Old 10-17-2021, 05:59 PM
  #37  
rickair7777
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Originally Posted by DontLookDown View Post
3) Airlines practically are government jobs. We saw how quickly the government poured money in during Covid. The government has historically stepped in to relieve airlines who can’t keep their balance sheet green
If by "historically" you mean "last year", then yes.

Before that, furlough was always a possibility, and usually a probability somewhere in your career.

Mergers & acquisitions were common in the last 20 years, although you probably still had a job or at least a number and recall rights.

Before that airline liquidation was a common end game.

I think the big four are too big to fail, unless there was a severe, sustained economic downturn (ie not covid).

I wouldn't assume government support as part of your airline career planning.


That's majors... with regionals anything's possible at any time. Three or four just up and shut down last year.
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