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Originally Posted by MCDUie
(Post 3004770)
Not to sound pessimistic, but the reality of “what if” is starting to take root and I’m starting to wonder how long an airline of our size could realistically expect to survive the $h!t storm we currently find ourselves in. Up until this point, I’ve been pretty confident in our ability to weather an economic downturn/recession but the magnitude of this particular event has me starting to doubt. I don’t have apps out and the thought of getting my logbooks back in order and preparing for interviews is depressing. I’m starting to dread logging on to comply to read the company memo’s.
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Originally Posted by Trowserchilli
(Post 3004925)
What a ridiculous post.
Frontier’s owner, owner of Indigo, couldn’t disagree with you more. He thinks it’s a good time to airline shop. And hey Frontiers a privately held company. How the hell do you know how long they can last. https://uk.mobile.reuters.com/articl...a7Q6RytIMjlcIo |
I think Frankie my be looking for "opportunities" to grow........
Sent from my SM-N920V using Tapatalk |
Originally Posted by Trowserchilli
(Post 3004925)
What a ridiculous post.
Frontier’s owner, owner of Indigo, couldn’t disagree with you more. He thinks it’s a good time to airline shop. And hey Frontiers a privately held company. How the hell do you know how long they can last. https://uk.mobile.reuters.com/articl...a7Q6RytIMjlcIo |
Originally Posted by SFA320
(Post 3005043)
Frontier like other airlines have made record profits for the last 6-7 years. They can more than survive a few months of declined revenue. A couple of bad months aren’t going to put them out of business. I think April and May and going to be rough, but I’m hoping by June things will slowly start going back to normal.
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Originally Posted by Pilottim79
(Post 3005303)
I am not worried about F9 surviving. I just don't want to see furloughs. I admittedly could survive a couple months without pay but it would obviously suck.
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Originally Posted by Aero1900
(Post 3005373)
We will furlough. We are cutting 70% of may flights. This is unprecedented. Hold on tight
There are so many variables at play. The markets change by the hour, the lockdowns continue to increase, no word on any truly promising treatments or vaccine and Congress is trying to approve a financial aid package, in the form of loans, that will include aid for airlines. They’re probably waiting for more information, just like every other company. I expect the furlough decision to come no sooner than when we have the COLA requests accepted and a clear picture of what aid, if any, that we’ll receive from the government. |
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Originally Posted by ToddChavez
(Post 3004830)
Dude, puh-lease.
This sucks and the Trump deranged media is to blame. It can be statistically proven pandemics worse than this have occured. We will recover within a year. How much we will recover is yet to be seen, but F9 is best poised to weather this. |
Originally Posted by ClearCreek
(Post 3005456)
I’m curious, why do you think Frontier is best poised to handle this crisis?
Possibly last in line for a bailout. This won't be over soon. This situation gets worse by the day. No one will want to be on airplanes for a while. Delta seems the most proactive, Spirit is in denial, and everyone else is in between. |
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