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Suze Orman advice

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bvt1151 said:
Her problem (and therefore all of our problems also) is that she decided to take that $25k job at Mesa. As long as they can find pilots stupid enough to work for that, all our pay will suffer.

Your right...working for 25k a year was stupid when you could have not worked and got paid nothing.
 
When was this Suze Orman on. I think I have it on the TIVO and want to watch it.
 
Its flight schools that are the problem. ERAU/UND/RAA/PANAM/WESTWIND, its all cookies and koolaid to get you to take out a 100k loan. I didnt go that route but I remember shopping around being in Westwinds office in 2001. i was 19 with 5 hours total time and after being done talking with them I remember I was all like "pay 60 grand, become a CFI for them in 9 months, CFI for 6 months and then I can be an airline pilot with American Eagle!!" They left out the stuff about commuting, the $23 an hour is times 75 hours per month not the american deskjob standard of 160 hours a month, reserve, pensions going away, whipsaws, bankruptcies, etc. I was dumb at age 19 but if somebody would have just told me the truth.
 
Hootie9750 said:
Its flight schools that are the problem. ERAU/UND/RAA/PANAM/WESTWIND, its all cookies and koolaid to get you to take out a 100k loan. I didnt go that route but I remember shopping around being in Westwinds office in 2001. i was 19 with 5 hours total time and after being done talking with them I remember I was all like "pay 60 grand, become a CFI for them in 9 months, CFI for 6 months and then I can be an airline pilot with American Eagle!!" They left out the stuff about commuting, the $23 an hour is times 75 hours per month not the american deskjob standard of 160 hours a month, reserve, pensions going away, whipsaws, bankruptcies, etc. I was dumb at age 19 but if somebody would have just told me the truth.

for what its worth, Westwind is claiming "high pilot retirements" over the next few years....

http://www.iflywestwind.com/

don't forget these testimonials

http://www.iflywestwind.com/testimonials.php

Tim Fry, Mesa Captain, claims

"The Right Seat Direct was the perfect program for me. Outstanding training with the opportunity to flight instruct. They really cared about me and made me feel like family."

the "opportunity" huh?
 
satpak77 said:
for what its worth, Westwind is claiming "high pilot retirements" over the next few years....

http://www.iflywestwind.com/

don't forget these testimonials

http://www.iflywestwind.com/testimonials.php

Tim Fry, Mesa Captain, claims

"The Right Seat Direct was the perfect program for me. Outstanding training with the opportunity to flight instruct. They really cared about me and made me feel like family."

the "opportunity" huh?

your "opportunity" to instruct and being made to feel like "family" increases astronomically if you happen to be mormon. not trying to get any mormons who are out there reading this pissed off...but it is true. the chief flight instructor is one. i worked there for 2 years. plenty of favoritism going on.

aside from that, they were more into it being a money making business rather than looking out for the interest of the students. had a student who spent over 100k and was stillworking on his instrument. i was like his 4th or 5th instructor on that rating and the guy knew nothing. he really didn't have what it took to be a pilot. i did try to work with him just doing lots of ground and pcatd so he wouldn't waste any more $$ in the planes. finally as he ran out of money he asked my opinion of his chances of becoming an airline pilot. i was honest (but nice)...but nobody in all that time ever said anything to him, they were just happy to take his money. and even if he said he didn't care the cost, they did nothing to help the guy out when he was having major problems. just kept stickin him in a plane to make the same mistakes over and over. if he could have gotten a 500k loan he'd probably have spent it all trying to get that instrument rating there at westwind.
 
I see...and that extra $2000 bucks you make a year at your little world in the regionals, makes all the difference in your argument.

Checknsix


bvt1151 said:
Her problem (and therefore all of our problems also) is that she decided to take that $25k job at Mesa. As long as they can find pilots stupid enough to work for that, all our pay will suffer.
 
I just watched the referenced show and she did not tell her to get into the "private sector" she told her to get into flying a smaller plane in the corporate world. Obviously she doesn't know how difficult it is to find a corporate gig these days.
 
rsspilot said:
Maybe it was flying squirrel college...

Wassamata U.

No, never mind. That was the Moose's college.
 
Suze Orman can go suck an egg! By the way, how many of these students to go to the likes of Mesa Acedamys kill themselves when they don't get hired from their guaranteed interview?
 
GogglesPisano said:
This profession has, with the possible exception of drama school, the worst return on investment imaginable.

Nope, I know one other career. Culinary. pay 30-50k in tuition, graduate, make 7.50-8 bucks an hour working cold prep at TGI Fridays......or if you're lucky, the hilton or marriott. Work 40-60 hours a week.
 
She gets paid exactly what she's worth . . . $25k . . . . because she shows up for work everyday. All you guys complaining about pay . . . well, if you show up for work, you worth what the company pays you.
 
Checknsix said:
I see...and that extra $2000 bucks you make a year at your little world in the regionals, makes all the difference in your argument.

Checknsix

You forgot a zero in there...

...after the two.
 
100LL... Again! said:
Orman is an entertainer, not a real financial guru. She does not dispense very good advice.

thats why she has a show on CNBC and has three bestsellers and you are flying around burning AvGas
 
"Who ever said pilots were smart. We went to a trade school not a college. The average pilot is not very well educated. Just because you spend $100,000 to learn how to fly airplanes doesn't mean you'll be smarter in the end."

Speak for yourself !

A lot of my pilot friends, 8 out 9 have finished college and even have some grad school under there belts. They are smart and they do challange themselves. Sure your ROI is not the highestest in this industry but there is something to be said about loving your job.
 
uh, actually, no there isn't a message board like that

Ummm ... actually there is. Just about any art forum will have MFA grads from the big schools lamenting the lack of jobs - even low-paying teaching jobs, the inlux of cheap Chinese art dragging down prices, etc. I read somewhere only about 25% of art school grads ever make a living from it, and some of the big-name art schools are just as expensive as Riddle, UND, et al.

So, it's not just you guys. :D
 
Hootie9750 said:
Its flight schools that are the problem. ERAU/UND/RAA/PANAM/WESTWIND, its all cookies and koolaid to get you to take out a 100k loan. I didnt go that route but I remember shopping around being in Westwinds office in 2001. i was 19 with 5 hours total time and after being done talking with them I remember I was all like "pay 60 grand, become a CFI for them in 9 months, CFI for 6 months and then I can be an airline pilot with American Eagle!!" They left out the stuff about commuting, the $23 an hour is times 75 hours per month not the american deskjob standard of 160 hours a month, reserve, pensions going away, whipsaws, bankruptcies, etc. I was dumb at age 19 but if somebody would have just told me the truth.

Westwind certainly was quite a kool-aid stand, wasn't it?
 
satpak77 said:
thats why she has a show on CNBC and has three bestsellers and you are flying around burning AvGas

You trying to pick a fight or something?

Orman is like the Motley Fools guys or any other financial "personality".

I do not dispute her bookselling success, nor her TV fame.

You, foolishly assume that these facts somehow are verification of her financial know-how. The world is full of so-called experts.

You've proven my point, in a way.
She's an entertainer, and a successful one. That was never in dispute.

I seriously question your own financial astuteness if you feel that becoming a finanance 'celebrity' is sufficient proof of her investment knowledge.

Perhaps you were conned into buying one of her books and are still trying to rationalize your 'investment'?
 
100LL... Again! said:
You trying to pick a fight or something?

Orman is like the Motley Fools guys or any other financial "personality".

I do not dispute her bookselling success, nor her TV fame.

You, foolishly assume that these facts somehow are verification of her financial know-how. The world is full of so-called experts.

You've proven my point, in a way.
She's an entertainer, and a successful one. That was never in dispute.

I seriously question your own financial astuteness if you feel that becoming a finanance 'celebrity' is sufficient proof of her investment knowledge.

Perhaps you were conned into buying one of her books and are still trying to rationalize your 'investment'?

Agreed! Jim Cramer is an idiot too. Just because someone is on TV is enough for some of the population to follow them off a cliff.
 
I saw Jim Cramer last week claim the reason for CAL's success is because they had "broken the back of labor" and are not a "hub-and-spoke" carrier.
 
bvt1151 said:
Her problem (and therefore all of our problems also) is that she decided to take that $25k job at Mesa. As long as they can find pilots stupid enough to work for that, all our pay will suffer.

10 year Crj Captain pay CMR: $74
Mesa: $70

It doesn't look like there is a world of difference in pay between Mesa and Cmr.
 
i was once a bright eyed student pilot who thought these forums were all doom and gloom and complaining. i planned on pft`ing into the right seat of a jet and living the dream. i paid 40,000 dollars for my education. then i listened to the pilots in this forum and decided to get my CFI and work my way there instead of paying for it. now i`ve been flying for a small company for almost a year, i make around 22-25k per year, i:m on the road for at least 2wks a month but usally more...it sucks...the pay is ok, but being away from home and living in hotels sucks. doing this the hard way sucks. i:m not sure of my point...maybe i should have pft`ed. still no regrets though.
 
FDJ2 said:
10 year Crj Captain pay CMR: $74
Mesa: $70

It doesn't look like there is a world of difference in pay between Mesa and Cmr.


Actually, $74 is 5.7% higher pay than $70. Believe me, that most definately IS a world of difference when you are struggling to stay in the middle class, which is most certainly what we are trying to do.
 
Just not enough to support bvt's original statement. This problem belongs to all of the regional guys, not just Mesa.

- Checknsix

XJohXJ said:
Actually, $74 is 5.7% higher pay than $70. Believe me, that most definately IS a world of difference when you are struggling to stay in the middle class, which is most certainly what we are trying to do.

Originally Posted by bvt1151
Her problem (and therefore all of our problems also) is that she decided to take that $25k job at Mesa. As long as they can find pilots stupid enough to work for that, all our pay will suffer.

 
pilotyip said:
Again squirrel college has nothing to do with flying

yeah it does. it is interesting the difference between college educated pilots and non college educated pilots. stick and rudder aren't different usually but mentality is worlds apart.
 
Not Unverisal

suupah, your are generally correct because almost everyone has a degree, but your observation is not universal, I can name you many bullet brained pilots with college degrees who could not balance a checkbook, and likewise I can show a bunch of pilot without degrees who score above the degreed guys on basic intelligence tests and demonstrate superior headwork day in and day out. Bottom line the degree is no guarantee of superior intelligence.
 
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