How long before airlines start hiring again?

[Lynxman]

It will be sparked when the slippery slope of "I can't spend because I am worried about my job" becomes "well my job seems safe and hot damn that boat is pretty freckin cheap."

Exactly just replace boat with car, home, or bike!

 

[JustaNumber]

Wall St and Corporate America have had it so easy for so long and now that we are going to install some "tougher" regulations they are crying how it is going to damage America. Don't be so easily fooled.

I predict the economy gets much worse for much longer than most people are predicting, primarily due to lack of hope for the future (how ironic). How long does the economy have to keep plummeting before you start to agree with me that perhaps higher taxes and demagoguery are contributing to the damage?

Of course, FDR won a third term after 8 consecutive years of double-digit unemployment. Some people can never be convinced that perhaps a certain policy isn't working!

 

[ttflyer]

Sorry Justa I have to disagree, in no way is Obama anti business or prosperity

This might be a bit over your head, but have a go at it. See if you can pick up the main points anyway...

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=amhpOT5rlR1Y

 

[epic!]

How long do you think it will be before Airlines begin hiring pilots again? Years, decades, or more furloughes to come?

Well it seems this has turned into another political debate. But to answer your questions, it seems hiring wont resume on a large scale (like we saw late 07) until the economy takes a climb, which wont be for a few more years. Thats the unfortunate truth, but it will turn around.

 

[satpak77]

airlines, such as UAL, AMR, etc, will not hire till the Age 65 guys are gone, bye bye, off the books, AND the economy recovers to a point that they will expand fleets (= more pilots) and grow some.

Time frame? My opinion - 10 yrs till the days of 500 pilots a year or more being hired

 

[n757st]

I think you will see it sooner rather then later. The regionals will be hiring again in limit amounts next year and gangbusters in 2011. The majors will start limited hiring in 2011 and start gangbusters in '12. Reasoning: I don't think everyone will make it to age 65, but '10 and '11 will likely see stock market recovery and then the likelihood some of the 62-64 year olds will take their improved 401ks and run. UAL will become the new AMR and might not hire at all in that time frame, where as all the retirements at AMR might make that place as attractive at CO was in the 2004 time frame.

 

[nisx]

I think you will see it sooner rather then later. The regionals will be hiring again in limit amounts next year and gangbusters in 2011. The majors will start limited hiring in 2011 and start gangbusters in '12. Reasoning: I don't think everyone will make it to age 65, but '10 and '11 will likely see stock market recovery and then the likelihood some of the 62-64 year olds will take their improved 401ks and run. UAL will become the new AMR and might not hire at all in that time frame, where as all the retirements at AMR might make that place as attractive at CO was in the 2004 time frame.

+1

-nisx

 

[Freight Dog]

Milton Friedman said it the best:

http://www.youtube.com/watch?v=RWsx1X8PV_A

Obama and his merry band of idiots simply don't get it...

 

[rumorhasit]

The fact that government policy is such a large part of the answer scares me more than thoughts on the subject.

Obama was elected on "change" from Bush policies but did not change one pork barrel spending policy that was "left over"!!! Its ironic the man Obama won over during the election appears to be the REAL change politician.