Thread: Hold My Bier
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Old 08-28-2020 | 08:41 AM
  #30  
Andy
Gets Weekends Off
 
Joined: Mar 2006
Posts: 5,213
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From: guppy CA
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SMH. Not sure it's even worth trying to correct all of that.

Motch, the forecasting models are trending downward so the cuts will get deeper. In simple terms, the sh!t's getting worse, not better.

The early retirement program doesn't save the bottom furloughs; it saves the very last senior furloughs. Others have already told you that. If so many others can see this, why is it so hard to sink into your cranium case.

You still haven't figured out how much worse it is for United due to our heavy international exposure. Comparing United's problems to other airlines is really a poor thought process.

And I was fully aware that you couldn't even take the time to look at the earnings report because if you had, you'd know we aren't 'killing it' in our cargo ops.

But the bottom line is this: management was far too optimistic in previous forecasts. They're adjusting everything downward now because their data is looking far worse than even just a few weeks ago. Even current forecasts may be far too optimistic.
So yeah, deteriorating forecasts translate into larger numbers furloughed. It's not rocket science, it's not a conspiracy, it's not management playing anyone. It's basic business survival.

Are you sure you've been in the airline industry more than a couple of years? Because anyone who's been in the business for a while should be able to recognize that the industry has a huge revenue problem. Bluntly, it's the worst airline downturn in any active pilot's lifetime. And it's not getting better.
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