Deflation and the Aviation Industry
In this episode of the On Aviation™ Podcast, Daniel and Orlando had another Fireside chat. This time focusing on the concept of deflation and what this means for the aviation industry, and the overall economy in general. Ever wonder what is the definition of inflation, deflation, or disinflation? Ever consider what these conditions mean for businesses and individuals? Ever wonder why we end up in these conditions in the first place? In this episode, we discuss all of the above and more.
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Aviation Fireside Chat
In this On Aviation™ Podcast, Daniel and Orlando had a Fireside chat about a wide variety of topics within aviation. Touched on disparate topics such as runway incursions, the FAA investing $100M to curb runaway incursions, the pilot-in-command being the ultimate authority for the safety of a flight, fractional aircraft ownership and the economy, the aviation industry, and much more.
Related Links:
Pilots Abort Landings At A Few Hundred Feet To Avoid Runway Disaster (SFO and Tenerife mentioned): https://jalopnik.com/pilots-abort-landings-at-a-few-hundred-feet-to-avoid-ru-1850474556
The FAA Investing $100M in a Bid to Curb Runway Incursions: https://www.flyingmag.com/faa-investing-100m-in-bid-to-curb-runway-incursions/
14 CFR § 91.3 Responsibility and authority of the pilot in command:https://www.ecfr.gov/current/title-14/chapter-I/subchapter-F/part-91/subpart-A/section-91.3
Fractional Ownership: https://www.flyingmag.com/jet-it-tells-owners-to-find-new-home-for-aircraft/
Supersonic commercial airliners: https://www.cnn.com/travel/article/destinus-hypersonic-plane/index.html
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What’s New In Aviation Tech?
In this week’s On Aviation™ Podcast, we discuss what’s new in aviation technology. We discussed Boeing launching a new data tool for net-zero emissions targeting, the progress of electric vertical takeoff and landing vehicles (EVTOL), 5G technology and its effects on airlines, what some companies like Garmin are doing about it, and much more.
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It’s #Wednesday. Maneuver into position for the #win. 💪✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #cbdc #aviationjobs #airlines #aviationbusiness
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#Tuesday #bliss. 😌✈️
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#OOSGroup #S61C #ATiMS #cbdc #aviationjobs #airlines #aviationbusiness
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Aviation and the 2023 Economic Crisis
As we have stated many times in our articles and on this podcast, the aviation industry does not operate in a bubble and is very sensitive to economic shocks. Many believe the mother of all economic shocks is expected between 2023 and 2024. What does this mean for the aviation industry? How should Businesses and individuals operating within that industry prepare to prevail and prosper? In this episode of the On Aviation™ Podcast, we seek to answer these questions by first shedding some light as to how the 2023 economic crisis has been manifesting itself so far, then provide some guidance on how to cope with it.
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Your Money: How Inflation Destroys Real Income
For individuals and businesses alike operating within the aviation industry, inflation can be quite devastating. First, inflation causes businesses to raise prices to compensate for the increased cost of producing goods and services to consumers within the industry. Second, increase prices cause individuals to generally experience a lower standard of living. Thirdly, and possibly most importantly. Increase inflation leads to individuals realizing decreased real income.
In this episode of the On Aviation™ Podcast, we discuss how inflation affects the incomes of individuals and businesses within the aviation industry. We define real income and provide some insights into how individuals and businesses within the industry can deal with rising inflation moving forward, particularly as it relates to income.
Articles:
Inflation: Higher costs and their effects on Flight Schools – https://www.linkedin.com/pulse/inflation-higher-costs-effects-flight-schools-orlando-o-spencer-i-/
Inflation Slows, Great News for Income Earners? Well… – https://www.linkedin.com/pulse/inflation-slows-great-news-income-earners-well-orlando-o-spencer-i-/
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Well hello #Thursday. Have you seen #Friday? 😁✈️
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#OOSGroup #S61C #ATiMS #pilotlife #aviationbusiness #pilots #flightschool #flightinstructor
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Who really benefit from #inflation? 👇
https://www.linkedin.com/pulse/inflation-aviation-industry-orlando-o-spencer-i-
#ATiMS #aviation #faa #costofliving #aviationbusiness #prices #OnAviationPodcast
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It’s #Wednesday.
You know what time it is. Time for a pause to reflect on the week so far. 😁✈️
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#OOSGroup #S61C #ATiMS #pilotlife #aviationbusiness #pilots #flightschool #flightinstructor
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Inflation and the Aviation Industry
In recent months we've seen a steady decline or flattening out of the increasing rate of inflation year over year. For many, this means that inflation is coming down and it will continue to come down over time. We believe otherwise. We believe that inflation will continue to rise even though there is currently a slowing in its increase. We believe that this disinflation that we are seeing now is transitory and that inflation will pick up its increasing pace as the months and the years go by in this decade. It is also worth noting that inflation is cumulative, therefore, no matter what the current rate of inflation is, it is always compounded onto the prior years.
Related Articles:
‘3 Ways Aviation Businesses Are Coping With Inflation’: https://www.linkedin.com/pulse/3-ways-aviation-businesses-cope-inflation-orlando-o-spencer-i-/
‘Inflation: Higher costs and their effects on Flight Schools’,: https://www.linkedin.com/pulse/inflation-higher-costs-effects-flight-schools-orlando-o-spencer-i-/
‘Inflation and Aviation’: https://www.linkedin.com/pulse/inflation-aviation-orlando-o-spencer-i-/
‘How The Aviation Industry Needs To Look At Inflation’: https://www.linkedin.com/pulse/how-aviation-industry-needs-look-inflation-orlando-o-spencer-i-/
‘Understanding Inflation’: https://www.linkedin.com/pulse/understanding-inflation-orlando-o-spencer-i-/
‘Breaking Down Inflation.’: https://www.linkedin.com/pulse/breaking-down-inflation-orlando-o-spencer-i-/
‘Inflation: Here we go again...’: https://www.linkedin.com/pulse/inflation-here-we-go-again-orlando-o-spencer-i-/
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It’s #Friday_Eve. How is this week’s #Win coming along? 😃✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #boeing #flightschool #flightinstructor #cessna #pilotlife #learntofly #pilotlife #april #cbdc #currency #economy
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Happy #Monday, y’all!
How are you planning on #winning this week? Leave your thoughts in the comments. 🙌✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #boeing #flightschool #flightinstructor #cessna #pilotlife #learntofly #pilotlife #april #cbdc #currency #economy
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Central Bank Digital Currencies and the Aviation Industry
Will Central Bank Digital Currencies (CBDCs) be a net positive for the aviation industry?
On one hand, you have skeptical economists that believe that CBDCs will allow central banks to intricately control the market and allow for even greater inflation which destroys the wealth of individuals. This is vitally important for individuals operating within the aviation industry since inflation and economic shocks will affect us in this industry more severely than many others. On the other hand, there is an argument that states with CBDCs will allow their central banks to be better able to curtail economic shocks. If true, this would benefit the aviation industry by reducing or eliminating economic shocks throughout the economy which in turn will be a net positive for the aviation industry since it is so sensitive to these shocks.
In this On Aviation™ Podcast, we discuss both sides of the argument and do a deep dive into what this means for individuals and businesses operating in the aviation industry. We also let the listener know which side of the fence we sit on this topic.
Articles:
Central Bank Digital Currencies: Net Positive For Aviation?: https://on-aviation.com/central-bank-digital-currencies-net-positive-for-aviation/
Central Bank Digital Currencies: The Argument for: https://on-aviation.com/central-bank-digital-currencies-the-argument-for/
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How about this for a pre-weekend #vibe? ☺️✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
Thoughts on the Aviation Jobs Market
It is widely understood that virtually no industry operates in a bubble, and the aviation industry is no exception. Given the challenges that we are seeing in the jobs market overall, we can expect most, if not all, of the same challenges to face the aviation industry. We are aware that some jobs within this industry are a little more insulated from the wider market. However, for the most part, the factors that affect the wider jobs market will affect the aviation jobs market. In this episode, we discuss prospects for the aviation jobs market while looking at inflation and real income.
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Well hello there Wednesday… ☺️✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
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Yep. The whole team is here.
This week is about to be a #Win! 😎✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
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Happy #Monday, y’all! 🥳 We’re back! 🙌✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
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The State of Aviation
Given what's going on in the economy these days, and what has been going on for the past year, it's not uncommon for folks to ask; "what is the state of the aviation industry in 2023?" In this episode of the On Aviation™ Podcast, we give a broad overview of our thoughts on aviation in 2023. Taking a look at the past, reviewing the present, while trying to speculate on what might be in store for the industry in the future.
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Weekend vibe! 🥳✈️
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
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Oohh #Spicy! 😁✈️
bit.ly/ooscareer
#OOSGroup #S61C #ATiMS #pilot #flightschool #cfi #cessna #pilottraining #learntofly #pilotlife #march #ATiMS #economy #recession #aviation #jobs #airlinejobs #economy #layoffs
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Welcome to the On Aviation™ Podcast
Welcome to the On Aviation™ Podcast, where you will enjoy even better discussion around the topics we write about in our On Aviation™ newsletters. Join us as we go deeper into aviation topics as they relate to business, economics, training, jobs, certifications, regulations, and more
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