Originally Posted by
domino
Too late for that now. In a few months between the airlines that have already collapsed, will collapse, the numerous bankruptcies and the furloughs coming, there will be 10-15K pilots on the streets for a few years. Unions will be the least of our worries. This is looking like it will make the Great Depression look like a mild case of a recession in comparison. Let’s just hope the banks don’t start collapsing quickly. Suddenly “cash is king” isn’t valid any more. They are not even safe with the economic tsunami coming. Doesn’t look like the airlines are getting the bailouts. It’s gone from critical to dire in short order.
Just take a couple deep breaths and calm down, its not that bad.