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-   -   Bailouts could doom the airline industry! (https://www.airlinepilotforums.com/covid19/128964-bailouts-could-doom-airline-industry.html)

SonicFlyer 04-11-2020 08:19 PM

Bailouts could doom the airline industry!
 
If you look at the history of the railroads, you'll understand why:


https://fee.org/articles/railroad-history-suggests-federal-bailouts-could-spell-doom-for-airlines/

Packrat 04-12-2020 09:39 AM


Originally Posted by SonicFlyer (Post 3030207)
If you look at the history of the railroads, you'll understand why:

On the flip side, has ANYONE alive today ever heard of the Great Northern Railroad?

Excargodog 04-12-2020 10:39 AM

Asteroid COULD destroy the Earth
 
The one that took out the dinosaurs was actually only medium sized...

rickair7777 04-12-2020 01:34 PM


Originally Posted by Excargodog (Post 3030498)
The one that took out the dinosaurs was actually only medium sized...

Fortunately we're cataloging the dangerous ones. I'd feel better if we had a defense capability on the shelf, but at this point I think we have enough advance notice on any extinction size objects.

Bahamasflyer 04-13-2020 06:45 PM


Originally Posted by rickair7777 (Post 3030641)
Fortunately we're cataloging the dangerous ones. I'd feel better if we had a defense capability on the shelf, but at this point I think we have enough advance notice on any extinction size objects.

Interestingly, I recently learned that the Chicxulub Asteroid impact caused such mass extinction more so because of its angle of arrival, rather than its mass. I recall that it impacted at about a 30 deg angle, which caused it to "skip" several times, before coming to a stop, and that this caused much more heat to be released into the atmosphere than a 90 deg impact angle would have.

Of course none of this is first hand knowledge:D

Near earth supernovas and Gamma Ray Bursts are another one, but I don't think we'll be close enough in our galactic orbit for at least tens of millions of years to be near any stars that are massive enough to go supernova.

saxman66 04-14-2020 08:10 AM


Originally Posted by Packrat (Post 3030466)
On the flip side, has ANYONE alive today ever heard of the Great Northern Railroad?

Of course. The much more efficient railroad built by James J. Hill, whose namesake train, the Empire Builder is named after. (I knew this without reading the article.)

captive apple 04-14-2020 08:29 AM

That article used terrible selective history.
Maybe we shouldn’t publish every thought out there.

kevbo 04-14-2020 08:39 AM

Speaking of railroads, Jay Gould discovered that he could pay half of his employees to kill the other half for his benefit. Crandall used a slightly more civilized method.

rickair7777 04-14-2020 09:49 AM


Originally Posted by Bahamasflyer (Post 3031667)
Interestingly, I recently learned that the Chicxulub Asteroid impact caused such mass extinction more so because of its angle of arrival, rather than its mass. I recall that it impacted at about a 30 deg angle, which caused it to "skip" several times, before coming to a stop, and that this caused much more heat to be released into the atmosphere than a 90 deg impact angle would have.

Of course none of this is first hand knowledge:D

Near earth supernovas and Gamma Ray Bursts are another one, but I don't think we'll be close enough in our galactic orbit for at least tens of millions of years to be near any stars that are massive enough to go supernova.

Here's a wakeup call...

https://en.wikipedia.org/wiki/2009_Jupiter_impact_event

This asteroid impact disturbance is the size of the Pacific Ocean. It occurred 11 years ago.

The image you're looking corresponds to an impact energy measured in Billions of tons of TNT (the largest fusion bomb ever tested was about 50 million tons). An impact like that might well end human civilization.

rickair7777 04-14-2020 09:52 AM

Railroads declined because of airplanes and automobiles, not because of mismanagement.

Airlines will go the same way once teleportation becomes readily available to the masses, and is no longer the jealously guarded purview of starfleet elites.


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