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Originally Posted by FullThrust
(Post 3100943)
Yeah but don't forget the company still has to pay for health insurance for the average family of 4, plus 401k, etc. Having reduced line values but keeping more pilots on payroll just makes each pilot more expensive on a per hour flown basis.
Gary Kelly was quoted today that he doesn't expect the industry to recover for 5 to 10 years. At that duration, unfortunately, it doesn't make sense not to furlough. |
Originally Posted by chrisreedrules
(Post 3101006)
Recovery isn’t projected to begin until 8-12 months after a vaccine is available. Without a government lifeline this whole industry very well may collapse.
I would guess domestically it starts to bounce as soon as the vaccine is widely available. International will most likely take longer as a country will want a good chunk of their population vaccinated before relaxing restrictions. |
Will we have a vaccine when Trump is re elected or is it only if Biden wins?
-Asking for a friend. |
Originally Posted by Al Czervik
(Post 3101108)
Will we have a vaccine when Trump is re elected or is it only if Biden wins?
-Asking for a friend. Either way. This is not a conspiracy theory. The whole world didn’t destroy their economies to hurt Trump. |
Originally Posted by Downtime
(Post 3101113)
Either way. This is not a conspiracy theory. The whole world didn’t destroy their economies to hurt Trump.
As for Nostradamus Gary Kelly..who knows what his motivations are for saying what he says. But he doesn't know any more than the rest of us what will happen next week let alone 10 years from now. Most actual professionals in the area and anyone else with common sense agree that a vaccine will go miles towards making people feel comfortable with public places again. Including air travel. I can't even begin to imagine what angle Kelly is playing, but be sure there is an angle. |
Originally Posted by FetaCheese
(Post 3101139)
Yeah, exactly. And making this crises a political issue is what got us to this point in the first place. Had Trump and a certain news channel not spent months calling it a liberal hoax and actually took aggressive measures, we would be in a very different place right now. Look at just about any other country as an example. South Korea and Vietnam in particular, but also most of Europe.
As for Nostradamus Gary Kelly..who knows what his motivations are for saying what he says. But he doesn't know any more than the rest of us what will happen next week let alone 10 years from now. Most actual professionals in the area and anyone else with common sense agree that a vaccine will go miles towards making people feel comfortable with public places again. Including air travel. I can't even begin to imagine what angle Kelly is playing, but be sure there is an angle. |
Originally Posted by FetaCheese
(Post 3101139)
Yeah, exactly. And making this crises a political issue is what got us to this point in the first place. Had Trump and a certain news channel not spent months calling it a liberal hoax and actually took aggressive measures, we would be in a very different place right now. Look at just about any other country as an example. South Korea and Vietnam in particular, but also most of Europe.
As for Nostradamus Gary Kelly..who knows what his motivations are for saying what he says. But he doesn't know any more than the rest of us what will happen next week let alone 10 years from now. Most actual professionals in the area and anyone else with common sense agree that a vaccine will go miles towards making people feel comfortable with public places again. Including air travel. I can't even begin to imagine what angle Kelly is playing, but be sure there is an angle. I’d say the truth is somewhere in between that certain news channel and a CNN. Gary Kelly isn’t as labor friendly as his predecessor that’s for sure. Sent from my iPhone using Tapatalk |
Originally Posted by Saabs
(Post 3101168)
I’d say the truth is somewhere in between that certain news channel and a CNN.
Gary Kelly isn’t as labor friendly as his predecessor that’s for sure. Sent from my iPhone using Tapatalk Yeah but CEOs of public companies don’t generally make such long term bearish comments just to screw over labor groups at the cost of their forward looking earnings guidance. |
Originally Posted by FetaCheese
(Post 3101139)
Yeah, exactly. And making this crises a political issue is what got us to this point in the first place. Had Trump and a certain news channel not spent months calling it a liberal hoax and actually took aggressive measures, we would be in a very different place right now. Look at just about any other country as an example. South Korea and Vietnam in particular, but also most of Europe.
As for Nostradamus Gary Kelly..who knows what his motivations are for saying what he says. But he doesn't know any more than the rest of us what will happen next week let alone 10 years from now. Most actual professionals in the area and anyone else with common sense agree that a vaccine will go miles towards making people feel comfortable with public places again. Including air travel. I can't even begin to imagine what angle Kelly is playing, but be sure there is an angle. |
It seems to me Gary Kelly will benefit greatly from a quick turnaround on the tail end of this. Maybe he's trying to put the competition on it's heels to get a head start when that happens. Or maybe he realizes the economy is going to crumble after taking 2020 off.
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