Greatest opportunity for pilots amid crisis?
I hope the OP was trying to p*ss us off !
There could not be a worst time in recent history to try and "uprise and get what we are worth"
Yes, historically pilots, cabin crew and engineers have been underpaid in comparison to many other industries such as IT etc.
About 20 years ago I remember seeing a job offer for a McDonalds branch manager that paid more than I was earning as an engineer at the time.
Anyway, back to the subject !
The financial impact of this is going to be felt for a long time, even assuming a best case scenario where most carriers survive there's not going to be the same passenger traffic as before, think of how many people have or will lose their jobs, they're not going to have the financial security to spend money on luxuries such as a weekend break in the sun.
In addition to this, further down the line someone is going to have to pay the governments for the cost of all of this, so more than likely we'll be seeing an increase in taxes in a year or two.
Nows the time to try and support each other and accept what we're given, those of us that still have a job at the end of this should be thankful that we can still go to work and get paid do something that we enjoy. After all, if you're in this game solely for the money you're in the wrong job.
There could not be a worst time in recent history to try and "uprise and get what we are worth"
Yes, historically pilots, cabin crew and engineers have been underpaid in comparison to many other industries such as IT etc.
About 20 years ago I remember seeing a job offer for a McDonalds branch manager that paid more than I was earning as an engineer at the time.
Anyway, back to the subject !
The financial impact of this is going to be felt for a long time, even assuming a best case scenario where most carriers survive there's not going to be the same passenger traffic as before, think of how many people have or will lose their jobs, they're not going to have the financial security to spend money on luxuries such as a weekend break in the sun.
In addition to this, further down the line someone is going to have to pay the governments for the cost of all of this, so more than likely we'll be seeing an increase in taxes in a year or two.
Nows the time to try and support each other and accept what we're given, those of us that still have a job at the end of this should be thankful that we can still go to work and get paid do something that we enjoy. After all, if you're in this game solely for the money you're in the wrong job.
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I might well be opening a can of worms here, but this crisis could be the perfect opportunity for us pilots to uprise and get what we are worth. At the moment we are seen as just an asset, a cost that has to be paid to keep the planes in the air. As soon as the **** hits the fan, as we have seen with Covid19, the first to go are the staff. But if/when (and I very much hope when) everything returns to somewhat normal they will need us back in the cockpit quicksmart. If we can at least resist, argue what we are worth, how much we mean to airlines. This could be the best opportunity for pilots to get back what they deserve. Without us the planes will remain grounded. I'm not greedy. I have debts from flying school. Of which the unemployment benefit I will receive will only just cover the loan repayments. I've worked two jobs to cover it all until I became a FO and when I finally did,t wage I got was only slightly better than driving my delivery van around. I love my job, wouldn't change. But come on. We deserve better. Discuss-
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I fully agree. But from posts on several Threads, it appears that he is not the only one with that problem.
The greatest opportunity for pilots would be constructively working together on how to build the industry up again and recognising that without the industry you have absolutely no 'worth'.
The greatest opportunity for pilots would be constructively working together on how to build the industry up again and recognising that without the industry you have absolutely no 'worth'.
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Self education allowing diversification of income streams is the greatest opportunity during this enforced break. Industrial action during the recovery will be a disastrous career move however some will try, as always.
Edited for typo
Edited for typo
Malkovitch, you’ve clearly never been involved in this industry when there is a crisis. The company will drop you without a second thought. Thousands will be looking for work and the pay will only be going one way....down.
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seriously? It’s not temporary. It’s market driven. Pilots will be begging to keep current to fly anything. The world depression will last for the better part of a decade. Your flying career and mine as we know it are over.
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One solution to tackle corporate greed and runaway executive pay/bonuses is a co-operative style of operation where the company is run for the benefit of employees and customers, not greedy shareholders and executives who care about neither. If you want to launch one, we'll all be right behind you. Sadly, co-ops suffer from a chronic lack of finance and funding because the banks always want a healthy stake before they hand over the cash.
venezualan airlines ?
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Less of the catastrophic doom and gloom please, yes we are all personally going to take a financial hammering over the coming months but once this phase passes a new norm will emerge and it will involve plenty of flying once again. Hang in there, the recovery will be swift once it begins.
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Build it and they will come.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
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Build it and they will come.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
Probably a similar recovery time to 9/11.
IMHO, many LCCs will go bust. Lots of pilots lost jobs, some unable to finance their own license currency and drop out of the market. Things will pick up gradually and probably back to the ‘normal’ after 18 months. Meanwhile, for those who are lucky enough to get back into flying have to take a 15% lower wage. Hang on to your trousers.
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that so sickeningly pessimistic, how do you get up in the morning? geez, lighten up. there won't be a depression, but a recession. recovery will happen this year.
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Less of the catastrophic doom and gloom please, yes we are all personally going to take a financial hammering over the coming months but once this phase passes a new norm will emerge and it will involve plenty of flying once again. Hang in there, the recovery will be swift once it begins.
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Also remember after 9/11 no-one wanted to fly, there was pressure on flying from global warming, Skype was becoming popular so no-one would need to travel again, businesses wanted to save money so logically capacity should have reduced and yet it just got busier than ever before.
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Don't forget, projections from industry experts and manufacturers was for aviation to expand at least 50% over the coming decade. Thousands of aicraft on order to meet that supposed demand. OK, fine, screw the 50% expansion but to say aviation is not going to reach 2019 levels is absurd. It's a guess when though. Mine is personally on the 3-5 year mark.
Build it and they will come.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
People want to travel, or need to travel.
Once a vaccine is found the AI will kick in and the world stock markets will rocket.
Airlines that have survived will fill the gaps made by those that did not.
3 years passes and normal service resumes.
Indirect casualty may well be T&C's for Pilots.
Remember that central banks have injected hundreds of billions into the system to maintain liquidity and avert a total collapse of society. When normality resumes inflation will certainly rise because of this, so interest rates will have to rise, and taxes too in order to service the debt, but even so it will take a very long time for the central banks to take it back via bond interest/redemption and higher base rates. Business will be allowed to thrive because people need jobs to pay the taxes, the stock market (but less so the bond market) will bounce back and all will be good again. The big issue is which businesses can get through this extremely lean period and not all of them will. My advice; Sit tight, don't worry and ride out the storm in terms of both health and finance (your health is your wealth after all!)
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I agree with all of this. There will be a slingshot effect. Ask people what they want to do more of if they have the opportunity and the answer is always travel. I don't know why, but they do, I suppose that is from the perspective of being a pilot aka "professional traveller".
Remember that central banks have injected hundreds of billions into the system to maintain liquidity and avert a total collapse of society. When normality resumes inflation will certainly rise because of this, so interest rates will have to rise, and taxes too in order to service the debt, but even so it will take a very long time for the central banks to take it back via bond interest/redemption and higher base rates. Business will be allowed to thrive because people need jobs to pay the taxes, the stock market (but less so the bond market) will bounce back and all will be good again. The big issue is which businesses can get through this extremely lean period and not all of them will. My advice; Sit tight, don't worry and ride out the storm in terms of both health and finance (your health is your wealth after all!)
Remember that central banks have injected hundreds of billions into the system to maintain liquidity and avert a total collapse of society. When normality resumes inflation will certainly rise because of this, so interest rates will have to rise, and taxes too in order to service the debt, but even so it will take a very long time for the central banks to take it back via bond interest/redemption and higher base rates. Business will be allowed to thrive because people need jobs to pay the taxes, the stock market (but less so the bond market) will bounce back and all will be good again. The big issue is which businesses can get through this extremely lean period and not all of them will. My advice; Sit tight, don't worry and ride out the storm in terms of both health and finance (your health is your wealth after all!)
Personally I think it will take a long time before the average person to have anything close to a safety net to be able to travel freely.
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Things will recover.
Q: Will this be a V or a U or a L shaped recovery?
Q: How soon?
Depends on CV19 resolution
Could be rapid if easy testing is available
Fuel costs are low and some aircraft will be available for lower prices.
Great for start ups
People will want to go away abroad when it picks up - pent up demand
No one knows what will happen. There are very uncertain times but there are some awesome scientists onto this - they will resolve this. ...
Have faith in them!!
Just trying to inject some optimism
Q: Will this be a V or a U or a L shaped recovery?
Q: How soon?
Depends on CV19 resolution
Could be rapid if easy testing is available
Fuel costs are low and some aircraft will be available for lower prices.
Great for start ups
People will want to go away abroad when it picks up - pent up demand
No one knows what will happen. There are very uncertain times but there are some awesome scientists onto this - they will resolve this. ...
Have faith in them!!
Just trying to inject some optimism