Good news everybody!
#31
If the majors are cautious in their expansion plans, i wouldn't expect much anytime soon. Part of the reason they're said to be making money, is the lower fuel costs being offset by the flight reductions and personnel cuts throughout the system. When you add all the factors together, they'll be turning profits for 09, if things stay the way they are. With the world economy going down, it'll further the pain, but hopefully, will recover before to long.
Would seem odd though that they're expecting a lot of hiring to resume at the regional airlines causing a pilot shortage. If the majors do begin hiring, a couple will still be calling back furlough's for a while (american and united), before the hiring can really resume. No one knows how the DAL/NWA merger will effect hiring at the new DAL yet, so that will be a wait and see also. Then, the regional airlines who'll be getting these brand spanking new airplanes, will be recalling their furloughed pilots as well, and will most likely be getting their fleets back up to pre-furlough capacity before they start on some rapid expansions.
All in all, besides the guys who are hiring now, might be a little longer before the rest of the regional industry starts running around like crazy looking for pilots.
I'd also like to see the feasibility of larger aircraft (MD-80's, 717's, and 737's) come full circle. It'd be much better for the ATP grads to need no expansion at the regional level to support their career advancement, and simply attrition from the regional airlines as pilots are able to move up to mainline, because of the expansion of of short haul, (full overhead bin) type of service.
Would seem odd though that they're expecting a lot of hiring to resume at the regional airlines causing a pilot shortage. If the majors do begin hiring, a couple will still be calling back furlough's for a while (american and united), before the hiring can really resume. No one knows how the DAL/NWA merger will effect hiring at the new DAL yet, so that will be a wait and see also. Then, the regional airlines who'll be getting these brand spanking new airplanes, will be recalling their furloughed pilots as well, and will most likely be getting their fleets back up to pre-furlough capacity before they start on some rapid expansions.
All in all, besides the guys who are hiring now, might be a little longer before the rest of the regional industry starts running around like crazy looking for pilots.
I'd also like to see the feasibility of larger aircraft (MD-80's, 717's, and 737's) come full circle. It'd be much better for the ATP grads to need no expansion at the regional level to support their career advancement, and simply attrition from the regional airlines as pilots are able to move up to mainline, because of the expansion of of short haul, (full overhead bin) type of service.
#32
#34
That all would be really nice if it happened, but I'm not feeling too optimistic about it. All you here on the front line is the big F in January.
#35
#36
AllATP's says you're all gonna get hired next year!
The Majors Are Making Money, So A Pilot Shortage Is Not Far Away!
By Paul Templeton on December 9, 2008 4:52 PM | No TrackBacks
In June of 2008 the price of a barrel of oil began to climb inexplicably from the price range it had occupied for years to over $145 per barrel in July. Airlines in turn accelerated plans to park antiquated fuel-guzzling airplanes such as the MD-88, older 737s and even 747s, and looked for other ways to cut costs.
While their cost-cutting plans were being put into place, the price of oil was already coming back down. Airlines have had to take hits for late ill-timed attempts at fuel hedging, but most of that was in the 3rd quarter, clearing the way for fourth quarter profitability and clearer sailing in 2009. Airlines will continue to charge the fees put place during the tough times. These fees, which once barely offset the extreme fuel prices, are now hugely profitable. As oil prices continue to decline and the economy returns to life, the profit margins of the major airlines will continue to grow.
Over the next year Airlines will start expanding again for competitive reasons and when that happens they will try to go after some of the smaller markets abandoned in 2008, and will avoid the same mistakes made in the past when gas guzzlers were placed on those routes. The Major Airlines will assign that flying to their Regional Airline partners who will fly to those smaller cities in fuel-efficient new generation Regional Jets such as the CRJ-700/900 and CRJ-1000, or the EMB-175 or the EMB-195.
At that time, there is sure to be a severe pilot shortage and the demand for pilots will be very high due to:
Paul Templeton is ATP’s Regional Jet Program Director, and a regular contributor to PilotJobs.com.
The Majors Are Making Money, So A Pilot Shortage Is Not Far Away!
By Paul Templeton on December 9, 2008 4:52 PM | No TrackBacks
In June of 2008 the price of a barrel of oil began to climb inexplicably from the price range it had occupied for years to over $145 per barrel in July. Airlines in turn accelerated plans to park antiquated fuel-guzzling airplanes such as the MD-88, older 737s and even 747s, and looked for other ways to cut costs.
While their cost-cutting plans were being put into place, the price of oil was already coming back down. Airlines have had to take hits for late ill-timed attempts at fuel hedging, but most of that was in the 3rd quarter, clearing the way for fourth quarter profitability and clearer sailing in 2009. Airlines will continue to charge the fees put place during the tough times. These fees, which once barely offset the extreme fuel prices, are now hugely profitable. As oil prices continue to decline and the economy returns to life, the profit margins of the major airlines will continue to grow.
Over the next year Airlines will start expanding again for competitive reasons and when that happens they will try to go after some of the smaller markets abandoned in 2008, and will avoid the same mistakes made in the past when gas guzzlers were placed on those routes. The Major Airlines will assign that flying to their Regional Airline partners who will fly to those smaller cities in fuel-efficient new generation Regional Jets such as the CRJ-700/900 and CRJ-1000, or the EMB-175 or the EMB-195.
At that time, there is sure to be a severe pilot shortage and the demand for pilots will be very high due to:
- Major Airlines who will begin to hire pilots from the ranks of Regional Airlines as they expand.
- Presently furloughed pilots being hired for lucrative jobs overseas in emerging airline markets in the Europe, the Middle East, Asia and the Pacific Rim.
- An extreme shortage of students presently training for airline pilot positions.
Paul Templeton is ATP’s Regional Jet Program Director, and a regular contributor to PilotJobs.com.
P.S. He is already lining up the EMB-195s for the regionals. Thanks Paul, whats next the 320 for MESA?
#38
#39
Good ol' Echo Victor. And really, I don't have any secret conversations with higher-ups to cite, or legit rumors from the back of the crew bus. But it just seems to me like a lot of reasons to F, and not so many not to...Thoughts?
#40
if we can't pick up any new flying I think it could happen. I am not sure what the lines on the 50 look like but they are really spreading out the hours on 70. There are quite a few lines with credits in the 50's and 60's. I like that the company is doing just about everything to prevent furlough but I am just wondering how long they can keep it up. Keeping my fingers crossed!
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