Major Airline Hiring 2020
#121
In a land of unicorns
Joined APC: Apr 2014
Position: Whale FO
Posts: 6,471
That was the problem I had when comparing waiting to flow and getting hired elsewhere. I would have got to AA in my late 40s. ACMI pays better than NB CA these days. Over a million dollars more in career earnings at ACMI for me than if I waited for flow. If you get to AA in your 20s, it's an awesome deal. For older guys, not so much.
#122
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,685
For you and everyone else focused on how great it has to be, look back at threads from 2019, than read threads from 2020. You need to be emotionally/financially prepared for the unexpected shocks to the system. Additionally, airline management across the industry will be looking for ways to increase pilot supply and decrease demand. I can’t predict exactly how it will work out, but the rosy forecasts are likely wrong. Today’s too big to fail is tomorrow’s Lehman Bros.
#123
For you and everyone else focused on how great it has to be, look back at threads from 2019, than read threads from 2020. You need to be emotionally/financially prepared for the unexpected shocks to the system. Additionally, airline management across the industry will be looking for ways to increase pilot supply and decrease demand. I can’t predict exactly how it will work out, but the rosy forecasts are likely wrong. Today’s too big to fail is tomorrow’s Lehman Bros.
#124
Gets Weekends Off
Thread Starter
Joined APC: Feb 2021
Posts: 376
Yes, there are problems right now. Everyone sees them. Some may impact the industry. Some are actually helping the industry right now, and we will need to see how this all plays out.
To pretend that anyone knows how this is going to change aviation is laughable.
#126
In a land of unicorns
Joined APC: Apr 2014
Position: Whale FO
Posts: 6,471
US hyperinflation would mean a global economic collapse in a scale never experienced in history.
#127
Line Holder
Joined APC: Sep 2021
Posts: 45
#128
You realize that 40% of dollars in existence were printed in the last year, right?
#130
Most of those extra government payments went to savings or paying down personal debt. They did not go to extra spending. My investment management firm presented clear graphs that show this. (Unfortunately I am not permitted to reproduce them here.)
Thread
Thread Starter
Forum
Replies
Last Post