JetBlue
- Thread starter bc2209
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PhilosopherPilot
Well-Known Member
Right now there isn't a shortage. What about in 5 years? Who knows what the situation will be in this industry by then or beyond? The thing about being proactive is you have to start taking action before it appears necessary.
trafficinsight
Well-Known Member
uncreative
Well-Known Member
For a young person with $0 currently invested in flight training, I would guess that $125K to go to a right seat at Jet Blue could be a pretty good deal. Maybe someone with access to the numbers can do the actual math, but when you calculate lifetime earnings of going this route vs paying for ratings (likely borrowing money to do so), a few years of poverty level wages as a CFI, regional FO, then job fairs and interview prep, etc, I would bet the gateway program comes out way ahead.
PhilosopherPilot
Well-Known Member
Yeah, I'm positive that's the case.
Seggy
Well-Known Member
With the details so limited, I don't think it can be considered a good program as well.
Time will tell to see how this plays out.
If that is how you feel I respect that and can't argue that.
Karnage
I-am-a-pirate. I do not need credentials!
After the beta class, probably only one or two classes will be taught by the current MPL program instructors at CAE. Once instructors are graduated from the program they will be the sole source of instructors. It was actually a tempting thought to hang around after getting to 1500 hours to stay and teach in the program until I heard that it will all be in the DA 40, which I loath more and more with each passing day. All of the multi training will be done at jetBlue in the Embraer 190 simulator from what we have been told so not even using the DA 42 or Seminole for multi commercial.
exneophyte
Well-Known Member
By the time you factor in the cost of nice cake, absolutely!
OneNineHundy
Well-Known Member
Are the recruits bonded to jetBlue after completion of training?
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Sent from my SM-N920I using Tapatalk
JetCrew
Well-Known Member
As a current B6 crewmember, I have a few concerns about this program. This appears to hurt those the are currently a part of the gate way program. Maybe a B6'er in the know can shed some light on this. After being with the company for 5 years, I have also learned to not be a guinea pig and be part of a new program offered at B6. Program heads learn as they go and initial guidelines are constantly being changed and implemented. It is very tempting to apply but the cost is just too high.
ZapBrannigan
If it ain’t a Boeing, I’m not going. No choice.
The lack of a degree requirement bothers me as well. A degree proves several things. First, that you can undertake a complicated multi-year project and see it through to fruition. If you're a rich kid being funded by Dad, I believe this is important. Perhaps for the first time you will have to earn something through hard work and perseverance. Secondly, college proves you have the ability to learn and be taught beyond the basics that are barely provided by public education.
If you're going to invest years in fostering the growth of a pilot, you want the best odds that they will be successful.
If you're going to invest years in fostering the growth of a pilot, you want the best odds that they will be successful.
cezzna
Well-Known Member
My 2 cents....
Massive student loan debt is the new normal for young professionals. It isn't right, a good idea, but it IS. It will be the way going forward.
The best way to mitigate this and reclaim margin in your life is to rethink home ownership as a long term life strategy. My generation (X) was lectured on the advantages of home ownership. I can tell you from experience, they don't really exist now, and may never exist in the succeeding generations.
Since 1998, I've owned three homes. First home owned from 1998-2003, I made 40k, which adjusted for inflation was more like 15k.
Second home 2003-2009, bought and sold for 200k. Assuming 3% inflation to break even, it should have sold for 236k. So, it was a 50k+ loss by the time add in realty expenses.
Third home 2009-present, purchased for 250k, much money in improvements, probably worth 250-260k. Adjusted for inflation it should be worth 310k.
The FED clearly is never going to allow interest rates to go up, thus home ownership is really not a good idea anymore, financially speaking. So to win, you have to be savvy, picking the right markets that go up, a risky proposition at best, just like the stock market. I would have been much better off over the last 15 years renting.
My point--most people are going to bet on their future, going into debt for educational purposes. Don't bet on home ownership as a good financial strategy. If interest rates ever are allowed to increase, it may change, but I don't think it's likely to happen in the next 0-20 years.
Massive student loan debt is the new normal for young professionals. It isn't right, a good idea, but it IS. It will be the way going forward.
The best way to mitigate this and reclaim margin in your life is to rethink home ownership as a long term life strategy. My generation (X) was lectured on the advantages of home ownership. I can tell you from experience, they don't really exist now, and may never exist in the succeeding generations.
Since 1998, I've owned three homes. First home owned from 1998-2003, I made 40k, which adjusted for inflation was more like 15k.
Second home 2003-2009, bought and sold for 200k. Assuming 3% inflation to break even, it should have sold for 236k. So, it was a 50k+ loss by the time add in realty expenses.
Third home 2009-present, purchased for 250k, much money in improvements, probably worth 250-260k. Adjusted for inflation it should be worth 310k.
The FED clearly is never going to allow interest rates to go up, thus home ownership is really not a good idea anymore, financially speaking. So to win, you have to be savvy, picking the right markets that go up, a risky proposition at best, just like the stock market. I would have been much better off over the last 15 years renting.
My point--most people are going to bet on their future, going into debt for educational purposes. Don't bet on home ownership as a good financial strategy. If interest rates ever are allowed to increase, it may change, but I don't think it's likely to happen in the next 0-20 years.
Hacker15e
Who am I? Where are my pants?
The rest of your post discusses the "advantages of home ownership" as a short-term investment. I'm an X'er, too, and what my depression-era birthed parents taught me about home ownership is to buy one and live in it, which is a substantially different "lecture" than what you're talking about.
Our parents' generation bought houses with the idea that they were going to reside there the rest of their lives -- not sell it in a handful of years and make money from it. My folks still live in the same house they purchased when they were newlyweds in 1962. It is today worth over 10x what they paid for it then, and they've only done two or three major remodeling/construction projects on that house in the over 50 years they've owned it. Yet, they're still not chomping at the bit to sell it and move on...they're planning on finishing out their senior years in it, and passing it along to me when they die.
This is still a completely valid plan for home ownership. Home ownership today is not any less attainable for millenials than it was for our generation, or for our parents. Home prices aren't so astronomical, and wages so low, that buyers will never be able to pay them off, especially if they're on a 30-year loan and planning on living there for 30 years.
Our parents generation is also the same one that saw investments as having life-long terms, rather than daily, weekly, or monthly turnover. My folks still have stocks in Fortune 50 companies that they purchased in the 60s and 70s as part of their long-term financial plans for retirement (and those stocks have more than done their job over that timeframe). They still have rolling investments in 10- and 20-year Treasury bills that they see all the way to term. They have savings accounts and IRAs that are bursting at the seams because of the $5 and $10 deposits they faithfully made every payday for two or three decades during their working years.
Those are still completely valid long-term financial savings and retirement savings strategies.
Hacker15e
Who am I? Where are my pants?
In unrelated news, WTF is this all about? What could possibly be the purpose of putting this statement on the side of an Embraer?
This has always been a joke that drivers of sh*tty cars put on their bumper, a joke that acknowledged and highlighted that it was a crappy car...with the assurances that their "other" car is not nearly as lousy.
I don't see how this makes JetBlue passengers happy about the jet they paid good $$ to ride on. "Yeah, we know you paid the same amount as the people who ride the nicer Airbus, but this smaller one is the jet we're putting on your route today. Thanks for flying JetBlue!"
As a pilot with a sense of humor, I think it is funny...but hard to fathom why JetBlue would want to have their own customers to think it.
This has always been a joke that drivers of sh*tty cars put on their bumper, a joke that acknowledged and highlighted that it was a crappy car...with the assurances that their "other" car is not nearly as lousy.
I don't see how this makes JetBlue passengers happy about the jet they paid good $$ to ride on. "Yeah, we know you paid the same amount as the people who ride the nicer Airbus, but this smaller one is the jet we're putting on your route today. Thanks for flying JetBlue!"
As a pilot with a sense of humor, I think it is funny...but hard to fathom why JetBlue would want to have their own customers to think it.
ChasenSFO
hen teaser
Just them trying to be silly and advertising their fleet. This is the same airline that has a plane named "Objects in mirror may be bluer than they appear". That's the problem with insisting that the name be a play on the word "blue". Buy a few hundred airplanes, and you're really starting to grasp at straws. Virgin America names theirs stuff like "fog cutter" and "screw it, let's do it". Hopefully that means they'll never be trying as hard.In unrelated news, WTF is this all about? What could possibly be the purpose of putting this statement on the side of an Embraer?
This has always been a joke that drivers of sh*tty cars put on their bumper, a joke that acknowledged and highlighted that it was a crappy car...with the assurances that their "other" car is not nearly as lousy.
I don't see how this makes JetBlue passengers happy about the jet they paid good $$ to ride on. "Yeah, we know you paid the same amount as the people who ride the nicer Airbus, but this smaller one is the jet we're putting on your route today. Thanks for flying JetBlue!"
As a pilot with a sense of humor, I think it is funny...but hard to fathom why JetBlue would want to have their own customers to think it.
I'd say the E190 is more comfortable though, 2-2 seating and seats should be wider than the A320.
Mike Wise
#NewSchool
100%, no middle seat, wider and more space in the seats, less boarding time, and 50 less people to deal with. E190 FTW.
