Originally Posted by
Al Czervik
And Delta/United are now at the debt levels AA was when everyone was saying AA was in deep trouble. Uncharted territory. Who knows.
and this is true for us all....
Basically, EVERYBODY would be in the crapper if it wasn’t for the government bailout, but the flying has to come back reasonably quickly or EVERYBODY is screwed. The government won’t keep shoveling money at us for very much longer. And if flying doesn’t come back reasonably soon, if the existing organizations and workgroups are furloughed or terminated, it will eventually be cheaper just to have new startups like Breeze take over the flying once it does come back. Either that or the general population needs to be convinced to just accept the casualties and move on before the damage to the whole economy is even worse.