Originally Posted by
galaxy flyer
first, what if you’re not one of those hired? I’ve known plenty in that boat. What if a recession slows hiring? Can delay hiring for years. What if High Speed Rail really does take-off? Unlikely at this time, but could really put a crimp on lots of short haul flying. The Shutyle went from A300/B727 to ERJ/CRJ with Amtrak’s Acela. What if you lose your medical before covered by LTD? A friend recently died of cancer at 57, no LTD in corporate flight department. Ouch!
The Sixties was the last time we had hiring like today, the Seventies were a lost decade, no growth despite the WW II retirements. The Eighties had a big boom due to growth, continued thru the Nineties even with a recession. Then another lost 13 years.
No predictions, but aviation careers aren’t guaranteed and far riskier than, say, accounting.
GF
What if a simplified tax code gets passed? You know how many accountants do work OTHER than tax prep and tax advice and tax structuring and tax sheltering?
Thinking other industries are free from the ebb and pull of larger economic forces and aviation is impacted to a different degree is a sheltered point of view. Even in the airlines, you could be pumping gas or working the check-in desk or working for TSA giving handjobs and be in the same boat as pilots in an economic downturn.
In the end would you rather be running the rat race in a cubicle making 60-80k at best (without owning your own business or being an exception to the rule) or would you rather get paid 200k+ to do something that you love and travel more than most Americans could even imagine?
Let the bad times come. Regardless of where you sit you'll need to be flexible. A few lucky ones will fly over the dark clouds and not be impacted at all. These are all things you can't control. Manage the controllables.