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Originally Posted by JetJock16
(Post 645744)
But in this down economy Lift is almost equal to Demand. Yes lift more than likely will fall another 10% or so but it can't go much further (industry wide we’re running at over 80% capacity). If UAL or someone else goes under their lift will have to be completely replace so I’m sure O will work out some purchase agreement between one of the other healthier carriers much like Wells Fargo and Wachovia. I’m not a fan of O but he will not let a company the size of UAL go under.
Lift may be 80%, but I find that hard to believe. Many are STILL furloughing, many are reducing lift (DAL, AMR). Lift is subjective because it is controlled by management. C'mon, you're on the DAL side, SKYW my be seeing 80% loads, but what is happening to the other DAL regionals? Their flying is being reduced. Those who control the airframes control the lift. They influence it, not the passengers. I use to see that with Airways back years ago... 3 flights going to BWI, the 1st 1/3 full, but the 2nd was 1/2 full. they cancel the 1st and move everyone to the 2nd to get a full flight. They would swap the airframe to somewhere else or keep it as a spare. Sure loads were up, but they really weren't. It was completely manipulated. |
Even if there is this big "boom" come 2012, what makes everyone think that a regional captain that's been forced to stay at a regional for a number of years due to major level hiring freezes, who now has 6-9 years seniority making $100K at their regional will jump at the chance to move to the right seat of a major (when this boom begins) for $35K a year????
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Yup, lots of retirements in the future, but lots of new pilots being created every year to compete for those jobs......
Original airmen certificates issued by Category: 2000 (for reference) 7,715 new ATP's 11,213 new Commercial Pilot Certificates . . . . 2005 4,750 new ATP's 8,834 new Commercial Pilot Certificates 2006 4,748 new ATP's 8,687 new Commercial Pilot Certificates 2007 5,918 new ATP's 9,318 new Commercial Pilot Certificates 2008 5,204 new ATP's 10,595 new Commercial Pilot Certificates Take a look at the numbers- there's a huge decrease in demand for professional pilots now and the next few to several years, yet the "system" is still creating more pilots than what was needed when demand was "normal." And remember we had an oversupply of pilots in the business BEFORE the downturn. Note that this isn't 15,000-ish new ATP's AND Commercial Pilot Certificates because you need a Commercial Pilot Certificate to get an ATP, but we're still creating alot (thousands) of new pilots EVERY YEAR who won't be able to find employment for years......that's a huge backlog if they decide to stay in the business and if the industry starts hiring. Plus you have to consider the military pilots who will get out...if there is a "hiring boom" in the future, they'll start getting out of the miliary earlier just like they did in the mid 90's and early 00's instead of staying in for their 20. Then you have the guys that did get their 20 in and want to leave. Plus you have to consider all the guys on the street from furloughs. Yeah, they might be doing something else now, but maybe they're just working those jobs waiting for a better opportunity in the future. Pilot certificates and flight hours don't expire. If there's a "hiring boom" in the future, that means a pilot that has flown in a few years could get hired by a desperate regional airline or flight instruct for a few months to "get current" then get hired. As long as regional airlines have a fat supply of pilots, they can offer low wages because if one pilot doesn't take the job, 10 other guys will. I don't see much hope for the future unless we see some significant ASM growth in the industry. Hopefully people entering the profession nowadays are getting a degree in something else while they wait out whatever "hiring boom" that is supposedly going to be happening in the future. I wouldn't hold my breath. |
A 5 year moratorium on commercial/ATP certs would fix that. :D :p
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Originally Posted by WhizWheel
(Post 645773)
Even if there is this big "boom" come 2012, what makes everyone think that a regional captain that's been forced to stay at a regional for a number of years due to major level hiring freezes, who now has 6-9 years seniority making $100K at their regional will jump at the chance to move to the right seat of a major (when this boom begins) for $35K a year????
A major isnt a sure bet either but again it all comes down to Risk vs Reward to each individual. |
Originally Posted by globalexpress
(Post 645776)
Yup, lots of retirements in the future, but lots of new pilots being created every year to compete for those jobs......
Original airmen certificates issued by Category: 2000 (for reference) 7,715 new ATP's 11,213 new Commercial Pilot Certificates . . . . 2005 4,750 new ATP's 8,834 new Commercial Pilot Certificates 2006 4,748 new ATP's 8,687 new Commercial Pilot Certificates 2007 5,918 new ATP's 9,318 new Commercial Pilot Certificates 2008 5,204 new ATP's 10,595 new Commercial Pilot Certificates Note that this isn't 15,000-ish new ATP's AND Commercial Pilot Certificates because you need a Commercial Pilot Certificate to get an ATP, but we're still creating alot (thousands) of new pilots EVERY YEAR who won't be able to find employment for years......that's a huge backlog if they decide to stay in the business and if the industry starts hiring. Plus you have to consider the military pilots who will get out...if there is a "hiring boom" in the future, they'll start getting out earlier just like they did in the mid 90's and early 00's instead of staying in for their 20. Plus you have to consider all the guys on the street from furloughs. Yeah, they might be doing something else now, but maybe they're just working those jobs waiting for a better opportunity in the future. Pilot certificates and flight hours don't expire. If there's a "hiring boom" in the future, that means a pilot that has flown in a few years could get hired by a desperate regional airline or flight instruct for a few months to "get current" then get hired. As long as regional airlines have a fat supply of pilots, they can offer low wages because if one pilot doesn't take the job, 10 other guys will. I don't see much hope for the future unless we see some significant ASM growth in the industry. Hopefully people entering the profession nowadays are getting a degree in something else while they wait out whatever "hiring boom" that is supposedly going to be happening in the future. I wouldn't hold my breath. Flight schools are having a much harder time attracting pilots now and that statistic will be lagged. we'll see |
Originally Posted by dondk
(Post 645767)
excellent points. Mergers are #1 on my list. No one needs to be running 10 flights a day into BFE because 2 big boys merged and now you have the mainline and regional redundancy.
Lift may be 80%, but I find that hard to believe. Many are STILL furloughing, many are reducing lift (DAL, AMR). Lift is subjective because it is controlled by management. C'mon, you're on the DAL side, SKYW my be seeing 80% loads, but what is happening to the other DAL regionals? Their flying is being reduced. Those who control the airframes control the lift. They influence it, not the passengers. I use to see that with Airways back years ago... 3 flights going to BWI, the 1st 1/3 full, but the 2nd was 1/2 full. they cancel the 1st and move everyone to the 2nd to get a full flight. They would swap the airframe to somewhere else or keep it as a spare. Sure loads were up, but they really weren't. It was completely manipulated. http://www.skywestonline.com/Admin/S...%20Traffic.pdf When I commute to work on mainline I'm in the jumpseat 99% of the time with just a handful of seats open for non-revs. You should know that the 80+% is an average which means there are flying going out at 50% capacity and there are flights that are oversold by 5% or so. Certain markets will see the bulk of the capacity reductions and once the next round is complete there will only be one direction to go. |
Originally Posted by WhizWheel
(Post 645773)
Even if there is this big "boom" come 2012, what makes everyone think that a regional captain that's been forced to stay at a regional for a number of years due to major level hiring freezes, who now has 6-9 years seniority making $100K at their regional will jump at the chance to move to the right seat of a major (when this boom begins) for $35K a year????
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Originally Posted by PILOTGUY
(Post 645859)
Second year pay at UPS is WELL above what any regional captain is making, or going to make. First year FedEx is $58. I think the majority would be willing to "jump".
The risk of furlough, as it stands today, outweighs future monetary gains. JMHO for the conversation. |
Originally Posted by DeltaPaySoon
(Post 645866)
I, obviously, can't speak for others but unless the entire system is showing progress with the majority hiring, I seriously doubt I would even entertain a flow through if it was offered right now. (No jokes on flow through needed....we've all heard them. To all, not PilotGuy.)
The risk of furlough, as it stands today, outweighs future monetary gains. JMHO for the conversation. Evidently you only see Trees ;) |
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