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  1. 05-28-2008, 09:18 PM #1
    Jamauk
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    Default Update on DH's job...

    I posted last week that I was totally freaking out because of everything going on in the airline industry.

    DH's company made some announcements last week - they are delaying a lot of deliveries of new aircraft. Not great news, but at least they are being proactive and not going futher into debt. They released the new schedule for aircraft deliveries and instead of 10-13 per year over the next five years - they'll be accepting about 7-8 total over that same time period. After 2012 - deliveries will pick back up.

    Also, a Wall Street analyst (can't remember his name, but he's been analyzing the airline industry for the last few decades....) predicts that there will be THREE large airlines after all of this nonsense is said and done. Two of them were Norhtwest & Delta (they'll probably merge, so that'll actually just be one airline). The third was DH's company.

    So, while there are no guarantees in this crazy industry, it makes me feel a little better that his company is taking some precautions now and Wall Street seems to think we'll make it......

    Only time will tell....
    ~Jessica
    "Sometimes single" wife to commercial airline pilot Jason (aka "angrypuppy")
    and homeschooling mama to Ben & Carter
    ~~~~~~~~~~~~~~~~~

    DEBT:

    BECU: $2671.16 PAID
    AmEx: $8500.00 PAID
    Truck: $10,000.00 PAID
    BoA: $12,000.00 PAID
    Van: $20,000.00 PAID
    HELOC: $47,000.00
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  2. 05-28-2008, 09:33 PM #2
    luv-my-lexi
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    That is some good news to relieve your mind a bit. I know though in this uncertain economy it is kind of scary. I'm glad they told them something so you are not just sitting on pins and needles.
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  3. 05-28-2008, 09:33 PM #3
    forHISglory
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    Whew, Jessica! Thanks for letting us know how it is going.
    Spiritual:
    "You are fearfully and wonderfully made." Please... respect life.

    Financial:
    Debt free, hoping to stay that way!


    MY BLOG: glorybug.wordpress.com


    1. Keep on writing.
    2. Get some balance in my life.
    3. Lose weight. Hopefully 5# this year. (9.5 pounds right now! Yay, Me!!)
    4. Continue to be looking for how God wants to use me this year.

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  4. 05-28-2008, 09:36 PM #4
    G'MaDebbie
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    My husband works for the company that makes the turbine parts for aircraft....I am now freaking out wondering how this will affect us.
    When the world knocks you to your knees, remember that your in the perfect position to pray.


    DR Plan
    BS 1 $1000/1000
    BS 2 working on those medical bills ......ugghhhhh
    BS 3
    BS 4
    BS 5
    BS 6
    BS 7
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  5. 05-28-2008, 09:38 PM #5
    Jamauk
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    Quote Originally Posted by cokencaptgirl View Post
    My husband works for the company that makes the turbine parts for aircraft....I am now freaking out wondering how this will affect us.
    DH flies Airbus - which are manufactured in France - does your husband's company supply to Airbus or just Boeing?

    Hoping our situation doesn't effect yours too much!
    ~Jessica
    "Sometimes single" wife to commercial airline pilot Jason (aka "angrypuppy")
    and homeschooling mama to Ben & Carter
    ~~~~~~~~~~~~~~~~~

    DEBT:

    BECU: $2671.16 PAID
    AmEx: $8500.00 PAID
    Truck: $10,000.00 PAID
    BoA: $12,000.00 PAID
    Van: $20,000.00 PAID
    HELOC: $47,000.00
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  6. 05-28-2008, 09:57 PM #6
    G'MaDebbie
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    ohhhh thats a good question...i am thinking Boeing...I am gonna ask him in the morning when he gets home.
    When the world knocks you to your knees, remember that your in the perfect position to pray.


    DR Plan
    BS 1 $1000/1000
    BS 2 working on those medical bills ......ugghhhhh
    BS 3
    BS 4
    BS 5
    BS 6
    BS 7
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  7. 05-28-2008, 10:27 PM #7
    Missy
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    scary stuff, thanks for the update.
    ~~ Missy ~~

    Planting and raising an urban homestead in the middle of Downtown big city right at the foot of the Rocky Mountains!

    Zone 5 Colorado Springs, CO USA
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  8. 05-28-2008, 11:16 PM #8
    jamie79
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    I hope it all works out
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  9. 05-29-2008, 02:38 AM #9
    Nishu
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    That's really cool that they're thinking ahead before they have to start cutting jobs, and I hope it puts your mind at ease at least a little. Best of luck to you! I really hope things start looking up soon for everyone.
    ~Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.~

    ~The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.~
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  10. 05-29-2008, 05:45 AM #10
    Jskell911
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    I work in travel, so I see everyday how the economy is affecting the airlines, etc. I hope everything works out well for DH!
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  11. 05-29-2008, 09:30 AM #11
    PrairieRose
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    At least you got some more settling news. I think it's very important to concentrate on what you want to happen, not what you don't want.

    ~48 yr. old sahw, livin' it up in our empty nest, smack dab in the middle of everywhere.~
    *We're debt freeeeeeeee! (including the house)*


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  12. 05-29-2008, 09:40 AM #12
    frugalfriend
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    That's a relief! Thanks for the update!
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  13. 05-29-2008, 09:54 AM #13
    Cricket1
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    Glad to hear that you're relieved!
    Mom to two crazy boys
    and wife to Mr. Wonderful

    "A smile starts on the lips, A grin spreads to the eyes, A chuckle comes from the belly; But a good laugh bursts forth from the soul, Overflows, and bubbles all around." --Carolyn Birmingham
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  14. 06-11-2008, 07:54 PM #14
    G'MaDebbie
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    Quote Originally Posted by Jamauk View Post
    DH flies Airbus - which are manufactured in France - does your husband's company supply to Airbus or just Boeing?

    Hoping our situation doesn't effect yours too much!
    Just found out this morning that my husband's company supplies parts for the airbus as well! He isn't too concerned about his job at the moment, but you never know what lies ahead. I just keep praying that things will be ok.
    When the world knocks you to your knees, remember that your in the perfect position to pray.


    DR Plan
    BS 1 $1000/1000
    BS 2 working on those medical bills ......ugghhhhh
    BS 3
    BS 4
    BS 5
    BS 6
    BS 7
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  15. 06-11-2008, 08:00 PM #15
    Jamauk
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    Quote Originally Posted by cokencaptgirl View Post
    Just found out this morning that my husband's company supplies parts for the airbus as well! He isn't too concerned about his job at the moment, but you never know what lies ahead. I just keep praying that things will be ok.
    Airbus should be fine - afterall they just got a huge military contract from us!

    We've gotten word from teh company that hours are going to be cut way back come this fall. So, DH is flying every minute he's legal for all summer. In theory I should be busy enough with the kids that I won't notice an absent husband.....
    ~Jessica
    "Sometimes single" wife to commercial airline pilot Jason (aka "angrypuppy")
    and homeschooling mama to Ben & Carter
    ~~~~~~~~~~~~~~~~~

    DEBT:

    BECU: $2671.16 PAID
    AmEx: $8500.00 PAID
    Truck: $10,000.00 PAID
    BoA: $12,000.00 PAID
    Van: $20,000.00 PAID
    HELOC: $47,000.00
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