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Old 06-09-2020 | 07:44 PM
  #151  
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Originally Posted by Turbosina
Except the goth chicks were cute. Well, most of 'em.
Dude. I'm concerned.

Fine line between alternative and goth.
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Old 06-09-2020 | 08:20 PM
  #152  
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Originally Posted by rickair7777
Dude. I'm concerned.

Fine line between alternative and goth.
Hmmm...true. But there was just something about all those The Cure fangirls...
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Old 06-09-2020 | 10:26 PM
  #153  
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Originally Posted by Excargodog
And the Nasdaq hit a record today..
once the economy totally craters later this year around election time, that Nasdaq will likely drop 50/60% in line with the rest of the market.
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Old 06-10-2020 | 08:06 AM
  #154  
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Originally Posted by herewego
If this set back is enough for you to come on to an internet message board to get anonymous advice about dropping it as a career weeks into your first 121 gig, you might not have the intestinal fortitude to handle the ups and downs of the aviation business.
This business is incredibly cyclical, as many have mentioned multiple times. The last few years have been boom, but the next unknown time will be bust. Can you handle the uncertainty of what the unknown time is? can you handle that within a few years there will be a boom cycle that gets the next generation all excited about where is the fastest place to get into the left seat so I can go get my golden job, while you've been slogging it out in the trenches, stuck commuting cross country to sit reserve in the right seat clapped out 145 or 200?
This job isn't jetting off to Monte Carlo with supermodel stewardesses rubbing suntan lotion on your back, while you're living the high life. A few might make it to that high platform, but those lucky few have lived through downturns like this multiple times in their career. fewer still of those select few are on their first wife after the stress of not knowing how long the pay concessions they had to give up to keep their airline in business would be, or how long they were going to be furloughed this time.
If you can handle those uncertainties and you enjoy flying then stick around. If you think this setback is too stressful, maybe it's not the right career for you.
Nailed it, 100%. I've been in this career 20 years and have seen multiple kicks to the nuts. 9/11, 2008 recession, age 65 and now the Rona. I'm barely hanging on at Alaska and I'm on my fifth airline of my career. There will certainly be more mergers and maybe a bankruptcy in my future.

If you want to work in an industry with a more positive outlook, I think you'd be well suited for finance. You sound smarter than us eternal optimists with Stockholm syndrome asking politely for our next beating. Aviation isn't for everyone. (but it's a great hobby!)
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Old 06-10-2020 | 08:11 AM
  #155  
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Originally Posted by Excargodog
And the Nasdaq hit a record today..
Airline stocks jumped massively for no reason, too. Why would a stock jump so high when the entire industry is losing billions, has cut all dividends and buybacks for years and has a two year struggle ahead?

The stock market makes no sense. It's designed to feed on hysteria and inexperience and profit major players and financial institutions.

Taking stock advice from a pilot is like taking relationship advice...well. From a pilot. Ha!
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Old 06-10-2020 | 02:46 PM
  #156  
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Originally Posted by Foodstamps
Airline stocks jumped massively for no reason, too. Why would a stock jump so high when the entire industry is losing billions, has cut all dividends and buybacks for years and has a two year struggle ahead?

The stock market makes no sense. It's designed to feed on hysteria and inexperience and profit major players and financial institutions.

Taking stock advice from a pilot is like taking relationship advice...well. From a pilot. Ha!
Stocks and the market trade as leading indicators of economic activity... is that so hard to understand. It’s been that way... forever...
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Old 06-24-2020 | 12:53 PM
  #157  
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Default 2nd career after furlough

Very sorry to hear of your furlough. I got into business as a real estate agent after early retirement from the airline. I knew that I could never love a 8 to 5 job, and real estate worked out well for me for a lot of years. I ended up flying again and could have maybe managed both at once. Getting your real estate license is cheap and easy. Give it a try while furloughed and see if you like it.
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Old 06-24-2020 | 02:07 PM
  #158  
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Originally Posted by MamaHidesCookie
Stocks and the market trade as leading indicators of economic activity... is that so hard to understand. It’s been that way... forever...
Not necessarily true, the stock market just rich man’s betting game. GDP is where one needs to look to see which cycle our economy is currently on and the direction it is headed to next. Stock market is finicky like a persons emotions. When it’s happy it’s up and it’s sad it’s down, if it feels overconfident it can be up and if it is a nervous wreck it can be down.
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Old 07-08-2020 | 12:05 PM
  #159  
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Originally Posted by airplane401
Just a guy who got furloughed in training. Now I’m thinking of second careers. Do you think it’s a good idea to leave this career? What you all feeling?
It depends on how old you are. I lost my job the end of March and turned 65 in May. I’m leaving aviation because I don’t want to live the lifestyle a lot of part 135 pilots live. I’ve flown cargo, charter and air ambulance. Almost all my night flight time has involved staying up all night. I no longer want to stay up all night. My charter job had 4 hard days off a month and a half hour call out on duty days. If I was twenty years younger I would apply at Skywest or Horizon.
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Old 07-08-2020 | 02:06 PM
  #160  
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Originally Posted by Pirot
It depends on how old you are. I lost my job the end of March and turned 65 in May. I’m leaving aviation because I don’t want to live the lifestyle a lot of part 135 pilots live. I’ve flown cargo, charter and air ambulance. Almost all my night flight time has involved staying up all night. I no longer want to stay up all night. My charter job had 4 hard days off a month and a half hour call out on duty days. If I was twenty years younger I would apply at Skywest or Horizon.
I salute you sir! I can't begin to imagine all the stories and knowledge you could share. More power to you, and I hope you enjoy your retirement from aviation.
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