No one knows anything. I liked JM email today. Very detailed and matter of fact.
Here is a very good article for those that think we will never have any pax ever again. It’s already recovering in China.
COVID-19 Chinese Recovery Begins | Audries Aircraft Analysis
Until we’ve been told otherwise we are still running two more months of classes. I mean could we furlough? Sure, but if they truly know this is what is coming, then I see absolutely no benefit for the company to send them to training and the sim (which cost money).
It appears to me that we are trying to be one of the few airlines to be in a position to ramp up when demand returns. You need people around for that.
I certainly would have expected more then a 20% reduction in April if the numbers were that abysmal for us. Compared to JB we are looking okay. They slashed 40%. Not sure what F9 is going to be.
The bottom line is this. People are going to fly again. No one is going to drive 18 hours in cars to visit friends and family. People aren’t going to stop vacationing. Businesses are not going to stop meeting clients and attending conferences.
The demand is returning in China. There is no reason to expect the exact same thing is going to be happening here.
It has been 2 days and friends and family back home are already going stir crazy. There will be plenty of pent up demand when this is over.