Corona Virus and Impact on B6 Operations
 

With the CDC saying the Coronavirus will spread throughout the US, it has become a source of concern for the airline industry.

Obviously, legacies will be the first to lose revenue as they are much more exposed internationally. However, if the virus spreads in the US, that may not matter, as all airlines will lose revenue if there is a massive disruption to the system.

With a high transmission rate, and the fact that it can be spread with no symptoms, coupled with a 2% death rate, it could be chaotic. If everyone in the US got it, that is roughly 7 million deaths if the 2% number is true. Many suspect that percentage could be higher, as Chinese statistics are not fully trusted.

Even domestic carriers such as B6 are not safe if what the CDC says is true. How is this company equipped to handle a possible crisis such as this? Defer deliveries, park the old 190s faster, and furlough if things get bad?

https://www.google.com/amp/s/www.was...outputType=amp

https://www.airlinepilotforums.com/m...try-crash.html

No one knows....we’re all along for the ride anyway.

On the subject, what ever happened to the change mandated by the FAA Reauthorization act which was to change the altitude from above 250 to above 410 for O2 mask usage with one pilot at the controls. If this virus catches fire over here I will not be putting that thing on unless there is a real deal depressurization or smoke.

https://uploads.tapatalk-cdn.com/202...858720c3ce.jpg

Active cases are actually dropping, so maybe let’s wait until we panic


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Looks like JB mgmt has been brilliant on delaying their entry into the JFK-London market!!!

What about secondary barriers? Thats the REAL threat.

Ha yea I was thinking the next line of that email would’ve mentioned progress on the O2 mask provision since you’d think that’d kind of be a priority!

Don’t panic quite yet by already totaling up 7 million dead, on the flip side that 2% figure coming from China (if it is to be believed), is the figure is for the Chinese health care system......Despite what you might be lead to believe outside of Beijing, Shanghai and Guangzhou it’s still very much a “developing” nation. That was one of many places I never wanted to get sick.

I would wait a bit on your freak out to see what the rate turns out to be in S Korea, Japan and Italy and then freak out as appropriate!

On the bright side our stock purchase plan is going to buy in at a great price! :)

It wouldn't be a surprise if Jetblue leverages this event to delay or indefinitely postpone the start of their "London" operation.

I'm far from the majors, but our flight school closed yesterday. We were told is directly related to the virus. We got notice to clean out our mailbox and leave key at the front desk, the company is ceasing operations effective immediately. 150 instructors on the street today looking for a job. We primarily trained Chinese students and with China air ops slowing to a crawl they are unable to pay the flight schools for the training. So, we essentially went bankrupt training all these kids and not being paid by their parent airline.

Bad management by my company? Probably has something to do with it. We just bought 20 airplanes a month ago and planned on ramping up operations to accommodate more students, so something tells me my company did not see this coming.

China and Chinese airlines not being transparent about the severity of the situation? Probably has more to do with it.

How many other flight schools are going to feel this pinch? How many instructors will not be getting to ATP minimums in a timely manner to fill seats at the regionals? Is this the next wave of the industry slow down?

No it starts at 1 out of 3 getting extra
Screening from TSA. THEN it starts at secondary barrier. And finally OXY mask.

Don’t forget to get extra screening.

I know nothing about where you work. But, I’m guessing whoever runs the show was shutting doors regardless. I’m a believer this just needs to get to the second page of the news paper, and also people need to read more than just a headline. There are plenty of stats saying it’s slowing, the flu is worse, and that those basically with compromised immune systems are at risk (shocker!!)

Wash your hands. Cover your mouth. Ride it out, hopefully investors stop selling purely on emotion. And if they don’t. Hopefully you have some cash to ride the market on its way up.

That sucks, hate to hear that.
But this relates to JetBlue how??

Can’t speak exactly for him/her, but I can guess that it’s the concern of this potentially being the start of another Lost Decade for us. I know that’s definitely a fear of mine right now: being on the wrong side of the timing (still at a regional/time-building gig, or worse, close to retirement) with another 8-10 years of stagnation (at best), or shrinking/furloughs/bankruptcies/airline closures on the horizon. Now, whether it actually happens like it did from 9/11-2012 or not remains to be seen.

With that said, I do know that there are plenty of things we can do to prevent such a disaster from completely derailing us financially. Try to get rid of as much of your debt as quickly as you can, have a diverse portfolio and stay on top of it, have at least one other source of income (preferably something that has absolutely nothing to do with airlines/aviation), and continue to learn new marketable skills and apply them to the marketplace. My opinion, of course.

Might I suggest going 100% into Orange Juice futures?

oh, I see what you did there. It was the Dukes, it was the Dukes.

If you talked to an ENT with knowledge of cockpit O2 systems your priorities may change.

He was being facetious, can’t you tell?

He was referencing the Alpa Govt Affairs email with no reference to pushing for change to the O2 requirement, but concentrating on secondary barriers.

I don’t want to sound rude but I’m a bit pleased the system is slowing them down for the worlds sake. There is only so much “growth” the earth will support. Seeing new plane after plane ferrying over there worries me on humanities future.
May you do as recommended above and pursue other avenues as a backup in the mean time to flying. 9-11 saw me doing construction for quite awhile and making more money than flying at the time. I’ve since used the education in that to line of work to take care of my own homes/rentals. As we are about to see flying is a luxury, not required for life. And 20 years later I’d probably be making more in construction still.
living the dream

OK, Greta.

Email out. 5% capacity cut. Considering more. Slowing hiring. Buckle up. Hope this is a quick blip. Don’t have a great feeling though.

Insert expletive and panic on my behalf here.

Nope. I’ve started reading up on Section 23. Looks like we’re on that path....hope for the best. Good luck to everyone.

For real? 5% (temporary) cut in flying and we are furloughing? Yah def headed that way. Probably a good thing. We are flying around 70% capacity anyway cutting routes left and right. We are operating flights 12 hours late to get completion factor At 99.9% with 0 people on the plane.

Any specifics on “slowing hiring?”

I have no idea where this story is gonna go, just like you don’t. This is the first step though and the virus really hasn’t peaked in the United States yet.

So what’s the deal with collecting unemployment when furloughed? Anyone have experience with this?

I wouldn’t worry about it.

Sure do! Can’t wait for another one…
A lot of it depends on the state. But essentially you’re paid a percentage of what you made per month.
Have to prove certain things. Show you’re trying to get a job etc etc.

I'm retracting my statement after giving it more thought.

After the extreme cost cutting at the expense of, well, everything, I now consider anything possible.

Joanna just dumped 12,655 shares (Cheap too, less than $15).

Wow, well there's a vote of confidence in our future!

https://www.sec.gov/Archives/edgar/d...5X03/edgar.xml

Well, at this point, I would say I’m officially concerned.

Not me. Nothing to fear until the DR is crawling with the virus. Then we'll be screwed .

How about NY?

https://www.google.com/amp/s/www.was...outputType=amp

Ask, and ye shall receive.

https://www.reuters.com/article/us-c...-idUSKBN20O21V

I hate paywall news sites.

joanna doesn’t decide when to sell. All executives have predetermined sell dates conducted by a 3rd party. Otherwise they could be accused of insider trading

I believe is the normal process, but I also believe the executive CAN sell whenever they want, but they are then forgoing the protections you mentioned.