Originally Posted by
fortyeight
So it looks like you’re banking on the WO’s being saved by AA. But if AA starts hemorrhaging cash there’s no shot they continue to keep those 3 afloat. I would venture to say Republic and Skywest are 1 and 1a. They have a ton of cash on hand. They’re massive. And they own most of their airplanes. Right now it’s all about which individual airline has the deepest cash reserves.
Careful with this one. Their cash can run out owning that many airplanes real quick. SkyWest isn’t nearly the same size as it was around 2000-2001. I would not be surprised if they started to furlough for the first time ever.
That said as a WO’d pilot, there seems to be stability but that can change so fast. AA could sell off assets (aka our planes) fast and get some cash back. Idk who’d they sell to right now, but it’s still a possibility.
Still, I’d say WO, SkyWest and Republic are all the last to feel the burn from this crap. Makes me feel awful thinking how this is going to affect everyone.
Sent from my iPhone using Tapatalk