I don't think it's a matter of taking us back 25 years, it's a matter of $$$$. We used to have nice, pretty manuals all with color pictures, 2 weeks of ground training then 2 weeks of sims etc. But when AQP and Boeing books came along.........it all slowly disappeared in the interests of money and liability (IMO).:(

Denny

Bloomberg: Billionaire Buys Signal Hedge Funds Bullish on Economy

By the tickerspy.com Staff , On Monday February 22, 2010, 11:36 am EST
Some high-profile fund managers were picking up energy and airline names during Q4, and Bloomberg sees the buys as a bullish indicator for economic acceleration.

Back in November, when Berkshire Hathaway (NYSE: BRK-A - News, BRK-B - News) announced the outright purchase of railroad Burlington Northern Santa Fe (NYSE: BNI - News), CEO Warren Buffett called the move an "all-in wager" on the U.S. economy. While recent critics have likened the Oracle of Omaha's equity portfolio to an index fund, the same certainly cannot be said for another pair of economic bulls, which Bloomberg highlighted this morning. According to the report, increasing stakes in largely economy-tied segments indicates positive sentiment following the S&P 500's impressive 23% 2009 rally.

After more than generating returns of more than 100% for his flagship Appaloosa Fund in 2009, David Tepper's top picks from the end of Q4 were closely watched by The Street when they were disclosed to the SEC last week. While the billionaire's equity portfolio remained largely made up of financial names, some new bets on airlines got investors' attention.

Bloomberg notes that analysts expect the airline segment to return to profitability in 2010, which could mean good news for American parent AMR (NYSE: AMR - News), United parent UAL (NYSE: UAUA - News), and Delta Air Lines (NYSE: DAL - News). All three were among Appaloosa's top-15 U.S.-listed equity holdings to start the year after Tepper purchased the stocks during Q4.

No kidding. I was sitting there with the 88 Program Manager a few years ago. He was telling me that the new program cost about 25% of what the old one did. Talk about cost savings.

Thank goodness I haven't had to go to an initial training school for a few years!! My brain cells aren't what they used to be!!:) And if the SEA 7ER base does open (and I can hold it), I won't be going to an initial training class for a loooooooooooong time!:D

Denny

The nice thing about DAL training these days, as opposed to ten years or so ago, is that the AQP approach is much more "big boy." They give you the stuff, tell you what they expect and then work with you along the way. My initial in the 73N two years ago was a breath of fresh air compared to my 88 initial back in the day. Sure, its much more on you, but at least the guys in the training dept know that. The Soup Nazi approach is gone.

Today's phrase is:


Overton Window.

:D

http://2.bp.blogspot.com/_MuVBa4m1hM...ame_street.jpg

I could've sworn the phrase of the day, as of an hour ago, was: Exquisite.

These guys aren't going to be happy with you changing the way things are done. They pick the phrase, you live with it.

http://64.207.137.124/jmt/misc_pics/Seaseme-Street.jpg

But if you want to claim ACL that the phrase of the day is the Overton window, a concept in political theory, named after its originator, Joe Overton; it describes a "window" in the range of public reactions to ideas in public discourse, in a spectrum of all possible options on an issue. Then so be it.

But 80 and Super and Satch are going to be confused.

Are we talking health care, slot swaps, or cows? If its the latter I defer to FTB.

Thanks Caddis.... I really looking forward to it. Getting a lot of good feedback on my decision to jump over to the bus. :)

TC