Major Airline Hiring 2020
10-16-2021 | 05:28 PM
#121
In a land of unicorns
Joined: Apr 2014
Posts: 7,044
Likes: 62
From: Whale FO
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.
10-16-2021 | 05:34 PM
#122
Living the SloBus life
Joined: Jan 2018
Posts: 2,165
Likes: 89
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.
10-16-2021 | 05:40 PM
#123
Perennial Reserve
Joined: Jan 2018
Posts: 14,177
Likes: 236
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.
10-17-2021 | 05:18 AM
#124
Thread Starter
Gets Weekends Off
Joined: Feb 2021
Posts: 414
Likes: 0
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.
10-17-2021 | 08:40 AM
#126
In a land of unicorns
Joined: Apr 2014
Posts: 7,044
Likes: 62
From: Whale FO
US hyperinflation would mean a global economic collapse in a scale never experienced in history.
10-17-2021 | 09:13 AM
#127
Line Holder
Joined: Sep 2021
Posts: 45
Likes: 0
10-17-2021 | 10:22 AM
#128
Banned
Joined: Apr 2017
Posts: 4,208
Likes: 5
You realize that 40% of dollars in existence were printed in the last year, right?
10-17-2021 | 04:55 PM
#130
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
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.)
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