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Old 08-02-2020 | 06:31 PM
  #724  
Dobbs18
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Originally Posted by FetaCheese
I have to point something out too. I hear tons of talk about how long it'll take to return to 2019 levels. What people forget and don't want to mention is that 2019 was a record year for air travel. The numbers were astronomical. But do we need to get back to 2019 levels for us to be in the green?

What about 2017 levels? 2016..2015? Airlines were doing great during those years as well, hiring and growing and nobody on furlough. So how long to get to 2015 levels? Or even 2012? The correct answer is "I don't know" as this thing changes fast.

What the consensus all agree on is that a vaccine will be available by the end of the year to the beginning of next year. Barring some other unforeseen disaster, that should be enough to start moving things in the right direction. Even the eternal "realist" Dr. Fauci has said as much.

I don't know how any of this will help us between now and then. But it's important to remember that we don't need to get back to 100% 2019 levels for things to turn around for us.
yeah I mentioned this a while back in the thread. It wasn't too long ago that airlines survived not making a billion dollars a quarter...I mean dumb math says that if we profit just $1 measly dollar for the year than our daily cash burn would be zero. I am sure its a lot more complicated than that but the point is the same, we don't need 2019 levels to survive this.
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