personally, I don think the airline will be sold. Don’t think any airline will take it on, nor any ballsy investment groups, and TCG will definitely not “strip it for parts” as like someone said earlier that will be like Wallpapering the living room while the kitchen is burning down. I think TCX will live on for a while, unless there’s some shock Virgin or JetBlue or IAG takeover which would likely only happen when pigs start flying south for the winter.
Joined: Feb 2013
Posts: 17
Likes: 1
From: 60 north
763 jock
Sooooo, 12 resigning every day, You say.
28 aircraft ,lets say 300+ pilots
10 days 120 leave
20 days 240 leave
30 days 360 gone
Lets say 3 months notice. So, that is end June!
I tell You what : BS!
Cpt B
PS
Dozens as in plural, so potentially 24 or 36 every day, wow!
DS
Sooooo, 12 resigning every day, You say.
28 aircraft ,lets say 300+ pilots
10 days 120 leave
20 days 240 leave
30 days 360 gone
Lets say 3 months notice. So, that is end June!
I tell You what : BS!
Cpt B
PS
Dozens as in plural, so potentially 24 or 36 every day, wow!
DS
Last edited by BluSdUp; 3rd March 2019 at 12:38. Reason: PS added
Joined: Oct 2017
Posts: 298
Likes: 9
From: London
Joined: Mar 2018
Posts: 78
Likes: 48
From: Home
Don’t I know it... Just trying to make light of a pretty horrible situation. It was actually a genuine question. Aside from the obvious TCX worries re: sale, which one do we think is likely to last longest?
TCX have a lot of debt, Jet2 have had a rapid expansion. Are either sustainable?
TCX have a lot of debt, Jet2 have had a rapid expansion. Are either sustainable?
Joined: Sep 2016
Posts: 25
Likes: 0
From: Home
What are people’s thoughts on Virgin Atlantic, and their ability to ride out any possible upcoming economic issues?
Are they now more financially secure and stable with Delta owning 49%?
Are they now more financially secure and stable with Delta owning 49%?
Last edited by GA F15; 3rd March 2019 at 17:11.
Joined: Jan 1999
Posts: 6,209
Likes: 2
From: north of barlu
I don’t know why people think Jet 2 are poking a hornets nest at STN, There is little business conflict Ryanair are a Loco and Jet 2 a package tour company.
I would also not bet money aganst the Jet 2 boss Philip Meason, he was doing deals long before MoL left school and has built the very substantial Dart Group that has a wide range of interests .
I would also not bet money aganst the Jet 2 boss Philip Meason, he was doing deals long before MoL left school and has built the very substantial Dart Group that has a wide range of interests .
Joined: Sep 2018
Posts: 125
Likes: 0
From: London
Delta (Biggest and most profitable airline in the world ) is the biggest shareholder of Virgin . Also KLM/Airfrance are also in the mix . So Virgin is in a very stable position . Haters will hate but Virgin is a fantastic place to work , makes BA look like an absolute shambles ! (Which is sad as I have had many fond memories at BA )
Joined: Jun 2004
Posts: 97
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From: uk
More interestingly, we seem to have a number of economic genius posting on this thread... What is this huge contraction in the industry we will see in the next 18 months? Or this nailed on recession?? Apart from the fall out of Brexit? Which, if doesn’t end with a cliff edge Brexit, where will it leave our UK industry?? Contraction, or major exapnasion plans? Truth is none of us know! Pundits have been predicting the next credit crisis for over four years now, I’m not criticising as I am genuinely interested how we know this ticking time bomb is about to explode ( excluding Brexit).
Could it not be the industry is already going through a natural correction? Monarch, Norwegian, Primera, Wow, Air Berlin & Flybmi.. question is, I guess, will other Airlines expand rapidly to fill perceived voids???
At BA the head honcho’s are curbing expansion thoughts until a big event on March the 29th. With that said they are projecting increasing profits over the next two years, circa €2.1 billion..... Maybe their analysts need to look at this thread!
Could it not be the industry is already going through a natural correction? Monarch, Norwegian, Primera, Wow, Air Berlin & Flybmi.. question is, I guess, will other Airlines expand rapidly to fill perceived voids???
At BA the head honcho’s are curbing expansion thoughts until a big event on March the 29th. With that said they are projecting increasing profits over the next two years, circa €2.1 billion..... Maybe their analysts need to look at this thread!
Joined: Sep 2018
Posts: 359
Likes: 221
From: Yorkshire
deltahotel‘s Post is the most valid one on this Thread, yet everyone seems to be ignoring it.
Often called “the industry’s best kept secret”, it seems to be easy to see why it remains a ‘secret’ when people like deltahotel state it so clearly and yet everyone ignores it. Freight is growing well (airfreight services contribute £7.2 billion to the UK economy and support 151,000 jobs) and that has to be the answer to thoughts on Job Security.
Often called “the industry’s best kept secret”, it seems to be easy to see why it remains a ‘secret’ when people like deltahotel state it so clearly and yet everyone ignores it. Freight is growing well (airfreight services contribute £7.2 billion to the UK economy and support 151,000 jobs) and that has to be the answer to thoughts on Job Security.
Joined: Apr 2010
Posts: 1,320
Likes: 102
From: IRS NAV ONLY
Often called “the industry’s best kept secret”, it seems to be easy to see why it remains a ‘secret’ when people like deltahotel state it so clearly and yet everyone ignores it. Freight is growing well (airfreight services contribute £7.2 billion to the UK economy and support 151,000 jobs) and that has to be the answer to thoughts on Job Security.
Joined: Dec 1999
Posts: 1,174
Likes: 123
From: uk
Well, it’s a thread about security rather than ts cs and lifestyle and when you’ve just been made redundant maybe that’s important. Just trying to add to the sum of knowledge to aid those recently cast adrift ( or anyone else who may fancy a change).
Other stuff is (partially) correct and I appreciate it’s not everyone’s cup of tea. After 16 years of this I still don’t think i’ve been as bone tired knackered as after 3 consecutive night turkeys/Cyprus/canaries with driving home between. I never could prepare properly for 0500 reports. I didn’t like the seasonal skewing and working hard throughout the summer.
The fleet? The LH ac were brand new 10 years ago. The current crop of fleet replacement 757s are about 15 years old - what’s the average age of the tck fleet?
Hope this helps
dh
Other stuff is (partially) correct and I appreciate it’s not everyone’s cup of tea. After 16 years of this I still don’t think i’ve been as bone tired knackered as after 3 consecutive night turkeys/Cyprus/canaries with driving home between. I never could prepare properly for 0500 reports. I didn’t like the seasonal skewing and working hard throughout the summer.
The fleet? The LH ac were brand new 10 years ago. The current crop of fleet replacement 757s are about 15 years old - what’s the average age of the tck fleet?
Hope this helps
dh
