Originally Posted by zerozero

Controversial take: Yes, Atlas is virtually recession proof.

Why? Atlas hardly ever has any exposure to fuel expenses. The only time Atlas pays for fuel is on an ad hoc charter. Otherwise, the biggest customers, DHL, Amazon and U.S. Military (among others) all pick up the fuel tab. And you know how sensitive the military is to fuel cost? They aren't.

Second controversial take: Atlas has never (never) furloughed for economic reasons. They have always furloughed as an intimidation tactic during contract negotiations.

Atlas does well in good times (strong consumer, freight markets).
Atlas does well in bad times (war, disease, downsizing providing cheaper outsource alternative).

The biggest threat to the career of an Atlas pilot is not some random exogenous threat. The biggest threat to a career at Atlas is an internal executive tactic, deliberately made to keep your services cheap and your negotiating position unstable.

#HistoricFacts