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Originally Posted by thrust
(Post 3077292)
You guys are getting trolled by someone’s sock puppet account. Lots of those popping up since February. Perhaps a little more moderation and a little less pontification on every subject/topic on this site, eh RickAir777?
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Originally Posted by thrust
(Post 3077292)
You guys are getting trolled by someone’s sock puppet account. Lots of those popping up since February. Perhaps a little more moderation and a little less pontification on every subject/topic on this site, eh RickAir777?
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Originally Posted by Dobbs18
(Post 3077566)
you forgot a 7....Rick flies the Quad-7, not the triple...lol
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Originally Posted by DoggiePoo
(Post 3076892)
It just amazes me. In over 40 years in this industry how you young pilots are always so delusional. Especially you flow through guys. You know exactly how to fix everything. UAL just "sweetened" it's exit deal for personnel, Again, if you knew anything about airline history, bankruptcies since deregulation, you would know that SWA "plan" is Exactly how Every airline ended up in bankruptcy last time. As stated earlier. Your company is in debt up to it's hairline. SWA at least has cash on hand already. The only reason your management has not spoken to you about furloughs is because it would be completely fruitless and a waste of time. You are the first to head into bankruptcy court and will end up on the copping block. Cut up into pieces for UAL,SWA and DL to scavenge your carcass. You think it is all a joke. That I have some beef with AA or something. But when an old timer like me reads these boards and reads yours as opposed to the others. Your delusions of grandeur are beyond limit. Wake up little boys. My only sorrow is for those friends that stayed at AA from TWA and are going to get shafted again. At least they know the drill. You young kids are about to find out the hard way. Just look at the terminals. Look at the type of passenger traveling right now. They are Greyhound people. Very few businessmen. Ticket prices for the few that are traveling are so low they are attracting the people that are getting the extra $600.xx above unemployment. TSA numbers reflect exactly that. Nowhere near enough of a rise in pax load factor to pay for all those shiny new airplanes sitting on the ground. Your CEO is already looking for a way out of the financial mess and Wall Street has already asked him his plan and if that plan is bankruptcy. 30% is a good number to start with just like every other major. When the sale and bankruptcy come it's a staple if you are lucky. Probably not because AA mainline is not ALPA. Your regionals being ALPA are meaningless. The word is out about you young guys and the big freight companies will not take you on the rebound. Good luck, October 1 is. about 90 days away.
I didn't flow. I don't work for SWA. The only reason I think their plan is practical is because others will go BK first before SWA, and if it comes to liquidation of somebody, SWA will be around to pick up the pieces. They're not out-running the bear, they're just out-running most of the other campers. |
https://upgradedpoints.com/coronavirus-impact
Found this website that seems to aggregate all sorts of Covid related airline data, including sources, and presents it in a decently readable format. Appears to be updated daily. For all of you Nostradamus' out there! |
Originally Posted by Squeakygreaser
(Post 3077130)
Any idea on how Americans daily cash burn is doing right now?
$40 million dollar cash burn per day in June That translates to roughly $1.2 billion dollars for the month of June. https://www.reuters.com/article/us-a...-idUSKBN23H2GX |
Originally Posted by iahflyr
(Post 3077701)
Straight from Doug Parker a couple days ago.
$40 million dollar cash burn per day in June That translates to roughly $1.2 billion dollars for the month of June. https://www.reuters.com/article/us-a...-idUSKBN23H2GX Sure that is actually ten million a day less then we were expecting and continuing to fall. It’s not sunshine and rainbows but I am happy if we managed to cut our burn by 300 million a month. AA is aiming for the same point your guys are cash burn zero at the end of the year. |
Originally Posted by rickair7777
(Post 3077651)
I'm not young.
I didn't flow. I don't work for SWA. The only reason I think their plan is practical is because others will go BK first before SWA, and if it comes to liquidation of somebody, SWA will be around to pick up the pieces. They're not out-running the bear, they're just out-running most of the other campers. That saying never gets old, when used for just about anything :) |
Originally Posted by rickair7777
(Post 3077651)
The only reason I think their plan is practical is because others will go BK first before SWA, and if it comes to liquidation of somebody, SWA will be around to pick up the pieces. They're not out-running the bear, they're just out-running most of the other campers.
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Originally Posted by Gone Flying
(Post 3077935)
I dont work for WN either but think rick is right. 1 fleet type, little to no cost on pilot training as they expand and contract, and scrooge mcduckian amounts of cash in the vault has lead to an airline that can out wait their opponent and be the most flexible in the revovery.
So I get why fewer fleets is more cost effective, but why is Delta the most profitable flying a billion different fleet types, many that are very fuel inefficient? They figure out how to make it work somehow. Sent from my iPhone using Tapatalk |
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