Originally Posted by
Washout
Yep, but DL and united are exposed to the credit card revenue. When the middle class gets laid off the next 6-9 months.
AA in chapter 11, sw will replace it in the big 3.
Jb, Alaska, Frontier are likely toast as is. We'll see how the structure their future. Expect someone to merge pieces out of bankruptcy.
Bottom line 20%, too many seats flying around and you'll see everyone shrink to profitability.
Lots of furloughs and paycuts. Pilot shortage is over and the race to the bottom is heating up.
Good luck to everyone.
This is gonna be a bloodbath.
don’t forget that you will also get wiped out of the millions you made in the stock market. what a shame.