Originally Posted by full of luv (Post 3003619)

Dobbs,
Im not mgmt and it's almost impossible to structure a company to survive no to little revenue fro 1-6months. Your proposal to just stockpile Billions and Billions of profits in cash accounts is not something that capitalist companies do. They have a BOD who manage the company to make as much profit as possible. If they have extra they can reinvest in stuff, grow, pay people more, increase a dividend or buy back shares in the company. The mgmt and BOD have to decide the best use of the money and each has positives and negatives. Because certain companies refuse to repatriate their profits from other countries (like Apple etc) and have huge cash balances outside the US, that is a function of the US tax code and not good corporate governance.

Originally Posted by Slick111 (Post 3003986)

I've been reading that the city of Las Vegas, (and state of Nevada) is, for all practical purposes, shut down.

So just out of curiosity, I checked on flights to Vegas tomorrow. We have 11 mostly empty flights tomorrow going from Dallas to Vegas. We have 8 mostly empty flights going to Vegas from LAX. Four from Chicago to Vegas. And Miami is showing 3 mostly empty flights to Vegas. I didn't bother the check other "hub to Vegas" flights.

Who's not making the easy decision to pair down these flights?

Originally Posted by Slick111 (Post 3003986)

So just out of curiosity, I checked on flights to Vegas tomorrow. We have 11 mostly empty flights tomorrow going from Dallas to Vegas. We have 8 mostly empty flights going to Vegas from LAX. Four from Chicago to Vegas. And Miami is showing 3 mostly empty flights to Vegas. I didn't bother the check other "hub to Vegas" flights.

Who's not making the easy decision to pair down these flights?

Originally Posted by Cicada (Post 3001087)

Last time, when the banks were collapsing into themselves, they were getting told to merge with others, or go out of business.
Dont be surprised to see some forced marriages of the weakest carriers into others. You could easily see JBlue, Alaska and others get forced marriages with larger carriers as a requirement of a bailout. It could get that bad.

Originally Posted by Ashes (Post 3004688)

Originally Posted by sanicom3205 (Post 3004450)

The amount of gas I burned today alone, with almost no passengers, would pay my salary for a year. Gonna make furlough that much harder to stomach

Originally Posted by highfarfast (Post 3004705)

I’m kinda done hearing about the buybacks. The more I learn about the cash on hand vs assets vs debt vs stock price, the more I think those complaining about the buybacks just don’t get it, and don’t want to.

But I get that the public is going to run with it.