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STILL GROUNDED 04-24-2008 11:34 AM


Originally Posted by RightSeatDude (Post 372631)
Multipilot covered it completely. Again, I did NOT mean "still" as in you, Still Grounded.
No worries! :D

Its all good! :D

rickair7777 04-24-2008 12:08 PM


Originally Posted by multipilot (Post 372438)
This is just a really tough time as you can already tell. Delta and NWA recently reported a combined 10.5 billion dollar loss. About 6.5 of that comes from Delta. United reported over a 500 million dollar loss recently. US Airways also just posted a 236 million dollar loss. Continental reported an 80 million dollar 1Q loss. All of these airlines of course are carriers that Republic flies for.

This was addressed on the majors forum, but just to clarify, DAL and NWA each lost about $250 Million. The billions in losses they claimed was a charge due to lost market cap, and is not an operating loss, a cash loss, or anything that they have to pay. Not sure why they chose to claim the market cap drop as a loss, but presumeably it was some sort of funny-money issue related to the merger.

HercDriver130 04-24-2008 12:11 PM

what Rick said....

multipilot 04-24-2008 01:00 PM


Originally Posted by rickair7777 (Post 372751)
This was addressed on the majors forum, but just to clarify, DAL and NWA each lost about $250 Million. The billions in losses they claimed was a charge due to lost market cap, and is not an operating loss, a cash loss, or anything that they have to pay. Not sure why they chose to claim the market cap drop as a loss, but presumeably it was some sort of funny-money issue related to the merger.

Thanks for clearing that up. That makes a lot more sense.

stepchild 04-24-2008 03:06 PM


Originally Posted by multipilot (Post 372534)
I asked HR about that b/c i have a friend interviewing a week from today. If I remember correctly, she said that as of now they're planning on continuing their scheduled interviews. Just be prepared to be put into a pool. Good news is, they still need pilots.

MP,

Yes, I received the email tonight, "You can keep your interview date but....."

Next question, If hired (a big IF when I'm involved) and pooled, until Aug/Sep class date are you expected to stay current in flying? I retire in just a few weeks and will not be flying this summer so can just walk into my class then?

WeaselBoy 04-24-2008 03:45 PM

Are you talking personal or legal currency?

As far as legal currency, it doesn't matter. You will do all the approaches and stuff in the sim before the checkride and the checkride will bring up to currency anyway.

If you're talking personal, then try to hit a sim or something at a flight school before you go. But, if you're retiring as a C-12 pilot then you should be able to hold your own in class against a 20 year old who has only been flying a year or two.

HercDriver130 04-24-2008 04:03 PM

Dont sweat it. If you are current and have been flying you will do fine. I had been out of the biz for a number of years when I got back in last year and had about 5 hours in a seneca to knock the rust off before my interview and subsequent ground school and sim. Good luck.

multipilot 04-24-2008 05:09 PM


Originally Posted by stepchild (Post 372926)
MP,

Yes, I received the email tonight, "You can keep your interview date but....."

Next question, If hired (a big IF when I'm involved) and pooled, until Aug/Sep class date are you expected to stay current in flying? I retire in just a few weeks and will not be flying this summer so can just walk into my class then?

What those two guys above said. My friend that I mentioned earlier received the informational call today. I say go ahead and interview anyway. What have you got to lose? Best case scenario is that you get hired, put in a pool, and get a class date a few months from now.

stepchild 04-25-2008 06:00 AM

I got the call from Glenda today confirming the pool but I can still interview. I asked about not flying for a while depending on when classes start up. She said currency is a factor but would not give me a timeframe, i.e. current w/in 2 months, 3 or more/less. I would hate to pool up and get the wave off if classes don't start for 6 months. I guess I may be buying some sim time if required.

I have other hooks in the water, 121/cargo/corp/fractional, but the phone remains quiet.

POPA 04-25-2008 06:00 AM


Originally Posted by stepchild (Post 372926)
MP,

Yes, I received the email tonight, "You can keep your interview date but....."

Next question, If hired (a big IF when I'm involved) and pooled, until Aug/Sep class date are you expected to stay current in flying? I retire in just a few weeks and will not be flying this summer so can just walk into my class then?

If you haven't interviewed yet, don't plan on being in class that early. We've got quite a few people who were just told they could pack their bags and head home until July or April. After they start going through class, then we have to wade through all the other people who are swimming right now. I'd say Sept/Oct would be a better bet, and be pleasantly surprised if you get in earlier.


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