Originally Posted by
GPullR
If massive cuts come then the costs outway the savings. United next may have planned for a downturn it didnt plan for a world wide trade war. When people stop traveling for vacation Orlando gets pummeled. Usually its a sector, not the entire world. Unless something gets fixed very soon I would plan for very bad times ahead for the airlines . Delta is already 5 steps ahead as usual.
Back to original point. I dont think MCO is closing either, but it has a better chance of that then becoming an Intl hub. That was my entire point.
My friend, times are changing. All of Florida has been the recipient of a massive population and wealth transfer over the past decade, more than likely from the northern state you occupy. That trend is only accelrating and I think UAL management, which is the most competent that I've seen in my 30 years, is savy enough to position for that. We sure know DAL has been riding that wave. Not to mention reshoring will probably turbocharge most of the US enconomy starting in 2026.It will most negatively affect the couple hundred generational wealth families in the US that have benefited most in the past 4 decades of outsourcing labor to China, who fly on business jets. The average US traveling family will only benefit from this trend.
As for your post about preparing for 3-4 years of recession. Thats pretty comical. A recession is defined as 2 quarters of negative GDP. One quarter is 3 months in case your unaware. In the modern era (post 1945) the vast majority of recession are 2 or 3 quarters of negative GDP growth.