Quote:
How’s IOE?
WHEN the next downturn occurs, I’ll be happy to be right where I am.
Not in my middle ages and flying as a CFI because I got furloughed.
Didn't you say that when you were put on the street by TWA, US Air and AA?Originally Posted by Retractable
🤘🏿How’s IOE?
WHEN the next downturn occurs, I’ll be happy to be right where I am.
Not in my middle ages and flying as a CFI because I got furloughed.
Nobody is safe from the industry and economy. You aren't any more safe at NJA, in fact your situation is more precarious for a number of reasons. When Uncle Warren dies and BH doesn't feel like supporting a business that doesn't move the needle in terms of profit and returns, it can be put up for liquidation overnight. Very few airlines, like maybe 2, could go away tomorrow, and not completely disrupt world travel. NJA could go away tomorrow and everyone will just buy Flex shares, hell there are more private jets in South Florida than the entire NJA fleet. That and when all those annual Wall St bonus checks don't turn into jet cards and fractional ownership, it will be a rinse and repeat of 2008. I don't care if the owner contracts where "fixed" or not. When everyone wants to sell, it will be disastrous.
Try thinking about somebody other than yourself. You might survive the next furlough but many of the guys you screw over by extending more than any other captain, won't be so lucky.