Originally Posted by
dualratedchoppa
Reviving this thread speculating a possible recession in the near future. With the big 3 locking in their contracts for the next 4 years the pilot group is insured barring a furlough. American is buckling down and paying off their debts. United is expanding rapidly and Delta is the usual with their balanced approach.
What will happen to our JCBA if recession hits? B6 will feel the hurt if there is a drop in demand and cash flow during the integration. B6 has already spent a significant portion of their assets and taken in liabilities in acquiring NK.
Future proofing is next to impossible since no one has a crystal ball, however one can weigh the risk of staying with NK/B6 and staying for the merger or jumping ship to a big 3 who have locked in their contracts. Thanks for your input.
JPMorgan just revised some stuff saying no recession in 2023. Take with whatever amount of salt you want but that's what was published recently. I'm simply saying it's not all doom and gloom right now on Wall St.