CowboyPilot20

I have no idea which regionals end up staying or going away, but I think the numbers stated in the previous post are VERY far fetched. Just my humble opinion. I'm not making a direct comparison to the stock market, but it is already in bull territory again. I think the economy will make a steady recovery once the vaccine is widely available, which will likely not happen until 2021. Once people know it's safe to go to concerts, sporting events, and sit 6 inches from one another on an airplane, then I think things will rebound. I'm guessing the aviation industry will rebound fully sometime in 2022, slightly behind the rest of the general economy. Don't forget all the mandatory retirements, too. Those aren't going away and will only aid in keeping the hiring process fairly brisk, again, once the economy gets back on track. So I think it's more like late 2022 and not 2024-2025 before hiring starts again. But that's just my WAG!!

JohnnyBekkestad

I agree with most of what you are saying, however... No airline will survive until a vaccine comes out in 2021 or recovery by 2022... Most airlines, regional or legacy only have a few months of reserves. If we are looking into next year for any kind of recovery, we will be looking at some major BK and furloughs coming late this fall.

pangolin

so two days instead of one. Same song different verse.

itsmytime

ridiculous. Only way xjt is not around is if United is not around. No predictions on the other 2 airlines you mentioned.

Itsajob

I think that you put too much value in XJT. They do a good job, just like everyone else, but if another regional can do the job for less, they’ll probably get the business. None of us know how this is going to play out, but I wouldn’t be overconfident about my job security if I was on the bottom part of a legacy seniority list, or at any regional, especially one that only operates 50 seaters.
SkyWest, Republic, and Mesa will most likely still fly the 175’s, but XJT isn’t a sure bet when it comes to the remaining 50 seat lift. SkyWest could be the survivor with the 50 seat jets that they fly. The bottom line is that XJT isn’t United’s golden child, no one is.

Melit

https://home.treasury.gov/news/press-releases/sm977
No mention of ManAiir

itsmytime

like I said before, i disagree. I think their investment is important. If you invest in something, you see it as an asset. If it stops being one, you rid yourself of it. Unless/until united removes their investment in xjt, I’ll continue to think they are safe. When/if that happens, I’ll change my tune completely.

Melit

United can’t use the bail out money to help companies they invested in. They can’t invest in themselves hence no buy backs

Itsajob

United is taking a very hard look at both the United side, and the regional side and trying to determine what assets are an investment going forward, and which are not. If it makes financial sense to retire the 767’s after spending millions converting the seating configurations, they will be gone despite heavy prior investments. Same goes for a regional carrier. If they decide that it makes financial sense to have another company cover the remaining 50 seat lift, despite prior investments in XJT, then they could just as easily be gone. Being that SkyWest owns a bunch of the 175’s that they operate for United, they’re probably fairly safe, but someone like XJT who doesn’t own much is definitely at risk.

trip

California officials just said lockdown on gatherings to remain in place for the rest of summer. I would expect this to impact the airlines recovery very negatively.