Thread: "Earnings Live"
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Old 01-27-2018 | 07:19 PM
  #194  
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SilentLurker
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Originally Posted by Sunvox
+1000

Southwest has been around for over 4 decades and the majors are still here. Most major passengers wouldn't be caught dead on a SWA plane and vice versa. Thank goodness. The threat to UAL, AA, and DAL is not RJs but foreign carriers. Just as foreign cargo killed the Merchant Marine so too foreign pilots MAY kill US majors and if that doesn't work automation surely will. Honestly, if I were 30 or younger I would NOT consider aviation as a career.

I listened to FedEx CEO Fred Smith on Fox Business talk not only benefits of new tax law for FedEx, but also about pilot less cargo plane and future automation technology. He said they are heavily committed in seeing pilotless aircraft aft technology rolled out and succeed.

He believes it will happen much much sooner than many believe; most likely will happen within his life span.
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