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Bank Check Aviation
The Los Angeles Times has an article about pilots who fly bank checks
around the country each night. With the modernization of check processing, these flights will be needed less in the future. "AirNet's 128 planes, many of them speedy Learjets, are small enough and nimble enough to pack and leave at a moment's notice. Safety is important, but so are deadlines."If there's a runway, we'll fly. Ice? No problem. Tornadoes? Go around 'em," said pilot Joe Pyka. "We had guys flying checks to the banks during the hurricanes in Florida, even though the banks were shut down. Nothing stops us." Los Angles Times Article: http://tinyurl.com/3zeqc |
#2
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Ron R wrote: The Los Angeles Times has an article about pilots who fly bank checks around the country each night. With the modernization of check processing, these flights will be needed less in the future. "AirNet's 128 planes, many of them speedy Learjets, are small enough and nimble enough to pack and leave at a moment's notice. Safety is important, but so are deadlines."If there's a runway, we'll fly. Ice? No problem. Tornadoes? Go around 'em," said pilot Joe Pyka. "We had guys flying checks to the banks during the hurricanes in Florida, even though the banks were shut down. Nothing stops us." Yea, the world seems a bit different when you have a great de-icing system, weather radar, flight dispatchers updating your weather/route in flight on company freq. -Robert |
#3
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"Robert M. Gary" wrote in message oups.com... Ron R wrote: The Los Angeles Times has an article about pilots who fly bank checks around the country each night. With the modernization of check processing, these flights will be needed less in the future. It's estimated that in less than ten years such tranfser will be equivalent to the Pony Express. "AirNet's 128 planes, many of them speedy Learjets, are small enough and nimble enough to pack and leave at a moment's notice. Safety is important, but so are deadlines."If there's a runway, we'll fly. Ice? No problem. Tornadoes? Go around 'em," said pilot Joe Pyka. "We had guys flying checks to the banks during the hurricanes in Florida, even though the banks were shut down. Nothing stops us." Yea, the world seems a bit different when you have a great de-icing system, weather radar, flight dispatchers updating your weather/route in flight on company freq. And eventually all for naught. -- Matt --------------------- Matthew W. Barrow Site-Fill Homes, LLC. Montrose, CO |
#4
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"Robert M. Gary" wrote in message
problem. Tornadoes? Go around 'em," said pilot Joe Pyka. "We had guys flying checks to the banks during the hurricanes in Florida, even though the banks were shut down. Nothing stops us." Yea, the world seems a bit different when you have a great de-icing system, weather radar, flight dispatchers updating your weather/route in flight on company freq. Eh? I used to know a couple of check fliers about 20 years ago. They all flew 150's and 172's. Has the industry changed that much? -- Jim Fisher |
#5
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Jim Fisher wrote: Eh? I used to know a couple of check fliers about 20 years ago. They all flew 150's and 172's. Has the industry changed that much? Maybe, maybe not. This article was talking about LearJets. I'm sure others work differently, but I was responding to the article. |
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Robert M. Gary wrote: Jim Fisher wrote: Eh? I used to know a couple of check fliers about 20 years ago. They all flew 150's and 172's. Has the industry changed that much? Maybe, maybe not. This article was talking about LearJets. I'm sure others work differently, but I was responding to the article. Depends on where the checks are going. If you're hauling large loads of checks from L.A. to Seattle, you're probably going to get better service from a well equipped turbine. The check operations that I'm familiar with used to haul checks around towns within a state. These generally used smaller piston powered GA aircraft. John Galban=====N4BQ (PA28-180) |
#7
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wrote in message oups.com... The check operations that I'm familiar with used to haul checks around towns within a state. These generally used smaller piston powered GA aircraft. There you have it. With a half dozen banks slowly taking the whole industry over you're going from a point-to-point operation to a hub-and-spoke one. Paper checks- just one more piece of the old world that our grandkids will find impossible to believe ever existed. -cwk. |
#8
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Colin W Kingsbury wrote:
wrote in message oups.com... The check operations that I'm familiar with used to haul checks around towns within a state. These generally used smaller piston powered GA aircraft. There you have it. With a half dozen banks slowly taking the whole industry over you're going from a point-to-point operation to a hub-and-spoke one. Paper checks- just one more piece of the old world that our grandkids will find impossible to believe ever existed. Let's say, the rest of the world finds it impossible to believe, that paper checks are still being used today in an industrialized country. Standard personal checks have been replaced by Euro-Checks some 25 or 30 years ago in Europe. However nobody would even think about paying his phone, dentist, mortgage, power, or whatever bill with a check. It's all electronic transfer via direct deposit or automated withdrawel, even between private people. During maybe 15 years I probably used less than 10 checks total, mostly for one-time larger purchases. I was outright flabbergasted when 8 years ago I came to the motherland of capitalism, working for one of the worlds largest high-tech(!) companies, and I would get a piece of paper printed with funny numbers instead of money in my bank account. The small company where my father worked back in Germany introduced direct deposit for all their employees somewhere in the mid 60th of the last century. And believe me, that company was anything but progressive. And two(?) years ago even the paper Euro check for ad-hoc purchases was buried and now you only have something similar to direct debit, just with the same guarantees and security as the former paper Euro check. This paleozoic banking system of the US of A is nothing but a job guarantee for the postal service and a permanent annoyance for anyone who has to pay a bill. jue jue |
#9
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In article bfmFd.8172$u47.5515@trnddc09, Jürgen Exner wrote:
Let's say, the rest of the world finds it impossible to believe, that paper checks are still being used today in an industrialized country. snip This paleozoic banking system of the US of A is nothing but a job guarantee for the postal service and a permanent annoyance for anyone who has to pay a bill. People use them out of choice in the US. When I lived in the US, I did the majority of my transactions either with a debit card or automated bill pay. However, I saw quite a large number of people still paying for their groceries by check - they had the option of using debit cards, but for some reason they didn't want to. Still checks are useful for paying private people. I'd rather pay for a used car off my neighbour with a check than show up with a suitcase full of cash or have to arrange a bank transfer. -- Dylan Smith, Castletown, Isle of Man Flying: http://www.dylansmith.net Frontier Elite Universe: http://www.alioth.net "Maintain thine airspeed, lest the ground come up and smite thee" |
#10
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"Dylan Smith" wrote in message ... In article bfmFd.8172$u47.5515@trnddc09, Jürgen Exner wrote: Let's say, the rest of the world finds it impossible to believe, that paper checks are still being used today in an industrialized country. snip This paleozoic banking system of the US of A is nothing but a job guarantee for the postal service and a permanent annoyance for anyone who has to pay a bill. People use them out of choice in the US. When I lived in the US, I did It's not just the banks, it's the people (companies) you're trying to pay. Until pretty recently I could not pay my gas or electric bills by non-check means, and I live in Boston, which is anything but a technological backwater. Likewise, while banks charge a fee for processing credit or debit card transactions, check deposits are largely free owing to tradition. Still checks are useful for paying private people. I'd rather pay for a used car off my neighbour with a check than show up with a suitcase full of cash or have to arrange a bank transfer. I know people who've shared apartments who use PayPal to reconcile all the bills, but there's the whole inconvenience of getting people to set up accounts. One of the more interesting ideas is to do it all through mobile phones. Basically you punch a PIN and type in the number to send money to, and the recipient can receive a confirmation message right away. Obviously there's a million details to work out, but what's interesting is that it's the first concept I've heard that handles the individual-to-individual transfer of funds well. -cwk. |
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