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getting an airline job with a bankrupt record

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argpilot

Active member
Joined
Sep 5, 2004
Posts
28
does anyone know about getting an job with teh regionals or the mayor with a bankrupt background???

is it posible???

Thankssss
 
argpilot said:
does anyone know about getting an job with teh regionals or the mayor with a bankrupt background???

is it posible???

Thankssss
Shouldn't be a problem at all, practically all the majors are in Bankruptcy... It will give you a good "point in common"...
 
All the majors

All the majors have long list of laid off pilots to go through before any hiring starts. It will mid 2007 before any of the legacy carriers start hiring again. The question is who would want to leave a job with decent seniority to go to the bottom of the list on an airline that might not make it. Their are alot of sorry guys who had decent senority and left SWA, Spirit, and Comair in 2000 and 2001 to go to DAL, AA, UAL.
 
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Falcon,

I was going for the same joke but you beat me to it!

As for answering the question...it probably wouldn't come up in an interview but some airlines do credit checks during the selection process and also have in their operations manuals/pilot working agreements that their pilots are to keep thier finiancial affairs in order and not bring discredit to the company.

I imagine they just dont want bill collectors calling the airline...financial instability adds a lot of stress to the employee, etc.

Again, I doubt it'd come up in an interview but you'd want to be prepared to address it all the same.
 
argpilot said:
does anyone know about getting an job with teh regionals or the mayor with a bankrupt background???

is it posible???

Thankssss
Is that the new trend? Take on a 100,000 in student loans to go to flight school, then file bankruptcy to get out of it?
 
FN FAL said:
Is that the new trend? Take on a 100,000 in student loans to go to flight school, then file bankruptcy to get out of it?
I thought, but could be wrong, that student loans cannot be included in a bankruptcy.
 
flyifrvfr said:
I thought, but could be wrong, that student loans cannot be included in a bankruptcy.
I believe you are correct, they changed the law a few years back because people were doing just that, taking out huge loans for school, getting their education (which no one can ever take away from you) and then defaulting on the loans...
 
pilotyip said:
It will mid 2007 before any of the legacy carriers start hiring again.
LOL!!!!!!!!! I love the crystal ball... You do realize if you are wrong (even by 1 quarter) you will never live this down... I know you are basing this on the 10 year cyclical aviation industry, but this certainly doesn't look like Mid-1994 right now... The differences are in 1994 there were hardly any RJ's (most commuters flew Turbo-Props), there was only one real LLC who was of any threat to the legacy's (SWA)... Pre-9/11... There are many things that are different...

Even if UAL started recalling 40 pilots a month, it would be 54.3 months before all furloughed pilots were back on the property (Sept 2004 + 54.3 months = End of March 2009 which is a full 1 year and 9 months PAST your prediction)... And there is absolutely no indication that UAL is even close to starting that kind of recall... American isn't far off from this same number/time frame...
 
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better than 1994

Actually I think things are better than in 1994, there were very few jobs back then, mid 95 into 96 is when hiring started to take off,
 
argpilot said:
does anyone know about getting an job with teh regionals or the mayor with a bankrupt background???
I understand that there is an increasing emphasis being placed on security, but I don't think that this would be something that can be taken into consideration for employment. Yes, there are background checks that are done, but is this included? And if it is, can it be used in determining suitability for employment? I thought no, but someone let me know if I'm wrong.
 
pilotyip said:
Actually I think things are better than in 1994, there were very few jobs back then, mid 95 into 96 is when hiring started to take off,
...but how many pilots were laid off then, as now???
 
long list of unemployed piltos in 1994

In 1994 there was along list of USAirways, UAL, AA, DAL etc. pilots on the street waiting for recalls. Not to mention EAL, Pan Am, and Midway guys trying to rebuild thier careers. There is nothing different about 04, than 94 and 82.
 
oh i knew they were laid off, i was just wondering if anyone happened to have a number comparison...
 
It's funny how this question seems to surface from time to time. I find it hard to believe that any airline does a credit checks. Especially with the added costs of security checks combined with airlines cutting back staff and reducing costs. Also, hiring 3rd parties to perform these tasks would also be counter productive to reducing corporate costs.

I don't see anything in the AIM/FARS or any NASA/NTSB research that connects bankruptcy with ones ability to perform the duties of PIC/SIC for an airline. What's next? Full body CAT scans to see which ones will get cancer and which will not? Anyone seen the movie Gattica? Not too far away...
 
House_X said:
It's funny how this question seems to surface from time to time. I find it hard to believe that any airline does a credit checks. Especially with the added costs of security checks combined with airlines cutting back staff and reducing costs. Also, hiring 3rd parties to perform these tasks would also be counter productive to reducing corporate costs.

I don't see anything in the AIM/FARS or any NASA/NTSB research that connects bankruptcy with ones ability to perform the duties of PIC/SIC for an airline. What's next? Full body CAT scans to see which ones will get cancer and which will not? Anyone seen the movie Gattica? Not too far away...
Actually, many corporations require a credit check. There is a pretty significant correlation between severe financial difficulties and occupational stress. If you made hiring decisions and had to decide between 2 equally qualified candidates, wouldn't you liike to know if one had to declare personal bankruptcy? While not a direct indicator of job performance, a financial background check simply gives you another known aspect of the unknown.
Heck, Alaska Airlines has nicotine usage as a pilot disqualifier. How many pilots do you know who dip?
 
House_X said:
I find it hard to believe that any airline does a credit checks. Especially with the added costs of security checks combined with airlines cutting back staff and reducing costs. Also, hiring 3rd parties to perform these tasks would also be counter productive to reducing corporate costs.
Exactly how much do you think a credit check costs? Wander into a motgage company just to see how much you could qualify for ... thy'll run a credit check for you right then and there. Apply for a Home Depot Credit Card, they run one while you wait and you get a free plastic tool box too. I don't know how much they cost, but whth the casualness that companies order them up, it can't cost too much. So, for very little cost and effort, they get some insight into an applicants judgment and management abilities. No, it won't predict how well they will fly an ILS
 
House X:

Yeah, man. It's absurd but then again so was airline hiring practices back in the day (late '90s).

There were in fact a few companies doing credit checks on applicants. It's just another example of how these people totally lost their perspective and set up one hoop after another.

I'm not saying it's true but there was a rumor that even AA/Eagle would show preference to men with "brown hair".

Can you imagine?

Anyone else remember that one?
 

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