Quote:
Originally Posted by ZapBrannigan
Oil prices so high that flying will once again be for the wealthy only. Dramatic drawdown in industry capacity to adjust to this new paradigm.
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This could be the beginning of a new golden age. Seriously. It could be sort of like a forest fire right now cleaning out the old vegetation - hell Skybus is gone.
Hiring minimums are going to go back up to previous levels, ticket cost will increase weeding out the pajama bottom travelers, and there won't be SOOOOO many flights all the time. The airspace won't be as crowded, either.
There are too many players out there. You fly to XYZ podunk airport and you see 5 or 6 different carriers there, the crew bus from the hotel is full of pilots and FAs.
I think the oil problem sucks, but this industry needed some cleaning if you ask me. Some will be sacrificed. I am not saying this because I am safe..I am expecting my furlough notice in about 4-6 months.
But, like its been said, once age 65 runs its course, hiring will resume in some capacity. There will ALWAYS be more applicants than there are jobs in this industry. This recent "pilot shortage" was a bunch of crap. Even if there was truth to it, its all evening out now back to reality - a surplus.
Have a back up plan to weather the storm. I know I do....