Air Wisconsin
06-24-2013 | 09:28 AM
#221
Gets Weekends Off
Joined: Jul 2008
Posts: 109
Likes: 0
From: CRJ
06-24-2013 | 09:39 AM
#222
Banned
Joined: Nov 2008
Posts: 1,006
Likes: 0
From: doggy style
06-24-2013 | 10:56 AM
#224
Doing One Pilot's Job
Joined: Sep 2005
Posts: 7,883
Likes: 119
*Past performance not indicative of future results*
Is a 6 year upgrade really THAT far-fetched, given the industry-wide stagnation caused by a double-whammy of a 5 year retirement age increase and global recession?
Is a 6 year upgrade really THAT far-fetched, given the industry-wide stagnation caused by a double-whammy of a 5 year retirement age increase and global recession?
06-24-2013 | 03:43 PM
#225
Line Holder
Joined: Sep 2006
Posts: 1,755
Likes: 6
The 5-year moving window of no retirements was a bad deal for practically everyone and I've heard rumblings of 67 as a proposed retirement age. That's absurd and I hope it never sees the light of day.
06-24-2013 | 04:24 PM
#226
Doing One Pilot's Job
Joined: Sep 2005
Posts: 7,883
Likes: 119
Economic recession = less demand for air travel, both domestically and internationally. Airlines reduce capacity to match the decreased demand, resulting in fewer flights (meaning fewer required pilots) but high load factors on the flights that do operate.
Not to sound condescending, because I know you know all that.
If there had been no recession, its probably safe to say US legacies would have handled the decreased attrition due to increased retirement age without a need to RIF, FedEx would not have experienced reduced line guarantees, UPS would not have furloughed despite making 9-figure quarter profits (as opposed to 10 figure quarterly profits), and a huge number of business aviation jobs would still exist.
06-24-2013 | 05:27 PM
#227
Gets Weekends Off
Joined: Apr 2008
Posts: 199
Likes: 0
I'd say the global recession has an awful lot to do with it.
Economic recession = less demand for air travel, both domestically and internationally. Airlines reduce capacity to match the decreased demand, resulting in fewer flights (meaning fewer required pilots) but high load factors on the flights that do operate.
Not to sound condescending, because I know you know all that.
If there had been no recession, its probably safe to say US legacies would have handled the decreased attrition due to increased retirement age without a need to RIF, FedEx would not have experienced reduced line guarantees, UPS would not have furloughed despite making 9-figure quarter profits (as opposed to 10 figure quarterly profits), and a huge number of business aviation jobs would still exist.
Economic recession = less demand for air travel, both domestically and internationally. Airlines reduce capacity to match the decreased demand, resulting in fewer flights (meaning fewer required pilots) but high load factors on the flights that do operate.
Not to sound condescending, because I know you know all that.
If there had been no recession, its probably safe to say US legacies would have handled the decreased attrition due to increased retirement age without a need to RIF, FedEx would not have experienced reduced line guarantees, UPS would not have furloughed despite making 9-figure quarter profits (as opposed to 10 figure quarterly profits), and a huge number of business aviation jobs would still exist.
06-24-2013 | 05:29 PM
#228
Gets Weekends Off
Joined: Jul 2008
Posts: 109
Likes: 0
From: CRJ
06-25-2013 | 02:39 AM
#229
Line Holder
Joined: Sep 2006
Posts: 1,755
Likes: 6
If there had been no recession, its probably safe to say US legacies would have handled the decreased attrition due to increased retirement age without a need to RIF, FedEx would not have experienced reduced line guarantees, UPS would not have furloughed despite making 9-figure quarter profits (as opposed to 10 figure quarterly profits), and a huge number of business aviation jobs would still exist.
We'll see how this develops. I hope AWAC continues to plod along or even grow, but there's been no indication that anything of the sort is about to happen.
At least retirements are starting to happen in the industry and hopefully the age 67 chatter is just hot air. But this came from a guy I had on the jumpseat. He's US Airways and heard it straight from a fed he had on his jumpseat. And no, it wasn't a senior guy hoping to hang on for a few more years.
There's movement and hiring happening at the moment, even at slow companies like ours.
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