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5.5 Years To Flow?

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Old 04-15-2020 | 08:55 PM
  #211  
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Originally Posted by Air Stang 7
Flow does better in a savings account in a downturn though.
Little known trick but I was able to get a mortgage underwriting by showing them the flow language in our CBA along with the brochure the recruiter gave me. It says right in there I'll be making 200k in a few years
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Old 04-15-2020 | 09:07 PM
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Originally Posted by rld1k
Little known trick but I was able to get a mortgage underwriting by showing them the flow language in our CBA along with the brochure the recruiter gave me. It says right in there I'll be making 200k in a few years
And that's why some people have big houses and futons. Glad some underwriter was easy on you, but one thing worse than not getting a mortgage is having a house payment you can't afford.
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Old 04-15-2020 | 09:22 PM
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Originally Posted by Tyrion
And that's why some people have big houses and futons. Glad some underwriter was easy on you, but one thing worse than not getting a mortgage is having a house payment you can't afford.
That's kinda harsh but I have to admit I was thinking the same thing. Every single time I've bought a house, the bank told me I could afford more than what my own math told me I could. Never had to, or needed to, play games to get approved for something more.

That said, it's interesting that the banks are so eager to loan they'll take CBA language on flow. lol.
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Old 04-15-2020 | 09:52 PM
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Originally Posted by rld1k
Little known trick but I was able to get a mortgage underwriting by showing them the flow language in our CBA along with the brochure the recruiter gave me. It says right in there I'll be making 200k in a few years
Very scary if true. Here comes 2008 again.
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Old 04-16-2020 | 09:10 AM
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that was a joke lol the underwriter actually said my paystubs look like hieroglyphics and he has no idea what I make
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Old 04-16-2020 | 12:38 PM
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Originally Posted by rld1k
that was a joke lol the underwriter actually said my paystubs look like hieroglyphics and he has no idea what I make
i feel the same about my paystub....
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Old 04-16-2020 | 02:49 PM
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Qualified crop dusting flying is paying around 100k+ and more. Food for thought...and not the kind of stinky crop dusting the company has been doing to the pilot group.
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Old 04-17-2020 | 04:46 AM
  #218  
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It might be wise for some of you to do some research on the old Eagle and the pilots that were hired in 1999 and 2000. They were told that they would be over at AA in less then 24 months.

Guess what....they were still there in 2011. This is worse then 9/11, plus AA just shrunk their retirement numbers by offering the early outs. Add that to them parking 3 fleets and possible furloughs you can start to add the dots that AA won't be hiring for some time, a long time. Welcome to the the new generation of the loss decade.
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Old 04-17-2020 | 05:11 AM
  #219  
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Originally Posted by wiz5422
It might be wise for some of you to do some research on the old Eagle and the pilots that were hired in 1999 and 2000. They were told that they would be over at AA in less then 24 months.

Guess what....they were still there in 2011. This is worse then 9/11, plus AA just shrunk their retirement numbers by offering the early outs. Add that to them parking 3 fleets and possible furloughs you can start to add the dots that AA won't be hiring for some time, a long time. Welcome to the the new generation of the loss decade.
I don't think it will be that long. After 9-11 we had the economic meltdown in 2008. Eagle had already started hiring two classes of 30 a month back in 2005-2006. In 2009 the first group of 35 flowed, and that was only 1 year into the post 2008 recovery.... and they didn't have the mass retirements then to help either. I think, that the AA downsizing will fit closely with the retirements and that your looking at about a 2 to 4 year wait for the flow to get going again above more than a drip. If they can time everything right, it's the two year number (perhaps even less). If not, then more towards the 4 years.

It's also an opportunity for them to avoid BK. This slowdown gives them the opportunity to restructure and reorganize; and return as a smaller leaner meaner AA.
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Old 04-17-2020 | 06:15 AM
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Originally Posted by Cujo665
I don't think it will be that long. After 9-11 we had the economic meltdown in 2008. Eagle had already started hiring two classes of 30 a month back in 2005-2006. In 2009 the first group of 35 flowed, and that was only 1 year into the post 2008 recovery.... and they didn't have the mass retirements then to help either. I think, that the AA downsizing will fit closely with the retirements and that your looking at about a 2 to 4 year wait for the flow to get going again above more than a drip. If they can time everything right, it's the two year number (perhaps even less). If not, then more towards the 4 years.

It's also an opportunity for them to avoid BK. This slowdown gives them the opportunity to restructure and reorganize; and return as a smaller leaner meaner AA.
I was at Eagle for the mergers and 9/11. I agree right now, early retirements just caused a 3-4 year pause in the flow. But the second they furlough... if that happens add another 5 years to the pause in flow..

caution on mergers. If that happens again to the WO’s. Its not fun... The BizEX merger was the pitfall for me..
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