Layoffs

[Hiller Highwater]

My buddy just got laid off from a big canadian company along with dozens of others so it looks like the turnaround hasn't arrived yet. Between them and a couple other companys I have friends at it look like about a hundred pilots and engineers won't be working this christmas. I think its finally time to do that ifr rating and go somewhere else.

 

Does anyone know if there is governmet aid or what not for ifr training? Student loan maybe?

 

Thanx

[BadMonkey]

There is pretty much zero movement in IFR these days. The recession is hitting all sectors.

[alphadog]

Sad news. IFR is not that dead overseas. You might have to stick with a co-pilot position for a while in the sandbox.

[Guest JetboxJockey]

No grants or student loans. Did my IFR last spring and with oil prices the way they are. The demand for IFR co-jo's is pretty much nil.

 

My walking papers are on the way next month. Would gladly go fly in the sandbox if the opportunity presented itself and it's not from a lack of trying.

[BadMonkey]

Tough days ahead. We could be looking at 2-3 years of this. Aviation is always one of the first industries hit during a recession and one of the last to recover. A person is wise to have a second trade to fall back on in this industry.

[Heliian]

Cheer up lads, this will be my third round of recessions in the industry and one must persevere. There is a worldwide slowdown but that doesn't mean that there aren't any jobs, you just have to compete for them. 2 years tops to go before we see a rebound. If this is your first recession, I hope you have learned to save for a rainy day so the next one will be softer.

[HeliRico]

Eh ?? Where did u get that 2year time frame before rebound ?

[twinstar_ca]

Eh ?? Where did u get that 2year time frame before rebound ?

Follow any news or financial reporting site.. they are all saying 2017 in alberta before any kind of a rebound... and yes, i am one of 18,000+ albertans who lost his job end of july.... ps. i fixed your typo, Rico....

[DGP]

I have friends that have been working in the sandbox for 20+ years and they are saying that they have never been so busy.If you have the ifr ticket you should give those folks a call.Most work is driving 412 and 139.

[Hiller Highwater]

Thanks to so many people with good advice. It wasn't me who was laid off, it was the dozens at Canadian who needed the help so please be as sympathetic as you can to them.