SEA Bus base
02-25-2020 | 09:41 PM
#34
Line Holder
Joined: Jul 2017
Posts: 579
Likes: 30
I think the harm right now is more for the international flying, domestic flying seems to be doing ok. But it seems like almost daily some new city is being affected to the point of bookings dropping massively. First China, now Korea and it is looking like Milan will be next.
I said this in another thread and was attacked but the WuFlu could be this decades 9/11 when it comes to aviation. These sort of things just don't bounce back overnight.
I said this in another thread and was attacked but the WuFlu could be this decades 9/11 when it comes to aviation. These sort of things just don't bounce back overnight.
02-26-2020 | 04:39 AM
#35
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,895
Likes: 689
From: Engines Turn or People Swim
I agree, once it is spreading in the US things will get pretty tough in the airline industry. The carriers with large retirement numbers may be able to absorb the potential reductions the best. Alaska has very limited retirement numbers and as a result things could get ugly for everyone, but junior folks in particular.
Whether the global problems have a lasting effect on the economy depends. Usually a big downtown is triggered by some black swan event which causes a small downtown, which than exposes any underlying weakness in the system. Last time it was sub prime mortgages and risky lending. Is there an equivalent weakness now? Well know soon enough.
02-26-2020 | 08:30 AM
#36
Respek
Joined: Jul 2010
Posts: 2,915
Likes: 62
I agree, once it is spreading in the US things will get pretty tough in the airline industry. The carriers with large retirement numbers may be able to absorb the potential reductions the best. Alaska has very limited retirement numbers and as a result things could get ugly for everyone, but junior folks in particular.
02-26-2020 | 09:53 AM
#37
Line Holder
Joined: Jul 2017
Posts: 579
Likes: 30
02-26-2020 | 08:52 PM
#38
On Reserve
Joined: Dec 2019
Posts: 11
Likes: 0
So with this renewed codeshare with AA being feed for their overseas routes, you still think we are insulated? Not to be chicken little here but if this Wuflu gets worse we WILL feel the impact domestically given our exposure to it through AA
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