Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
Projected Retirement in the next 18 months >

Projected Retirement in the next 18 months

Search

Notices
Regional Regional Airlines

Projected Retirement in the next 18 months

Thread Tools
 
Search this Thread
 
Old 08-31-2010, 10:07 AM
  #31  
Moderator
 
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Default

Originally Posted by Captain Tony
Duvie said it all.

"A bird in hand is worth two in bush". There's no justifiable reason for me to walk away from a fine job now in hopes that I could have a better job in a few years (that is if oil doesn't again hit $150 a barrel sparking more furloughs).

However, if these contracts end, mainline forces the retirement of RJs, or there's some other reason I will have to get a new job, thanks to the massive retirements over the next 10 years, I'll have no problem doing so.

I think I'll take my chances right here until then.
And that's exactly what you're doing. Thats what I did. Anybody who stays or goes is taking a risk. No one is any more safe or secure by staying at a regional. Look at ACA/Indy, Comair, Mesa, etc. It can end anywhere, anytime. It's unlikely oil will hit $147 a barrel again as speculation has been made illegal.
johnso29 is offline  
Old 08-31-2010, 10:27 AM
  #32  
Prime Minister/Moderator
 
rickair7777's Avatar
 
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,016
Default

Originally Posted by johnso29
It's unlikely oil will hit $147 a barrel again as speculation has been made illegal.

Correction...unlikely anytime in the near future.

But eventually the oil will start to run out for real...at that point larger airplanes really are more cost-effective. Frequency will be trumped by price and you will have 777 doing LAX-SFO...on Mon/WED/FRI/SUN. Unless a cost-effective Jet A alternative is available in mass-production quantities, airplanes will start to disappear, smallest ones first. When? Who knows for sure...but sometime this century and I suspect somewhat sooner rather than later.
rickair7777 is offline  
Old 08-31-2010, 10:29 AM
  #33  
Moderator
 
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Default

Originally Posted by rickair7777
Correction...unlikely anytime in the near future.

But eventually the oil will start to run out for real...at that point larger airplanes really are more cost-effective. Frequency will be trumped by price and you will have 777 doing LAX-SFO...on Mon/WED/FRI/SUN. Unless a cost-effective Jet A alternative is available in mass-production quantities, airplanes will start to disappear, smallest ones first. When? Who knows for sure...but sometime this century and I suspect somewhat sooner rather than later.
Agreed, but I think an alternative will be developed and in production by then.
johnso29 is offline  
Old 08-31-2010, 10:40 AM
  #34  
Prime Minister/Moderator
 
rickair7777's Avatar
 
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,016
Default

Originally Posted by johnso29
Agreed, but I think an alternative will be developed and in production by then.
I think it's entirely feasible technically...I just don't have a warm fuzzy that our industry (or government) leaders are capable of thinking that far ahead. Thye not only have to find and certify a solution, they have to somehow create enough production and distribution infrastructure to feed the beast. They generally don't want to spend any money on long-term problems since that would impact next quarter's financial performance and associated bonuses

Maybe the guvmint will take care of it after it becomes a crisis.
rickair7777 is offline  
Old 08-31-2010, 10:55 AM
  #35  
Moderator
 
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Default

Originally Posted by rickair7777
I think it's entirely feasible technically...I just don't have a warm fuzzy that our industry (or government) leaders are capable of thinking that far ahead. Thye not only have to find and certify a solution, they have to somehow create enough production and distribution infrastructure to feed the beast. They generally don't want to spend any money on long-term problems since that would impact next quarter's financial performance and associated bonuses

Maybe the guvmint will take care of it after it becomes a crisis.
Yeah & another problem IMO is getting the FAA to give the thumbs up on it. You know it'll have to be phased in & that could take 10 years from when it's first allowed.
johnso29 is offline  
Old 08-31-2010, 12:51 PM
  #36  
Gets Weekends Off
 
TonyWilliams's Avatar
 
Joined APC: Jan 2007
Position: Self employed
Posts: 3,048
Default

Originally Posted by Cycle Pilot
AND I don't have any Accra or Lagos layovers.

Let me tell ya... Accra is paradise compared to Lagos.
TonyWilliams is offline  
Old 08-31-2010, 01:29 PM
  #37  
Prime Minister/Moderator
 
rickair7777's Avatar
 
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,016
Default

Originally Posted by johnso29
Yeah & another problem IMO is getting the FAA to give the thumbs up on it. You know it'll have to be phased in & that could take 10 years from when it's first allowed.
My understanding is that the FAA at least understands how critical this could be and is already working with ASTM and researchers on this. Also I think if ASTM certifies a fuel to the "JET A" standard, nothing else would be required from the FAA. They don't certify fuels, they certify airplanes, which come with a specified fuel requirement from the factory, which would be reference an ASTM standard (or equivalent standard for Russian, etc fuels)
rickair7777 is offline  
Old 08-31-2010, 02:55 PM
  #38  
Gets Weekends Off
 
hoserpilot's Avatar
 
Joined APC: Jan 2008
Position: maddoggy dog
Posts: 1,026
Default

Tony is right....Lagos sucks!!! The beer hurts your head. As far as regional vs major. My life is waaaay better at a major. More pay, more time off, more money in my DB plan, more flexibility (brokerage link) with 401k, less legs per day/year, no more "wow, this plane is small!", weekends off, christmas off, new years off, a contract....not a policy manual..... I could go on and on.

I do miss the younger crews and the family atmosphere of my old California regional base. Too bad the best Cali bases closed. The job security issue was a concern but my goal was not to reach the peak of my career in an RJ and stagnate for the next 30 years. Projected retirements helped reinforce the career advancement opportunity at a major. The guys senior to me were serious lifers at my old job.... I wasn't moving up till they kicked the bucket.

I felt I worked for the best regional and had many good years under my belt. Life would've been comfortable if I stayed but life is awesome now. I'll tell you in 30 years if I made the right decision.


For those who remember this....A decade ago the skywest policy manual really was printed on brown paper. We joked that it was used toilet paper and wasn't worth $hit. Sure is nice having a contract now and the benefits that go with it.

Even if the economy just drags along like this there are many many retirements at all airlines starting in a couple years. Maybe Kit Darby will finally be vindicated!!!!!
hoserpilot is offline  
Old 09-02-2010, 05:05 AM
  #39  
Gets Weekends Off
 
Joined APC: Jul 2008
Position: CL-65 CA
Posts: 246
Default

Originally Posted by C5Pilot
Exactly, many 3rd year mainline pilots are making more money, holding an international line doing one leg a day when an 10 year RJ lifer makes $85-90 doing 5-6 legs a day, I just don't get it. I get not wanting to do Cargo at 18 days a month, heck go to Netjets and work 6 months a year.
You are clueless. "heck go to Netjets and work...." Yeah, golly gee why don't you?
logic1 is offline  
Old 09-02-2010, 05:51 AM
  #40  
Gets Weekends Off
 
Joined APC: Jan 2008
Posts: 888
Default

Originally Posted by Cycle Pilot
I average about the same amount of time at home as I did at my regional because of the improved reserve work rules (and I commute to reserve from CA to NYC!). I also make more money now (on 3rd year pay) than I ever would have seen at my regional, plus the company is putting 13% into my retirement without me doing a thing. AND I don't have any Accra or Lagos layovers. I'm also not working for a contract carrier. To each their own, but I think it's a much bigger risk staying at a regional right now than moving on to a major.

Anyway... sorry for the thread creep.
Maybe so and I'm not advocating staying at a regional forever, however people forget Little airlines like... Eastern and Pan Am. How do you think that 10 year FO at Pan Am felt when they said.. oh by the way.. we're closing up shop you'll never get your upgrade.... Everything has it's risks. Majors can go out just as easily.
Blueskies21 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
FlyHigh423
Major
11
05-08-2010 07:28 AM
SkyWestPilot
Money Talk
7
06-08-2009 02:26 PM
ugflyer
Regional
43
02-11-2009 02:06 PM
vagabond
Money Talk
2
11-23-2008 02:39 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices