Regional lifers. Why are they stuck?
#251
Gets Weekends Off
Joined: Aug 2018
Posts: 151
Likes: 0
No one was ever really forced. They had Eagle rights and Flow. You had to choose at the time you upgraded to Jet captain.
#252
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 102
From: Whale FO
Happy to be corrected if that's not how it was.
#253
Gets Weekends Off
Joined: Jan 2008
Posts: 1,386
Likes: 0
That is just a poor risk assessment. On par with parking your investment cash in a money market account because "the recession is right around the corner". Every one has a risk tolerance but staying at a regional because you might get furloughed is about the same as building a castle in the woods for a zombie apocalypse. There will always be regionals hiring with fast upgrade times that will be able to replace your current income and the reward for leaving is quantifiable. Even the worst of the worst times in the industry presented an experienced pilot with employment pretty quickly. If someone gave me that excuse I would understand that their decision making is flawed or they were delusional.
ARE YOU KIDDING? Obviously you’ve never been through the few recessions of the last 25 years. And no, even the regionals weren’t hiring during the worst of economic downturns. I remember I couldn’t even get a CFI job. So spare me. And please don’t deny another economic downturn nor berate another for playing it conservative by staying at a regional.
#254
Banned
Joined: Sep 2018
Posts: 215
Likes: 0
ARE YOU KIDDING? Obviously you’ve never been through the few recessions of the last 25 years. And no, even the regionals weren’t hiring during the worst of economic downturns. I remember I couldn’t even get a CFI job. So spare me. And please don’t deny another economic downturn nor berate another for playing it conservative by staying at a regional.
#256
Banned
Joined: Sep 2018
Posts: 215
Likes: 0
Look buddy, I'm sorry flipping houses didn't go so well for you in the 00s and you lost your retirement. Here is a little tip for next time, when everybody is doing the same thing, expect things to collapse like a house of cards. The recession we saw in 2008 is a once in every 30 - 50 year recession.
#258
Thread Starter
Gets Weekends Off
Joined: Nov 2018
Posts: 832
Likes: 0
I get the game you are playing. Year after year you will say "the next recession is coming, mark my words" and eventually you will be right, because everything is cyclical. You'll sit there all sumg and glowing because you will be thinking of how smart everybody thinks you are because you predicted this all along. Meanwhile what everybody is actually thinking "this d$#$#bag has been wrong year after year and then now when it finally hits, which we all knew was eventually coming, he fancies himself some type of financial expert".
Look buddy, I'm sorry flipping houses didn't go so well for you in the 00s and you lost your retirement. Here is a little tip for next time, when everybody is doing the same thing, expect things to collapse like a house of cards. The recession we saw in 2008 is a once in every 30 - 50 year recession.
Look buddy, I'm sorry flipping houses didn't go so well for you in the 00s and you lost your retirement. Here is a little tip for next time, when everybody is doing the same thing, expect things to collapse like a house of cards. The recession we saw in 2008 is a once in every 30 - 50 year recession.
Laurence J. Peter
#259
#260
Look buddy, I'm sorry flipping houses didn't go so well for you in the 00s and you lost your retirement. Here is a little tip for next time, when everybody is doing the same thing, expect things to collapse like a house of cards. The recession we saw in 2008 is a once in every 30 - 50 year recession.
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