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Old 03-25-2020 | 12:46 AM
  #61  
Burt123
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Joined: Feb 2019
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Originally Posted by rld1k
Look at retirement numbers, just to maintain flying they have to continue hiring. Maybe a lost 6 months - year. Especially with early retirements being offered.
I certainly hope it’s only 6 months to a year, however I think most people are really underestimating the amount of damage this has already caused to the US economy and it’s just begun to accelerate. This has been wreaking havoc on the WORLD economy for months now. Our country is not independent whatsoever, which is going to make eventual recovery that much more difficult. Air travel is still a “luxury” for most Americans, so ticket purchases will never reach the capacity they were at for a long time as families struggle to recover as they’re buried further in debt. Just a two-week “stay at home quarantine” will create a huge financial setback to most Americans and we’re already pushing past 1 month of service workers losing jobs. Yes, pilots will continue to retire but I doubt we will see much growth in the industry in the foreseeable future.
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