Training to resume Q1
#51
On Leave
Joined APC: Apr 2016
Position: CA
Posts: 63
They’re not haters, they’re clueless. We don’t teach or encourage fiscal literacy or responsibility in this country. It’s all about instant gratification and enjoying the moment. I’m always amazed when jumpseating and these very young regional FO’s are sporting nice watches, and talking about their vacations and toys. That stuff is great when you have discretionary income, but when you’re starting out, saving should be more important than spending, especially in this industry.
#52
Gets Weekends Off
Joined APC: Aug 2020
Posts: 2,219
That stereotype is funny and we definitely see it on social media, but not one of my RJ FOs has had a fancy watch or toys. With one exception in mind, all of my FOs live modestly and travel on the cheap if they go anywhere at all. I guess if you repeat a stereotype enough it becomes true.
#53
On Leave
Joined APC: Apr 2016
Position: CA
Posts: 63
I didn’t mean that those guys are the norm, but most people don’t save like they should. I realize that the single mother working 3 jobs just to keep the lights on and food on the table has zero cushion, but most people do. Most regional FO’s don’t have very much money, but they do make enough to be putting away 20% of what they do make. Another key to financial stability is not having kids until you can afford them. Those things are expensive, especially now that two are in college. 18 years of savings in a 529 plan goes quick.
#54
On Reserve
Joined APC: Jun 2018
Position: ERJ-175 FO
Posts: 16
I was putting money away back when I didn’t have money, sometimes it was just $50/month. We didn’t take vacations, we didn’t eat out, and we bought practical used cars and drove the wheels off of them. I’m 3/4 through my career now, and if I don’t invest another dime, I’ll be ok. By continuing to live within my means, avoiding debt, and continuing to invest, I’ll retire with zero difference in QOL once the paycheck stops. I’m always amazed at the captains that I fly with who are close to retirement with very little saved. They had boats, planes, expensive cars, big houses, and lived the airline lifestyle to the fullest. I can’t help but wonder how hard reality is going to hit them when the paycheck stops, but then again....... play stupid games, win stupid prizes.
#55
I don't have a family, but this is more or less what I've been doing (and would be doing if I had dependents back at home). It feels good to have a stable job, building my savings, and each paycheck even feels like it's a pretty good amount of money. Then I multiply the net pay by 12, and feel sad again. I'm just trying to pay my bills, eat, save, stay healthy, maybe buy a house some day. Can't even imagine with kids and stuff. I remember in my early days, flying with some new captains (while I was a new FO) and you could tell who came from money or had things always go their way. Now that I'm in a senior base flying with guys that have a wife and kids and normal obligations, I see a lot more "normal" guys and humility. And it's inspiring to see that if they can make it through the downturns, the $22/hr, the $36/hr, etc, we'll be alright in the long run. Some days it's just hard to keep that idea in the forefront of your mind.
#57
Line Holder
Joined APC: Feb 2020
Posts: 51
I agree that they probably won’t really need to open up interviewing or the people in the CJO limbo that much but I don’t know if I would rule it out 100%
It’s pretty clear the Q1 resume date is because they want to have good staffing over the summer. I can see them adjusting based on trends.
#58
Gets Weekends Off
Joined APC: Jul 2008
Posts: 4,203
500?? Only 240 (150 CRJ / 90 ERJ) you must be adding people with class dates.. fingers crossed. But honestly don’t hold your breath. Crazy world right now. There is no way they can say for sure, when hiring will begin..
#59
Line Holder
Joined APC: Jan 2020
Posts: 40
Serious answers only.
I was part of the group in March sent home and I was one of the lucky ones that found a full-time gig flying (better pay and QOL), but, it’s in a SE piston. Therefore, I’m not really becoming any more competitive on paper for any future jet opportunities (other than total time).
I’d be curious to hear some opinions. Sacrificing my seniority number in this 121 climate seems stupid, considering it could be years before off the street people get hired again, but forfeiting the pay I’m receiving, which allows me to sock away cash, pay debt, live comfortably, also seems stupid; especially if another downturn happens when we’re back in training or post and they sock us again.
So, what I’m asking, is do I A) resign here and jump back into training hoping it all goes well or B) sacrifice the number, stay comfortable, build a plan and join 121 when times are more stable.
I was part of the group in March sent home and I was one of the lucky ones that found a full-time gig flying (better pay and QOL), but, it’s in a SE piston. Therefore, I’m not really becoming any more competitive on paper for any future jet opportunities (other than total time).
I’d be curious to hear some opinions. Sacrificing my seniority number in this 121 climate seems stupid, considering it could be years before off the street people get hired again, but forfeiting the pay I’m receiving, which allows me to sock away cash, pay debt, live comfortably, also seems stupid; especially if another downturn happens when we’re back in training or post and they sock us again.
So, what I’m asking, is do I A) resign here and jump back into training hoping it all goes well or B) sacrifice the number, stay comfortable, build a plan and join 121 when times are more stable.
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