Who's gotten a lay off?

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KAG
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Re: Who's gotten a lay off?

Post by KAG »

Any young pilots on here, go get a northern job now. I rode out the 911 crash with ease flying king airs. the north will not suffer like the rest of the country - medivac, sched service into the reserves will go on. grab a turbo prop job and honestly enjoy some actual fun flying.
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phillyfan
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Re: Who's gotten a lay off?

Post by phillyfan »

I have seen 4 industry downturns. This one will be massive. It will take out everything from Float Operations to Wide Body Jet jobs and it will take a decade to recover, if it ever does return to the level we were at. Peoples investments are gone, interest rates are zero, so there is nowhere for governments to go in an attempt to ease the pain. This is a depression. The question now is not will people still be pilots. The question is. Will people be able to afford food? Will social order collapse? People have not started to miss paychecks yet. Revisit this thread in a month.
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JohnnyHotRocks
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Re: Who's gotten a lay off?

Post by JohnnyHotRocks »

Unfortunately I think you are right
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nottellin
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Re: Who's gotten a lay off?

Post by nottellin »

phillyfan wrote: Tue Mar 17, 2020 9:40 am I have seen 4 industry downturns. This one will be massive. It will take out everything from Float Operations to Wide Body Jet jobs and it will take a decade to recover, if it ever does return to the level we were at. Peoples investments are gone, interest rates are zero, so there is nowhere for governments to go in an attempt to ease the pain. This is a depression. The question now is not will people still be pilots. The question is. Will people be able to afford food? Will social order collapse? People have not started to miss paychecks yet. Revisit this thread in a month.
I disagree, while the world collectively presses pause, the same people with the same dreams, drives and skills will be there to start up the demand driven engines of world trade once we get a handle on this like with a vaccine. The world will look different due to the eye popping levels of debt that are out there, but it seems everyone is on the same page. The world is a much different place then 1928.
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tbaylx
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Re: Who's gotten a lay off?

Post by tbaylx »

phillyfan wrote: Tue Mar 17, 2020 9:40 am I have seen 4 industry downturns. This one will be massive. It will take out everything from Float Operations to Wide Body Jet jobs and it will take a decade to recover, if it ever does return to the level we were at. Peoples investments are gone, interest rates are zero, so there is nowhere for governments to go in an attempt to ease the pain. This is a depression. The question now is not will people still be pilots. The question is. Will people be able to afford food? Will social order collapse? People have not started to miss paychecks yet. Revisit this thread in a month.
This is by the far the largest downturn in aviation in history. It's a demand suppression though, and will bounce back quickly in a few months once the Covid 19 virus is under control. V shaped bottom and a buying opportunity of a lifetime in the markets.
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DanWEC
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Re: Who's gotten a lay off?

Post by DanWEC »

tbaylx wrote: Tue Mar 17, 2020 6:42 pm
phillyfan wrote: Tue Mar 17, 2020 9:40 am I have seen 4 industry downturns. This one will be massive. It will take out everything from Float Operations to Wide Body Jet jobs and it will take a decade to recover, if it ever does return to the level we were at. Peoples investments are gone, interest rates are zero, so there is nowhere for governments to go in an attempt to ease the pain. This is a depression. The question now is not will people still be pilots. The question is. Will people be able to afford food? Will social order collapse? People have not started to miss paychecks yet. Revisit this thread in a month.
This is by the far the largest downturn in aviation in history. It's a demand suppression though, and will bounce back quickly in a few months once the Covid 19 virus is under control. V shaped bottom and a buying opportunity of a lifetime in the markets.

100%. It may trigger a small recession but nothing that had an underlying economic cause.
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altiplano
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Re: Who's gotten a lay off?

Post by altiplano »

Did I just hear what I thought?

It's not for me to say. But unreal. I didn't think I'd see that... Let's put this behind us. I know it means nothing, but best hopes guys.
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gustind
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Re: Who's gotten a lay off?

Post by gustind »

Edited.
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Last edited by gustind on Thu Mar 19, 2020 5:28 pm, edited 1 time in total.
Daniel Gustin
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Re: Who's gotten a lay off?

Post by derateNO »

Yup just heard. Dang.

Says they will try to do other voluntary stuff first.

Maybe some of the original "owners" who sold their millions of dollars of stock can go enjoy the lakehouse permanently.
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co-joe
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Re: Who's gotten a lay off?

Post by co-joe »

What bothers me is that the of 2 curves we keep seeing, the first one more people die, but it's over quickly. The second one, the health care system has time to cope but it drags on 3 times as long. We're literally sacrificing the good of the many for the needs of the few. Shitty catch 22 to be in.
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CPT.HarshColdReality
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Re: Who's gotten a lay off?

Post by CPT.HarshColdReality »

I agree. Survival of the fittest. Only then balance will be found on Earth.
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GoinVertical
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Re: Who's gotten a lay off?

Post by GoinVertical »

691 WJ/Swoop
249 Encore

How many pilots does Sunwing have?

I only have to think AC/Express will have to closely follow suit.

This is going to be a staggering number of people out of work. :(
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47north
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Re: Who's gotten a lay off?

Post by 47north »

How many pilots in total at WJ/Swoop and Encore?
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photofly
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Re: Who's gotten a lay off?

Post by photofly »

co-joe wrote: Tue Mar 17, 2020 8:10 pm We're literally sacrificing the good of the many for the needs of the few. Shitty catch 22 to be in.
It's not shitty at all. It's basic ethics. I'll happily sacrifice your money so my relatives don't die. Not a difficult choice in any sense. In fact, without a second thought, I will sacrifice my money so your relatives don't die. See how easy this is?
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sjatana
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Re: Who's gotten a lay off?

Post by sjatana »

Keep your chin up, folks. We'll get through this, however long it takes. My advice to any person in flight training - look closely at what's happening and if you still want it bad enough you got the bug ;) And don't throw all your eggs in one basket. Keep growing and learning, especially outside of aviation.

Stay in high spirits,
Soon to be laid off
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altiplano
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Re: Who's gotten a lay off?

Post by altiplano »

It's a tough choice - catch 22 was said - and just to put out the contrarian idea...

People will die either way, and not just from the disease. With the shutdown of the economy families go bankrupt, people end up on the street, kids lose their futures... so some already health marginalized people can have slightly longer lives... the other side would be that if this virus is going to kill you, lock your door and be careful for the next 30 days, 60 days, whatever, and the rest of us that can handle a cold will keep the world turning.

However it goes... we'll all get out the other end, the world will recover.
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DHQ
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Re: Who's gotten a lay off?

Post by DHQ »

GoinVertical wrote: Tue Mar 17, 2020 8:41 pm 691 WJ/Swoop
249 Encore

How many pilots does Sunwing have?

I only have to think AC/Express will have to closely follow suit.

This is going to be a staggering number of people out of work. :(
Sunwing has about 475 or so.
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goleafsgo
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Re: Who's gotten a lay off?

Post by goleafsgo »

GoinVertical wrote: Tue Mar 17, 2020 8:41 pm 691 WJ/Swoop
249 Encore

How many pilots does Sunwing have?

I only have to think AC/Express will have to closely follow suit.

This is going to be a staggering number of people out of work. :(
Is that just pilots? Or are f/a's and others included in that number?
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RockSalty
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Re: Who's gotten a lay off?

Post by RockSalty »

goleafsgo wrote: Tue Mar 17, 2020 10:28 pm
GoinVertical wrote: Tue Mar 17, 2020 8:41 pm 691 WJ/Swoop
249 Encore

How many pilots does Sunwing have?

I only have to think AC/Express will have to closely follow suit.

This is going to be a staggering number of people out of work. :(
Is that just pilots? Or are f/a's and others included in that number?
It was announced earlier that 50% or so of westjet FAs were going to be laid off, so those are just pilot numbers
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mixturerich
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Re: Who's gotten a lay off?

Post by mixturerich »

GoinVertical wrote: Tue Mar 17, 2020 8:41 pm
This is going to be a staggering number of people out of work. :(
There’s no sugar coating it or downplaying it anymore.

This is a global economic disaster.
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