How bad is it Really???

[satpak77]

do share

in a year from now?

US Air will be liquidated, leaving XXX thousands of pilots in the employment lines

AA will have 3000+ on furlough

United may or may not be still in operation

DAL may or may not have filed for CH.11 and is taking a beating from AirTran

SWA will be hiring (big surprise)

Freight will be booming, esp in light of China (the brown/purple truck dont drive across the ocean)

JetBlue will be licking its wounds from SWA at Midway and Philly

RJ equipment, to include the ERJ-170, will continue to redefine the business

Oil will not be lower due to Chinas thirst for oil and gasoline

Iraq will not be better and weak govt may be overthrown by organized terrorist groups once US military is pulled out, "the mission done". Expect a WORSE-than-Saddam Iraq at that point. These groups are likely quietly waiting behind the scenes until the dust settles and we pull out, declaring "success" in Iraq.

Cactus will get a run for its money from SWA in Vegas, Phoenix, Chicago markets

Dont expect much more west coast advancement by AirTran

CAL will continue Mexico expansion and will dominate the Mexico market via ERJ's

Nation in record deficit

Stock market down

Interest rates up

Voice over IP will be the "new new thing" and old fashioned phone service will suffer

Real estate market will burst, like the internet market did in 90's. Nothing goes up forever.

Expect a re-run of Reagan times: We felt patriotic, lets kill the bad evil Russian enemy, but the market took a huge hit (1987) and interest rates went up, deficit went up, etc. We invested XXX gazillions in Star Wars which never went operational. "Leveraged Buy Outs" were "in" as was Savings and Loan fraud and bond trading. Movie Wall Street came out, as did Top Gun.

Expect similar boondoggles in 2005/2006

 

[FlyJordan]

Well not a very bright out look but I did ask. As for pilots not making the big bucks like they used to, I've recently been coming to the same conclusion myself and looking for ways that I will be able to boost my future airline salary (provided I even get one). Any ideas?

 

[350DRIVER]

Take the above with a rather large grain of salt. Saying Airways will be liquidated, UAL may be out of operation, etc, is purely speculation and is worst case scenario. The industry operates in cycles and it is currently in a downturn but that likely is not going to continue forever. What is likely to happen is the major airlines will look more like low cost carriers and their business models will have changed quite a bit to compete directly against them.

It isn't all doom and gloom as some believe. It will get better

 

[tuna pimp]

Satpak, I take it you're a staunch Republican then?

 

[satpak77]

I am indeed a Republican however I am little "let down" with our administration

however, yes, Republican but support ** some ** Democrat Party ideas

later