View Single Post
Old 03-12-2024 | 06:33 PM
  #261  
nene
Gets Weekends Off
 
Joined: Nov 2020
Posts: 2,248
Likes: 103
Default

Originally Posted by HSCompressor
The question is, has the landscape changed? Are these companies now too big to fail? Their aggressive actions might be because they're too big to fail now. So your last statement might not hold the same water it used to.
Much like the big banks in our country after the 2008 debacle, I would oberseve that yes most of these corporations are too big to fail completely and/or immediately in the eyes of our politician. Uncle Sugar showed that during the pandemic. That being said, bad mgmt decisions will still stunt profits, potential growth, pilot career trajectories and career earnings significantly. You don't have to be furloughed to have a bad decade in this business.

It's been a crazy 4yrs since the pandemic recovery. Hopefully we (as an industry) can catch the wave and glide in towards shore for quite a while and not cut into the face too sharp and suffer a roiling, thunderous, industry reconciliation.
Reply