Another year?
05-31-2009 | 02:13 PM
#1
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From: CFI
Another year?
Right now, I'm in a position where I can wait about another year to see if things improve and hiring starts again. Past that point, I may decide/need to move on to something else. I don't want that to happen though.
Is there any real chance hiring could take place in that time frame, or are there just too many guys on furlough who need to be called back in order to make that happen?
I get the sense things are improving, but who knows. Michael Darda is a CNBC contributor and a prominent economist for a well-known hedge fund. Last year, he was as big a bear as there could be, but today he has become a raging bull on economic recovery. He's got a good track record. I just thought I would throw that out so I could end on a positive.
Any feedback would be appreciated.
Is there any real chance hiring could take place in that time frame, or are there just too many guys on furlough who need to be called back in order to make that happen?
I get the sense things are improving, but who knows. Michael Darda is a CNBC contributor and a prominent economist for a well-known hedge fund. Last year, he was as big a bear as there could be, but today he has become a raging bull on economic recovery. He's got a good track record. I just thought I would throw that out so I could end on a positive.
Any feedback would be appreciated.
05-31-2009 | 02:39 PM
#3
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From: Right...CL65
I'll just touch on this, i'm sure other people have more to chime in on in terms of where the industry is going, but i'll leave that up to them... It depends where you want to go. Gojets is hiring right now but you wouldn't want to go there. I'm sure with Republic getting more 190's, it won't be long before they start hiring. Again, that's a road you don't want to go down. As well as Mesa but I think they are just barely getting by now. As far as other regionals...I don't know what alot of them got coming up. I have heard that Air wisconsin, which is burning through furloughs at a pretty quick rate might be hiring sometime next spring.
05-31-2009 | 02:45 PM
#4
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From: Corporate Pilot
What do you mean?
It all depends upon what you mean by "hiring starting again". Places will start to hire again however it will be a long time before the industry sees some substantial hiring and 30 years to never before we see the likes of a few years ago.
SKyhigh
SKyhigh
05-31-2009 | 02:49 PM
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From: Right...CL65
Whacker, I suggest reading into some of the forums. That will give you a pretty good look into how the industry is. Might make you want to run away though... Keep in mind though that some people are always unhappy and will be complaining their entire lives. No matter where they are or what they are doing.
05-31-2009 | 02:54 PM
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05-31-2009 | 02:58 PM
#7
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From: On the road
It's impossible to know what the time frame will be before hiring resumes. However, you can count on this....at some point everyone will start a slow hiring process. That will turn into hiring like gangbusters right up until the day that they all furlough, and the cycle will repeat over and over. History repeats itself in this industry time and time again.
05-31-2009 | 03:05 PM
#8
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From: ERJ
Of course there is going to be negative comments that is the reality of the industry. Do you want people to get on here and lie and tell him it will soon be amazing and after a few short years at a regional he will be pulling down the big bucks at a major. Truth of the matter is no one can predict the future but if the past is any indication of a trend then it does not look good. Majors are shrinking so is the pay, regionals are getting larger and larger planes furloughs are looming at most carriers ect.. This current trend has continued unabated for some time with very little positive news. All you can really do is take the wait and see approach and just hope for the best.
05-31-2009 | 03:09 PM
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6-10 months after any sort of economic recovery (airlines lag other industries), and then factor in the point where the effects of age 65 start wearing off...those two variables are complete unknowns...I'm banking on 2012, b/c it's been said it will be the end of the world before there is a pilot shortage, and well, you know, all those people say the world is coming to an end in 2012...so you'll see a huge boom in pilot hiring and attrition right before the world comes to an end...
At least I'll have marketable skills in hades...because, you know, it's evil to make people ride in RJs, so I'm sure there are lots of them down there...
At least I'll have marketable skills in hades...because, you know, it's evil to make people ride in RJs, so I'm sure there are lots of them down there...
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