From where will the crews come?
09-24-2013, 01:54 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Nov 2012
Posts: 264
From where will the crews come?
"The global fleet will grow to 36,560 aircraft from 17,740 by 2032, Airbus said."
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
09-24-2013, 06:06 AM
#3
Gets Weekends Off
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Joined APC: Nov 2012
Posts: 264
Retirement numbers are a known fact, China is paying nearly $300k, and Airbus and Boeing are both forecasting similar numbers. I'm not saying they may be right, but even if only 50%, all I'm asking is where will the crews be found?
09-24-2013, 07:28 AM
#4
Bracing for Fallacies
Joined APC: Jul 2007
Position: In favor of good things, not in favor of bad things
Posts: 3,543
Originally Posted by WTFover
Retirement numbers are a known fact, China is paying nearly $300k, and Airbus and Boeing are both forecasting similar numbers. I'm not saying they may be right, but even if only 50%, all I'm asking is where will the crews be found?
I hate to be cynical, but maybe the feeling is like any other part of flying; e.g., do you really believe the TAF is going to be as good as advertised?
09-24-2013, 08:08 AM
#5
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Joined APC: Feb 2010
Position: A320 eff oh
Posts: 277
Originally Posted by block30
I posted on another thread a snippet of an article I found. It was from the year 2000ish....definitely pre 9/11, pre global economic meltdown. The article's projections ended up being WAY more rosy than what actually happened in the decade following the article's prognostication. :/
I hate to be cynical, but maybe the feeling is like any other part of flying; e.g., do you really believe the TAF is going to be as good as advertised?
I hate to be cynical, but maybe the feeling is like any other part of flying; e.g., do you really believe the TAF is going to be as good as advertised?
10-10-2013, 05:05 AM
#9
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Joined APC: Mar 2008
Position: FAA 'Flight Check'
Posts: 13,837
Originally Posted by WTFover
"The global fleet will grow to 36,560 aircraft from 17,740 by 2032, Airbus said."
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
From Wiki:
As of 30 June 2013 72.37 % of EADS stock is publicly traded on six European stock exchanges, while the remaining 26.77 % is owned by a "Contractual Partnership".[44] The latter is owned by SOGEPA (11.96 %), GZBV (10.69 %) and SEPI (4.12 %). SOGEPA is owned by the French State and Lagardère, while SEPI is a Spanish state holding company. France also owns 0.06 % of publicly traded stock.[45]
In October 2005 the British Ministry of Defence warned European politicians to stop, as it sees it, interfering in the corporate governance of EADS. The former UK Defence Procurement Minister Lord Drayson hinted that the UK government, a major customer for EADS, may withhold future contracts. "As a key customer, we see it as important for EADS to move in a direction that is free from political interference."[46]
On 4 April 2006, DaimlerChrysler announced its intention to reduce its shareholding from 30 % to 22.5 %. The company places a value of the stake at "approximately €2.0 billion."[47] Lagardère will reduce its holding by an identical amount. However, Caisse des Dépôts et Consignations, a unit of the French government, acquired 2.25 % of EADS. At issue as a result is the fact that the German and French shareholdings are now in imbalance.[48]
On 30 August 2006, shortly after the stock price decline caused by the A380 delivery delays, more than 5 % of EADS stock has been reportedly purchased by the Russian state-owned Vneshtorgbank.[49] Now its share is nearly 6 %. In December 2007, Vneshtorgbank sold EADS shares to another state-controlled bank Vneshekonombank. EADS sharers are to be delivered by Vneshekonombank to the charter capital of JSC "United Aircraft Corporation" in 2008.[citation needed]
On 3 October 2006, shortly after EADS admitted further delays in the Airbus 380 programme would cost the company 4.8 billion euros in lost earnings in 2010, EADS shares, traded on the Paris arm of Euronext, were suspended after they surpassed the 10 % loss limit. Trading resumed later in the day with the one day loss holding at 7 %.
In 2007, Dubai Holding acquired 3.12 % of EADS stock, making the Dubai buy-out fund one of the largest institutional shareholders.[50]
In 2008, EADS had arms sales equivalent of $17.9 billion, which constituted 28 % of total revenue.[51]
In October 2005 the British Ministry of Defence warned European politicians to stop, as it sees it, interfering in the corporate governance of EADS. The former UK Defence Procurement Minister Lord Drayson hinted that the UK government, a major customer for EADS, may withhold future contracts. "As a key customer, we see it as important for EADS to move in a direction that is free from political interference."[46]
On 4 April 2006, DaimlerChrysler announced its intention to reduce its shareholding from 30 % to 22.5 %. The company places a value of the stake at "approximately €2.0 billion."[47] Lagardère will reduce its holding by an identical amount. However, Caisse des Dépôts et Consignations, a unit of the French government, acquired 2.25 % of EADS. At issue as a result is the fact that the German and French shareholdings are now in imbalance.[48]
On 30 August 2006, shortly after the stock price decline caused by the A380 delivery delays, more than 5 % of EADS stock has been reportedly purchased by the Russian state-owned Vneshtorgbank.[49] Now its share is nearly 6 %. In December 2007, Vneshtorgbank sold EADS shares to another state-controlled bank Vneshekonombank. EADS sharers are to be delivered by Vneshekonombank to the charter capital of JSC "United Aircraft Corporation" in 2008.[citation needed]
On 3 October 2006, shortly after EADS admitted further delays in the Airbus 380 programme would cost the company 4.8 billion euros in lost earnings in 2010, EADS shares, traded on the Paris arm of Euronext, were suspended after they surpassed the 10 % loss limit. Trading resumed later in the day with the one day loss holding at 7 %.
In 2007, Dubai Holding acquired 3.12 % of EADS stock, making the Dubai buy-out fund one of the largest institutional shareholders.[50]
In 2008, EADS had arms sales equivalent of $17.9 billion, which constituted 28 % of total revenue.[51]
Last edited by USMCFLYR; 10-10-2013 at 05:18 AM.
10-10-2013, 08:32 AM
#10
Gets Weekends Off
Joined APC: Dec 2012
Posts: 480
Originally Posted by WTFover
"The global fleet will grow to 36,560 aircraft from 17,740 by 2032, Airbus said."
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
So, with a DOUBLING of the world airliner fleet over the next 20 years, are we actually on the cusp of a "golden age" for pilots? Ah to be be ten or fifteen years younger!
If you were ten or fifteen years younger everything would cost you disproportionately more, and you may not be able to get a job.
Even the most pessimistic numbers for hiring include foreign hiring, which is in a boom. Not shortage, a boom. They are taking care of their own and bringing thousands a year online. How do we know? Because if they weren't, we wouldn't have students here.
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