Is Jetblue gonna take the money?
04-21-2020 | 04:46 PM
#31
Gets Weekends Off
Joined: Mar 2020
Posts: 537
Likes: 0
04-23-2020 | 04:18 AM
#33
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Speaking of grant money, that Sept 30th no-furlough requirement looks suspiciously close to the election. Just long enough that the big economic impact of tens of thousands of airline employees (and other industry employees) doesn't sour the economic data even worse before the election? I think so.
04-23-2020 | 05:38 AM
#34
SDQ Base Chief
Joined: Mar 2006
Posts: 6,089
Likes: 48
From: 320 CA
Speaking of grant money, that Sept 30th no-furlough requirement looks suspiciously close to the election. Just long enough that the big economic impact of tens of thousands of airline employees (and other industry employees) doesn't sour the economic data even worse before the election? I think so.
https://skift.com/2020/04/16/what-th...rnment-relief/
I wouldn’t be surprised to see no-furlough clauses extended through March 2021 with additional grant money.
04-23-2020 | 05:41 AM
#35
Gets Weekends Off
Joined: Aug 2007
Posts: 2,088
Likes: 12
Wait for stimulus 2.0 (or will it be #4? #5?)
https://skift.com/2020/04/16/what-th...rnment-relief/
I wouldn’t be surprised to see no-furlough clauses extended through March 2021 with additional grant money.
https://skift.com/2020/04/16/what-th...rnment-relief/
I wouldn’t be surprised to see no-furlough clauses extended through March 2021 with additional grant money.
04-23-2020 | 07:09 AM
#37
Gets Weekends Off
Joined: Dec 2017
Posts: 381
Likes: 0
Trump is one and done.
04-23-2020 | 07:19 AM
#38
Line Holder
Joined: Aug 2008
Posts: 535
Likes: 1
Enough about politics and the belief that there was something left "in the tank" to "jack up " the economy...before the CVirus.
Stimulus 2.0, maybe? But it won't sit pretty with Joe Public when he watches "Inside Edition" and finds out that we're flying jets around with 10 people on board AND nobody is losing their jobs due to a government subsidy.
I could see 2.0 just covering the "essential" routes and the minimum payroll for a drastically reduced airline sector. It's gonna be a while before Joe thinks about traveling to MCO for a Disney vacation. ( we'll still have ACK for the well connected)
04-23-2020 | 07:32 AM
#39
Line Holder
Joined: Jan 2008
Posts: 556
Likes: 2
Gotta agree with Rabid. Just don't see how the public will allow another Airline stimulus. The Congress is actually debating to allow State's to go Bankrupt rather than offer them a bailout. Do you think the taxpayer will allow state municipal pension funds to be reorganized under bankruptcy while also allowing another round of Airline relief? Just don't think there is enough money to go around and don't think there is much more sympathy anymore for Airlines. All sectors are hurting, not just the travel industry and they all want Fed money.
IMHO the Airline industry will be left with remaining Cares Act loan option or private financing after Sept 30th. Let's just hope for ALL Airline employees there is a quick recovery and we get on with the economy.
IMHO the Airline industry will be left with remaining Cares Act loan option or private financing after Sept 30th. Let's just hope for ALL Airline employees there is a quick recovery and we get on with the economy.
04-23-2020 | 07:33 AM
#40
Gets Weekends Off
Joined: Oct 2012
Posts: 3,274
Likes: 55
From: 190 captain and “Pro-pilot”
yeah it just happened, there wasn’t some virus or anything. I hope people don’t forget a lot of stuff coming out of this, on both sides.
I doubt there will be a 2.0 it’s really going to depend on the confidence of the public. At least we went into this with a solid economy so that helps but we certainly aren’t going to see those numbers for a while.
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