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Author
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Topic: Commercial Aviation is financially "Hurting".
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Paul G. Thompson
The Weenie Man
Posts: 4718
From: Mount Vernon WA USA
Registered: Nov 2000
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posted 09-18-2001 08:43 PM
Yes, we all read about that. The US Government wants to help them through bad times now, since the bottom practically dropped out of the industry due to the terrorist attacks. I hope the US Government does and will help this industry. However, I heard over KIRO Radio tonight that Boeing is going to make an announcement tomorrow that it will lay off 20 to 30% of its work force over the next several months. That can be up to 31,000 people in the Seattle area. Gov Locke is very concerned about the impact it will have on the state's economy. Well, the economy was slipping before the attacks, and is even slipping worse in some sectors since the attack. Keep your bills paid. When it comes to economy, I think it is going to become much worse before it gets better. Credit card related bankruptcies are, from what I have read and heard, at an all-time high. Things are getting flakey up here now. Gasoline prices range from a difference of 32 cents a gallon within 8 miles of each other. One station gets 1.49/9 for unleaded regular, and a station 8 miles away gets 1.82/9 for the same. Both get their gasoline from the refineries that are about 7 miles from where I live. The closer to the refineries, the more expensive the gasoline is. You figure it.
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Jerry Chase
Phenomenal Film Handler
Posts: 1068
From: Margate, FL, USA
Registered: Nov 2000
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posted 09-18-2001 09:38 PM
I'll figure it Paul. It is called price gouging. In Florida there are laws against it and some stations have to look at $25,000 fines.We are in this together, and those that want to make a killing on the fears of the citizens are terrorists in their own right. As for the airlines, the government abandoned the rails at the end of the second world war. I vote for a renewed interest in the rails. I haven't heard of any trains being flown into buildings, and the method of transportation is much more human scale. What airlines are absolutely needed will survive. It is called l'aissez-faire capitalism, and it is what has been cried for by many for years. "Ce que vous voulez est ce qui obtenez vous."
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Paul Mayer
Oh get out of it Melvin, before it pulls you under!
Posts: 3836
From: Albuquerque, NM
Registered: Feb 2000
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posted 09-19-2001 05:25 PM
Boeing announced a similar layoff here in Long Beach (the former McDD plant, home of the B-717 and C-17). Altogether about a 1000 pink slips here.My former industry is laying off big time too. About a month after I quit PanAmSat, they had a 30% cutback including 13 people in my old building, the Space Operations Group. And the company I thought I was going to work for, DirecTV, just laid off 5000. These layoffs were all part of a general layoff at GM Hughes Electronics, more than likely as part of a preparation to sell off the whole GMH shebang to Rupert Murdoch (of which he'll keep only DirecTV and sell off the rest). Now I'm moving back to 'Vegas, probably just in time to see huge lay offs in all of the hotels. Looks like this will be a good time to go back to school and earn that masters degree I've always wanted. Just gotta learn to live on student loans for a while, at age 46! Cheers! Paulzilla SMPTE Hollywood Section Mercenary film/video projectionist "When the money runs out, so does I."
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Paul G. Thompson
The Weenie Man
Posts: 4718
From: Mount Vernon WA USA
Registered: Nov 2000
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posted 09-19-2001 11:46 PM
Paulzilla, may I wish you the best of luck. I am 61.5 now, and I just want to stay on someone's payroll for 12 more months before I can qualify for Social Security (62.5) unless that was changed, too. I have had a good life with the military and the motion picture industry, but I realize that some day this must all come to an end. Hopefully, and God willing, I can retire and spend a few days with those I love before the final curtain is lowered. Paul
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