Search found 158 matches

by nottellin
Mon Jun 29, 2020 6:44 pm
Forum: Employment Forum
Topic: “Apprentice pilot” job is back
Replies: 14
Views: 2975

Re: “Apprentice pilot” job is back

Lol, that didnt take long, back to reality I guess.

Start to weed out the softies again 😁
by nottellin
Wed Apr 29, 2020 11:23 am
Forum: General Airline Industry Comments
Topic: Lufthansa May file for bankruptcy
Replies: 29
Views: 5758

Re: Lufthansa May file for bankruptcy

Boreas wrote: Wed Apr 29, 2020 8:22 am
It’s a business who’s goal is to make money!
You're right, it is a business. Stop pretending like the airlines are a socialized state entity... only when things are bad, of course.
It seems everybody and everything is a social state entity these days with their hands out.

Nothing can fail.
by nottellin
Sun Mar 29, 2020 2:45 pm
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

I think it's a slum-dunk that TC will defer the new FTD rules for at least a year if not two; the industry has survived without them for this long and increased costs is the last thing it needs to be heaved upon it. That will eliminate 300-500 positions that were in the last equipment assignment. R...
by nottellin
Sat Mar 28, 2020 9:11 am
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

Talk about thread drift....unreal. I'm betting on the "cheap" folks doing better than the YOLO crowd. :lol: While under traditional economic circumstances, you would be undoubtedly correct. However, current cost of living in our Canadian cities after essentially selling out the middle class has cre...
by nottellin
Fri Mar 27, 2020 10:59 am
Forum: General Comments
Topic: Corona Virus
Replies: 622
Views: 55696

Re: Corona Virus

How the Coronavirus Could Take Over Your Body (Before You Ever Feel It) This description of the disease is intense. Do not read if you are already super worried and stressed out about it: https://nymag.com/intelligencer/2020/03/the-story-of-a-coronavirus-infection.html?te=1&nl=coronavirus-briefing&...
by nottellin
Thu Mar 26, 2020 12:32 pm
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

Old fella wrote: Thu Mar 26, 2020 12:02 pm
flashheart wrote: Thu Mar 26, 2020 10:23 am He lost $700k but yes he started with $2.6M.

My point is his cheap ass couldn’t enjoy it and now it is gone. He doesn’t seem too worried. He still has lots.
Do I detect the makings of a “prodigal son” 😉😉
:lol:

Your missing the point :lol:
by nottellin
Thu Mar 26, 2020 8:33 am
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

Even the most conservative investor could have easily lost 50% of their portfolio. The stock market as a whole lost 70% in value so actually the average person who didn't sell anything lost 70%. This has nothing to do with volatility, it is a crash. Yikes, where did you get your MBA? Everest colleg...
by nottellin
Thu Mar 26, 2020 8:07 am
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

complexintentions wrote: Lots of people gonna find out over the next year they're not really "richer than they think" when they go to sell their house.
by nottellin
Thu Mar 26, 2020 8:05 am
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

Even the most conservative investor could have easily lost 50% of their portfolio. The stock market as a whole lost 70% in value so actually the average person who didn't sell anything lost 70%. This has nothing to do with volatility, it is a crash. Yikes, where did you get your MBA? Everest colleg...
by nottellin
Wed Mar 25, 2020 9:57 pm
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

Damn dbl posts
by nottellin
Wed Mar 25, 2020 9:57 pm
Forum: Air Canada
Topic: Layoffs
Replies: 477
Views: 104914

Re: Layoffs

If I could give a guy who owns a L39, some B1 passes to retire, I would. But surely you can just buy the tickets. 10k is a lot, but not when you have millions. My dad lost $700k in the stock market in this. Worked so hard his whole life (not airlines). Total Alberta blue collar work horse Deserves ...
by nottellin
Wed Mar 18, 2020 7:53 pm
Forum: General Comments
Topic: Who's gotten a lay off?
Replies: 144
Views: 29006

Re: Who's gotten a lay off?

Any word on what's happening with Jazz? Lay offs certain to happen at Jazz. Once AC decides what they need but given what has already been announced. I would say all transborder flying that Jazz does on behalf of AC is gone. As AC is cutting back on domestic requirements there will likewise be a re...
by nottellin
Tue Mar 17, 2020 10:39 am
Forum: General Comments
Topic: Who's gotten a lay off?
Replies: 144
Views: 29006

Re: Who's gotten a lay off?

I have seen 4 industry downturns. This one will be massive. It will take out everything from Float Operations to Wide Body Jet jobs and it will take a decade to recover, if it ever does return to the level we were at. Peoples investments are gone, interest rates are zero, so there is nowhere for go...
by nottellin
Tue Mar 17, 2020 7:40 am
Forum: General Comments
Topic: Who's gotten a lay off?
Replies: 144
Views: 29006

Re: Who's gotten a lay off?

I know for me and most people my age 40ish, the minute this is over I'm living my best life. This is like being grounded as a kid, the minute that you where let out, you went flying out of the house like a bomb of energy. I feel once we are through this, people are going to be ready to live and trav...
by nottellin
Mon Mar 16, 2020 7:29 am
Forum: Air Canada
Topic: Coronavirus Numbers
Replies: 377
Views: 45431

Re: Coronavirus Numbers

ehv8oar wrote: Mon Mar 16, 2020 7:12 am The difference is the media seems to have got involved in this one a lot more.
Wrong...
If this thing is left unchecked it will crush health care, then what?
Should we just keep calm and carry on or make tough decisions now to try to get a handle on things?
by nottellin
Sat Mar 14, 2020 4:27 pm
Forum: General Comments
Topic: Could this be the pin to pop the housing bubble?
Replies: 23
Views: 2592

Re: Could this be the pin to pop the housing bubble?

But I also see now CMHC is also trying to defer people's mortgage payments for up to 6 months, bending over backwards to keep this ponzi scheme going..
by nottellin
Sat Mar 14, 2020 4:20 pm
Forum: General Comments
Topic: Could this be the pin to pop the housing bubble?
Replies: 23
Views: 2592

Re: Could this be the pin to pop the housing bubble?

LOL :rolleyes: FYI Even though the BOC lowered the overnight rate by 1% the banks are actually increasing rates due to risk. Also FYI CMHC just announced the proposed changes that were to take affect in April are on hold. We are heading for mass layoffs and a recession. Expect the prices of homes t...
by nottellin
Sat Mar 14, 2020 3:57 pm
Forum: General Comments
Topic: Could this be the pin to pop the housing bubble?
Replies: 23
Views: 2592

Re: Could this be the pin to pop the housing bubble?

It will all depend on how dramatic the containments get (provincial/city quarantines and business closures like Italy) and for the duration of how long this last. The low interest rates + relaxation of the mortgage stress test in April could lead to a sellers market and give a huge bump to house pr...
by nottellin
Sat Mar 14, 2020 1:59 pm
Forum: General Comments
Topic: Could this be the pin to pop the housing bubble?
Replies: 23
Views: 2592

Re: Could this be the pin to pop the housing bubble?

The economy runs on faith and perception, much more than reality - and the government knows this, so they will do everything possible to ensure that the wheels continue to turn just enough to keep money moving. Agree %100, but will it be enough this time, we shall see. This is much harder hole to p...
by nottellin
Sat Mar 14, 2020 9:14 am
Forum: General Comments
Topic: have you parked your saving in cash to ride..
Replies: 36
Views: 3370

Re: have you parked your saving in cash to ride..

The Raven wrote: Sat Mar 14, 2020 8:28 am Wow! What a great financial advice forum! Why didn't I come to this forum sooner? Getting financial advice from a bunch of pilots...what could go wrong?

What a jerk! 😅

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