Originally Posted by
flysnoopy76
I agree, once it is spreading in the US things will get pretty tough in the airline industry. The carriers with large retirement numbers may be able to absorb the potential reductions the best. Alaska has very limited retirement numbers and as a result things could get ugly for everyone, but junior folks in particular.
The US has historically managed these outbreaks very well, with few or zero cases spreading here.
Whether the global problems have a lasting effect on the economy depends. Usually a big downtown is triggered by some black swan event which causes a small downtown, which than exposes any underlying weakness in the system. Last time it was sub prime mortgages and risky lending. Is there an equivalent weakness now? Well know soon enough.