Originally Posted by
The stillest
furloughs going back to 1999 longevity?
20 years of industry activity-gone?
Delta, Southwest, and American will have to do similar amounts of furloughing ...the other airlines will evaporate.... now you’re talking about removing almost 1 Trillion dollars from a national economy that reopened a few weeks ago and with people wanting to fly.
now throw in the fact that a vaccine is LIKELY to be available for frontline healthcare workers this fall
how do you substantiate this wild guess of yours that seems to only be spreading panic and fear for no reason?
Nope. Historically Wall Street has expected UAL to shrink to profitability due to excess capacity in the post-2008 environment, simultaneously while expecting SWA to continue its rapid growth. Unfortunately back then, Smisek embraced the shrink to profitability model. I don’t think Kirby is the same.