Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Trans States Airlines (https://www.airlinepilotforums.com/trans-states-airlines/)
-   -   Trans States (https://www.airlinepilotforums.com/trans-states-airlines/58418-trans-states.html)

FlyingKat 10-14-2015 02:48 PM


Originally Posted by CBreezy (Post 1992389)
You can, but your enrolled friends and family require 3 days advanced notice so the travel office can issue them a ticket. It's in the memo. You could read it or I could explain it to you but the former is easier.

LOL not really interested in the AA flying so I haven't read that memo. Good to know I have another reason for avoiding the AA side....

LakeshoreFlyer 10-14-2015 03:03 PM


Originally Posted by Coneydog (Post 1992491)
So Vanguard?? Im interested in learning more about this investment option. Can we roll everything into this? Why is it better than Greet West?

Speaking in very general terms.... it's a no-brainer to invest with Great West at least to the point of getting your matching contributions.

Then comes the next question: do you like to invest in a tax-deferred method (401K) or pay your tax now and have it grow tax-free (Roth method). Again, speaking in a very general sense, it's advisable to invest 401K if you have a high tax burden now and makes more sense to invest in a Roth if you currently have a low-tax burden.

If you want to invest 401K then your only option is to use Great West. If you want to invest via Roth, you can open an account at Vanguard and invest automatically into your account. Most Vanguard funds require a minimum of investment of 3k.

Jack Bogle started Vanguard in the 70's (?). He is famous for starting the index fund. His company is generally regarded as the least expensive way to invest in the broad market. Do some Google or Youtube searches on this guy and you'll be pretty impressed. The advantage to investing via Vanguard is the lower cost and the tremendous amount of available investments.

I do not work in the investment community nor pretend to give any knowledgeable investment advice. This is just my personal opinion and suggest every individual do the required research to make their own best informed decision. I'm merely trying to point out that their are other retirement options available for one to invest in other than just the investment options in their own company sponsored 401k plan.

Coneydog 10-14-2015 03:26 PM


Originally Posted by LakeshoreFlyer (Post 1992629)
Speaking in very general terms.... it's a no-brainer to invest with Great West at least to the point of getting your matching contributions.

Then comes the next question: do you like to invest in a tax-deferred method (401K) or pay your tax now and have it grow tax-free (Roth method). Again, speaking in a very general sense, it's advisable to invest 401K if you have a high tax burden now and makes more sense to invest in a Roth if you currently have a low-tax burden.

If you want to invest 401K then your only option is to use Great West. If you want to invest via Roth, you can open an account at Vanguard and invest automatically into your account. Most Vanguard funds require a minimum of investment of 3k.

Jack Bogle started Vanguard in the 70's (?). He is famous for starting the index fund. His company is generally regarded as the least expensive way to invest in the broad market. Do some Google or Youtube searches on this guy and you'll be pretty impressed. The advantage to investing via Vanguard is the lower cost and the tremendous amount of available investments.

I do not work in the investment community nor pretend to give any knowledgeable investment advice. This is just my personal opinion and suggest every individual do the required research to make their own best informed decision. I'm merely trying to point out that their are other retirement options available for one to invest in other than just the investment options in their own company sponsored 401k plan.

Thanks for the summary. I'm looking into this.

livetofly2123 10-14-2015 05:41 PM

Hey guys,

I was wondering what to expect for the interview yes I have read previous post and the question has been asked so on Just important I have as much info as possible I have also looked at gouges and they are a little different. Do we do sims and should I have recieved a study packet to prepare or has those things long passed? The written test a huge deal?

CBreezy 10-14-2015 07:03 PM


Originally Posted by FlyingKat (Post 1992615)
LOL not really interested in the AA flying so I haven't read that memo. Good to know I have another reason for avoiding the AA side....

Canada, Raleigh and Cleveland overnights until further notice. What's not to like?

buddies8 10-15-2015 06:38 AM

Canada and Cleveland in the winter.

FlyingKat 10-15-2015 07:11 AM


Originally Posted by CBreezy (Post 1992752)
Canada, Raleigh and Cleveland overnights until further notice. What's not to like?

Raleigh is OK...nothing but Canada and Cleveland in the winter?!?!?!? YIKES :eek::eek:

Hope you like snow....

Case I 10-15-2015 08:24 AM


Originally Posted by livetofly2123 (Post 1992719)
Hey guys,

I was wondering what to expect for the interview yes I have read previous post and the question has been asked so on Just important I have as much info as possible I have also looked at gouges and they are a little different. Do we do sims and should I have recieved a study packet to prepare or has those things long passed? The written test a huge deal?

NO SIM! Repeat NO SIM-U-LA-TOR!!!
Don't obsess about it - If you have an ATP, or the requirements to get one, the job is yours to loose.
The interview is an informal, get-to-know-you with a senior pilot, a more junior pilot and occasionally an HR. It's mostly a BS session to determine if you are an arrogant ahole or stupid/lazy dork. If you can manage to avoid giving off those vibs for 30 minutes u r golden.
The test was FAR 101 - dirt simple. Q's are no higher than Commercial ticket level questions. No 121 stuff, no swept-wing aerodynamics, no calculations. 50 or 100 Q's I forget, but if it takes longer than 20 minutes, you should be applying at AutoZone, not an airline.
Come with a bag full of questions for them - company growth, vibility of non-wholly owned FFD's, life expectancy of the 50 seater, domiciles, schedules, what's PBS, etc. If you can keep them talking for 30 minutes, all the better, they will feel they know you and you won't have speak.
Believe us all when we say - THE REGIONALS ARE HURTING FOR PILOTS! If u want to get into this game, pick an airlinne with a domicile near your home and just schedule an interview, and BANG - you're here. Getting thru ground school may actually require a little effort, but getting hired is the EASY part.

CBreezy 10-15-2015 08:27 AM


Originally Posted by buddies8 (Post 1992933)
Canada and Cleveland in the winter.

That's sarcasm.

livetofly2123 10-15-2015 11:09 AM


Originally Posted by Case I (Post 1993004)
NO SIM! Repeat NO SIM-U-LA-TOR!!!
Don't obsess about it - If you have an ATP, or the requirements to get one, the job is yours to loose.
The interview is an informal, get-to-know-you with a senior pilot, a more junior pilot and occasionally an HR. It's mostly a BS session to determine if you are an arrogant ahole or stupid/lazy dork. If you can manage to avoid giving off those vibs for 30 minutes u r golden.
The test was FAR 101 - dirt simple. Q's are no higher than Commercial ticket level questions. No 121 stuff, no swept-wing aerodynamics, no calculations. 50 or 100 Q's I forget, but if it takes longer than 20 minutes, you should be applying at AutoZone, not an airline.
Come with a bag full of questions for them - company growth, vibility of non-wholly owned FFD's, life expectancy of the 50 seater, domiciles, schedules, what's PBS, etc. If you can keep them talking for 30 minutes, all the better, they will feel they know you and you won't have speak.
Believe us all when we say - THE REGIONALS ARE HURTING FOR PILOTS! If u want to get into this game, pick an airlinne with a domicile near your home and just schedule an interview, and BANG - you're here. Getting thru ground school may actually require a little effort, but getting hired is the EASY part.

Thanks for the info buddy I wasn't sure different gouges going on. Thought I might need some info prior like limitations or something from what I was reading and never got any. I have no airlines in my area so its a commute until i can move completely. Did you take a class with trans and if so when maybe ill see you around soon enough


All times are GMT -8. The time now is 02:12 AM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands