PSP 2.0; is it gonna happen?
#561
Also, the media has actually been highlighting the plight of tens of thousands of soon-to-be-furloughed airline workers, which puts the whole thing in the spotlight a bit more.
#562
Not looking good...
Updated 8:44 AM EDT, Fri October 23, 2020
Washington(CNN)The week started with a self-imposed deadline, and it appears it will end without a stimulus deal.
After fits and starts, the negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, the White House's chief negotiator, have hit another roadblock with aides behind the scenes telling CNN that while the prospects for a deal Monday were always slim, they are growing harder to imagine now.
Bottom Line: The chances of passing a stimulus bill out of the House before the November 3 Election Day drop to virtually zero if a real, substantive deal doesn't come together by Friday night and isn't in writing by the weekend. And there are absolutely no indications that the legislative work that needs to happen to make this real is happening.
Stimulus negotiations latest: Hopes for a deal seem dim
By Lauren Fox, CNNUpdated 8:44 AM EDT, Fri October 23, 2020
Washington(CNN)The week started with a self-imposed deadline, and it appears it will end without a stimulus deal.
After fits and starts, the negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, the White House's chief negotiator, have hit another roadblock with aides behind the scenes telling CNN that while the prospects for a deal Monday were always slim, they are growing harder to imagine now.
Bottom Line: The chances of passing a stimulus bill out of the House before the November 3 Election Day drop to virtually zero if a real, substantive deal doesn't come together by Friday night and isn't in writing by the weekend. And there are absolutely no indications that the legislative work that needs to happen to make this real is happening.
#563
Gets Weekends Off
Joined APC: Nov 2019
Posts: 1,256
it doesn't matter
reported on another thread is Delta sees back to normal in 2021
PSP program has been determined to be not needed. We acknowledge it served a purpose in March. The return to normalcy has begun and further federal assistance is not needed, as the industry is beginning to walk on its own again.
reported on another thread is Delta sees back to normal in 2021
PSP program has been determined to be not needed. We acknowledge it served a purpose in March. The return to normalcy has begun and further federal assistance is not needed, as the industry is beginning to walk on its own again.
#564
Gets Weekends Off
Joined APC: Sep 2008
Position: B767
Posts: 1,901
it doesn't matter
reported on another thread is Delta sees back to normal in 2021
PSP program has been determined to be not needed. We acknowledge it served a purpose in March. The return to normalcy has begun and further federal assistance is not needed, as the industry is beginning to walk on its own again.
reported on another thread is Delta sees back to normal in 2021
PSP program has been determined to be not needed. We acknowledge it served a purpose in March. The return to normalcy has begun and further federal assistance is not needed, as the industry is beginning to walk on its own again.
#565
Gets Weekends Off
Joined APC: Nov 2019
Posts: 1,256
#566
Time for the airlines to earn their keep and start competing in the marketplace. Southwest is already on the prowl. I wouldn’t get caught waiting for any additional PSP support if I were the other airlines. Besides, Pelosi and Mnuchin could agree to a $3 Trillion stimulus package tomorrow and it still wouldn’t get past McConnell and other Republican members of Congress.
#567
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,465
#568
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,465
Time for the airlines to earn their keep and start competing in the marketplace. Southwest is already on the prowl. I wouldn’t get caught waiting for any additional PSP support if I were the other airlines. Besides, Pelosi and Mnuchin could agree to a $3 Trillion stimulus package tomorrow and it still wouldn’t get past McConnell and other Republican members of Congress.
#569
Exactly. SWA has announced 9 new destinations lately, including IAH, MIA, and ORD. They need to pick off leisure travelers. They smell blood in the water. They’re targeting AAL and UAL.
#570
Any airline that doesn’t have to cross train senior guys to a different type has a HUGE advantage in this environment over any airline that does. The Big Three just have the wrong business model for THIS environment at THIS time, however advantageous the business and international flying and multiple fleet Type might be in more normal times.
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