Originally Posted by
ZeroTT
The airlines have to deal with two things
1) pandemic pre-vaccine
2) economy post vaccine
#1 is clearly a disaster and the longer peoples heads get held underwater, the more carriers will fold.
#2 isn’t necessarily a lost decade. People guess, but nobody really knows how that’s gonna play out
On the news this morning they were saying 40 million (rental) housing are now facing evictions. They didn"t mention how many people are going to lose there homes due to foreclosure.
Its estimated 420k people have left NYC in the past two months.
With that kinda news, I can't imagine people spending money on plane tickets is a priority.
Unfortunately, being in the airline industry has always proven to be an unstable career..
You have to make six figures a year because over time it averages out to five figures.