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nottellin

When comparing to Cargojet, dont forget to include the 1200 shares @$78 all CJT pilots got who were hired before April 2020 got, unless they took the 100k cash. It was a contract extension of 3 years vested %50 at 4 and 7 years. But its worth aprox 250k now. Retirement benefits are %2 ( terrible), m...

nottellin

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

Start to weed out the softies again

nottellin

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.

nottellin

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...

nottellin

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...

nottellin

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&...

nottellin

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”

Your missing the point

nottellin

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...

nottellin

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.

nottellin

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...

nottellin

Damn dbl posts

nottellin

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 ...

nottellin

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...

nottellin

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...

nottellin

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...

nottellin

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?

nottellin

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..

nottellin

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...

nottellin

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...

nottellin

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...

Search found 159 matches

Re: Cargo TA

Re: “Apprentice pilot” job is back

Re: Lufthansa May file for bankruptcy

Re: Layoffs

Re: Layoffs

Re: Corona Virus

Re: Layoffs

Re: Layoffs

Re: Layoffs

Re: Layoffs

Re: Layoffs

Re: Layoffs

Re: Who's gotten a lay off?

Re: Who's gotten a lay off?

Re: Who's gotten a lay off?

Re: Coronavirus Numbers

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

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

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

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