What is with all the doom and gloom

Inverted25

Inverted25

Well-Known Member
Not too long ago I was reading post about how there won't be enough airline pilots with this new rule and how everyone would be hiring. Now it seems like all I hear is about how furloughs are coming. What happened?
 
Inverted25 said:
Not too long ago I was reading post about how there won't be enough airline pilots with this new rule and how everyone would be hiring. Now it seems like all I hear is about how furloughs are coming. What happened?
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We're still hiring at full steam.

The reason Eagle is furloughing is because of the AMR bankruptcy.

9E is losing aircraft, but probably won't furlough.

Skywest is hiring.

Republic has gotten so desperate for pilots that they're arbitrarily raising FO pay rates in order to attract more candidates.

Cape Air is hiring.

Spirit is hiring.

Airways is hiring.

CAL is bringing back 200 UAL furloughees and the rumor is hiring off the street by the end of the year.

Things aren't as doomish or gloomish if you're not at The Beagle or Pinnacle right now.
 
jtrain's list doesn't include the 135 freight that's hiring. Flight Express and Ameriflight are both hiring. I'm sure there are others.
 
Krieger said:
Who told you there was a pilot shortage? A flight school?
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no I'm way past the learning to fly stage. Simply based off what's been said in here. A lot of people seemed optimistic going into this year and lately the vibe seemed to change. Thanks jtrain for that break down I appreciate it
 
Inverted25 said:
no I'm way past the learning to fly stage. Simply based off what's been said in here. A lot of people seemed optimistic going into this year and lately the vibe seemed to change. Thanks jtrain for that break down I appreciate it
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I agree with what you are saying. I was feeling the same vibe. I think some of the military contractors were/are furloughing as well...Omni, World (someone please correct me where wrong or missing). But I do appreciate what jtrain is saying too, and of course the mention of oft forgotten 135 jobs.
 
block30 said:
I agree with what you are saying. I was feeling the same vibe. I think some of the military contractors were/are furloughing as well...Omni, World (someone please correct me where wrong or missing). But I do appreciate what jtrain is saying too, and of course the mention of oft forgotten 135 jobs.
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I just talked to someone that left World voluntarily (not furloughed), he said that the whole "loss of Iraq contracts thing" is a bit of a rouse being used by management so that they "have" to furlough. He said the company is actually diversified and in a position to go head to head with FedEx, UPS, and others on the cargo side... He said the whole thing is mostly a ploy by management to union bust.
 
Nick said:
Oil prices are approaching where they were in 2008.
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Oil was over 140 a barrel in 2008. We haven't edged close to that yet. Plus there is a difference now. In 2008 we saw the economy collapse. The economy while not in great shape is growing ever so slightly right now. Plus I would imagine most operators have adjusted their operations to deal with the higher oil prices considering the fact they are hear to stay. As long as the economy grows I believe the airlines can deal with the higher oil prices. Especially if the retirements start to happen like people say they are. The biggest risk is oil prices dragging the economy into another tailspin which I'm hoping won't happen
 
Inverted25 said:
Oil was over 140 a barrel in 2008. We haven't edged close to that yet. Plus there is a difference now. In 2008 we saw the economy collapse. The economy while not in great shape is growing ever so slightly right now. Plus I would imagine most operators have adjusted their operations to deal with the higher oil prices considering the fact they are hear to stay. As long as the economy grows I believe the airlines can deal with the higher oil prices. Especially if the retirements start to happen like people say they are. The biggest risk is oil prices dragging the economy into another tailspin which I'm hoping won't happen
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While that is true, and oil hit $147 a barrel in July 2008, I think that the increasing cost of oil answers the question posed by you at the start of this thread.

No major airlines are talking about furloughing. The high CASM jets are the ones that will be cut back most. i.e. vendors.
 
Nick said:
While that is true, and oil hit $147 a barrel in July 2008, I think that the increasing cost of oil answers the question posed by you at the start of this thread.

No major airlines are talking about furloughing. The high CASM jets are the ones that will be cut back most. i.e. vendors.
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Either they'll start charging what it costs to go from DSM to Hub City International, or they'll start going between DSM and Hub City International less often. Much more inevitable than a Romney candidacy.
 
If you think the funny money economy is going to magically fix itself, you're going to be wildly disappointed. The fundamental, structural problems haven't been fixed. If anything, they've been exacerbated. Even without a war in the middle east (which is almost inevitable now that we hear the media drums starting to beat), there will be a crash in the next two years that'll make 2008 look like a baby's adorable little burp. This "things got worse so now they'll get better" idiocy has got to end. Simpletons have been saying that for the last 50 years while we've been systematically, economically enslaved. Time to wake up, fools.
 
block30 said:
I agree with what you are saying. I was feeling the same vibe. I think some of the military contractors were/are furloughing as well...Omni, World (someone please correct me where wrong or missing). But I do appreciate what jtrain is saying too, and of course the mention of oft forgotten 135 jobs.
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Omni is currently not furloughing, except for PFEs who didn't hold pilot certificates (all of our DC-10s are now parked). It could happen with the slowdown in AMC work, but troops are still moving all over the world even outside the warzones.
 
Boris Badenov said:
If you think the funny money economy is going to magically fix itself, you're going to be wildly disappointed. The fundamental, structural problems haven't been fixed. If anything, they've been exacerbated. Even without a war in the middle east (which is almost inevitable now that we hear the media drums starting to beat), there will be a crash in the next two years that'll make 2008 look like a baby's adorable little burp. This "things got worse so now they'll get better" idiocy has got to end. Simpletons have been saying that for the last 50 years while we've been systematically, economically enslaved. Time to wake up, fools.
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I agree but disagree at the same time. I don't think you are going to see anything like 2008 again. I think it will continue to be what your seeing now with default looming for struggling countries like Greece.
 
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