View Single Post
Old 02-24-2020 | 02:56 PM
  #3  
C5Drvr
Gets Weekends Off
 
Joined: Jan 2009
Posts: 212
Likes: 0
Default

Originally Posted by cadetdrivr
Nobody knows, and if they say they know they are lying. There are too many moving parts at this point.



COVID-19 may be a temporary blip or it may cause a global recession.



The MAX **should** be flying later this year or it might not.



The stock market may crater or it might bounce to new highs.



Fuel prices are low but we know how that can change.



For now, UAL is doing exactly what they said we would do and are continuing to hire this spring but at a slower pace since we are mostly staffed for summer 2020. The plan is to rapidly spool up hiring once the MAX is fixed.



As we all know, the plan is always changing. But the good news is we have lots of retirements coming up. This will greatly mitigate the threat of the F word absent a real calamity.



EDIT: UAL just pulled its published 2020 investor guidance after the market closed today. "Beyond the first quarter, we believe the range of possible scenarios is too wide to provide earnings guidance at this time."



Full text: http://ir.united.com/node/23236/html
Pulling SEC guidance for 2020 can't be a good thing.

Are we seeing any movement in staffing, specifically in the 777/787 as these fleets are the most exposed? What is being done with crews that would have flown the cancelled pairings? Can't imagine they are getting paid to just sit home.

Sent from my SM-N950U using Tapatalk
Reply