Interview experience:

Lets just say that you know an aviation interview is going to go bad when the first question out the interviewer's mouth is "What happens to the price of bonds when interest rates decrease?" For all you non-finance people, there exists inverse relationship between the price of bonds and interest rates. As interest rates decrease the price of bonds increases. So the Director of Flight Operations prediction was that interest rates in the future will decrease. I chose not to give a prediction; since it didn't seem appropriate FOR AN AVIATION INTERVIEW!!!; but I will give my answer here. -----The FED's ability to increase or decrease interest rates is dependent not only on the current domestic economic circumstance, but also where the Federal Reserve targets the value of the US dollar. An overwhelming import driven

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