Originally Posted by
iahflyr
Everyone who thinks a recession will not affect a major airline right now because of the forecast growth should go read the FedEx forums. They are parking planes, closing bases, displacements…
That ignores the fact that Fedex been planing on parking their older planes, streamlining fleets and bases makes sense, and that there’s more air cargo competition than ever before. Kinda reminds me of when folks panicked because fedex did their annual hiring and training freeze for the holidays. Context is everything.