Originally Posted by
Qotsaautopilot
Having liquify from debt and liquify from free government grants are two entirely different things. One you pay back while servicing, and one you get for free and send straight to your employees’ paychecks. What do you think the C-suite is going to say on an earnings call. They have to give the numbers but they also have to give those numbers in as rosy a light as possible. They can’t get on there and say we’re F’d if things don’t get better really quickly.
Your lack of perspective leads me to believe that history isn’t your guide. Maybe we haven’t seen Covid before but we’ve seen major industry downturns before and history proves that six months in from the initial event is still the early innings. Maybe people come roaring back to 2019 levels in the next six months but if you think running at 50% capacity on even further reduced margins will sustain ANY airline long term without mass furloughs then you weren’t paying attention the last two times.
I am much happier to be a Spirit today than anywhere else so I can agree with you on that and I hope as much as anyone this is all a bad memory come June. The thing is no pilot picks to be at a successful airline. It’s all luck of the draw. The fact that any of us are here during this period in the industry is pure dumb luck. This could just have easily have been skybus any other dead airline. And it still could be in the future.
Your lack of humility is unflattering. Put down the koolaide for a minute.
As F.D.R once said, “all we have to fear is fear itself!”
I have to agree with Cinco here. I chose Spirit for the same reasons. The model and ability to withstand an economic downturn. Hired right after the last recession.
Quotsa, maybe head to the beach with your family and embrace time with them. Instead of worrying about the boogeyman out to get us!