Delta cancels upcoming interviews

[Data]

Same old tired a$$ voodoo economics that people have been spouting since the 80's and hasn't worked yet. You tax more revenue goes up, it's really just that simple. The only people that actually benefit from trickle down economics are the ultra rich and the businesses that can increase their profit, turn around and bend over their employees farther.

Why do we never learn.

Uh oh, perhaps it isn't that easy...

http://www.cnbc.com/id/38467149

 

[jonjuan]

Completely agree. Getting rid of the Bush tax cuts would decimate any possibility of a recovery. Just say NO!

 

[Helos2Galaxy]

.........the completion of all interviews for the 2010 hiring push........we have chosen over 170 of the best candidates from over 5000 applicants.....our first class of returning furlough/bypass pilots will begin INDOC training on Monday, August 2nd and the first new hire class will begin training on August 16th. We anticipate holding two new hire classes each month for a three month period and all 305 pilots will be flying the line by the first quarter of 2011 in preparation for a heavy summer schedule.....

 

[andyd]

Just read that as well, hiring is done for this year...congrats to the 170 and welcome back to the other 135! For the other 4830, don't give up hope...as long as the economy keep plugging away we'll most likely have some more seats next year as well. Update your app monthly!

 

[jonjuan]

So, 135 BRs? No mention of the flows (or was it implied that they were part of the 170 "Best Candidates?")

 

[ACL65PILOT]

Good question. I assumed that was new hires and you add flows to it. So 60 CPS and 27 Mesaba plus the 170 and then BR's.

 

[andyd]

It wasn't broken down as far as how many BR's or flows., it did specifically mention 170 new hires. Guessing the 135 is a combination of flows and BR's.

 

[avrodriver]

Good question. I assumed that was new hires and you add flows to it. So 60 CPS and 27 Mesaba plus the 170 and then BR's.

The Code A Phone letter implies that classes will be held 2 a month over a 3 month period and that the 305 would be on-line by 1st quarter of 2011. Are they really planning 50 a class?

I know the Compass guys were told that after being held back to expect classes in Nov/Dec (???). If that's the case and the classes are only 30 a piece like we've heard then maybe there will be more classes for flows.

The letter doesn't seem to read that way though.

 

[cale42]

Man, I wanted to respond to data's post, but I don't think it would be nice to derail the thread a second time.. especially after witnessing the miracle of an FI thread being brought back on track. Someone should document this.

Thanks for the update on who got hired, I'm happy to hear that 305 actually will be going online, that there was no change in hiring projections.

And I think I'll take heart from the fact that there was only 5000 applications, I would have guessed more like 12 or 13K. So if 170 got hired out of 5000 thats 3.4%. Not exactly overwhelming odds, but at least they start with a whole number.

cale

 

[michael707767]

And I think I'll take heart from the fact that there was only 5000 applications, I would have guessed more like 12 or 13K.

I was 5000 about a month ago, with more coming in all the time. I would guess by the time Delta is doing more hiring, there will many, many more.

 

[NuGuy]

I was 5000 about a month ago, with more coming in all the time. I would guess by the time Delta is doing more hiring, there will many, many more.

Actually, this number is probably fairly accurate. When NWA fired up hiring in 07, they only had around 5k applications, and that was after a similar period of non-hiring in the industry. They made a big deal of that fact in a press release, and all of us who'd been through more than one rodeo kind of chuckled at that, seeing as numbers in the past had been far higher.

It is a far, far different time from 1996-97 when majors had the 12-13k of apps on file. Career paths are far less certain and the mil guys are staying in for the full ride.

Even assuming that a double dip recession is on the way, the FTDT regs are less than a year away...it's going to be an interesting time.

Nu

 

[Going2Baja]

Fresh off the shuttle bus tonight is a fresh guy who is interviewing tomorrow. Good news.

Baja.

 

[KNOTS]

Completely agree. Getting rid of the Bush tax cuts would decimate any possibility of a recovery. Just say NO!

Weren't those Bush tax cuts on the books during the largest economic collapse since the great depression? How exactly did they help, other than contributing to our growing national deficit?

 

[jonjuan]

Weren't those Bush tax cuts on the books during the largest economic collapse since the great depression? How exactly did they help, other than contributing to our growing national deficit?

Did you read the cnbc link above or are you completely retarded? Read it and then get back to the group here. Thanks.

 

[cale42]

Um.. alright, since you brought up the CNBC link again we will have to derail this thread again. Two views you can take here, cynical or pragmatic. Lets look at both.

Cynical - Deutsche Bank analysts probably take home in the range of 7 figure salaries and bonuses. The vast majority of their clients probably make 500K or more. They have a vested interest in seeing these tax cuts remain so they will make the data work for them. They say as bad as 1.5% but probably more like 1.1% decrease in GDP. So whats the as good as scenario, there is only the bad and the best guess presented. Maybe best case their is a small growth? But that doesn't help their clients invest more money with them.

Pragmatic. Maybe letting the cuts expire does directly affect the GDP slightly. However it does not predict how much consumer confidence might swing when the American people see the government doing something to help address the debt. How much of a gain might we see out of that? Where is that in the analysis.

Lastly, it says the GDP may shrink by 1.1%. Most of this discussion has been about tax revenues, nowhere does it predict how those might change. Even with a decrease in GDP tax revenues may rise significantly.

Oh.. and lets not forget most of these expert analysts predicted that there was no housing bubble and the economy couldn't crash in 09. So take anything they say with a big honking grain of salt.

More importantly.. Baja, you saw someone today going for a Delta interview tomorrow? That would be exciting.

cale