Originally Posted by
Burt123
Reduction/consolidation of ALL carriers in the future is inevitable and as a result furloughs are also inevitable. If you think government aid, whether it’s grants or whatever the new fancy terms they’re calling it these days will save employers from furloughing you need to take the blinders off. Situational awareness right? Customers fund our paycheck and they will not be buying tickets when they can’t afford to put food on their families table in an economic depression. But wait! Everyone was promised 3000 for the next 3 months to save them right? Good joke to the average American lifestyle....... The moral of the story is if you’re fairly junior on your list I would start looking at plan B, C or D for your future income. This is accurate information.
Just out of curiosity, how do you know this with such certainty? The dow just had its biggest day in a century. I think business and by extension people will be pulling out of this quicker than you think. Will it be painless, no it won’t. I however don’t see this as a lost decade event.