Trade War Hurts Airlines
06-01-2019, 07:37 PM
#1
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Trade War Hurts Airlines
The IATA expects airline profits to come in at $28 billion in 2019, a drop from the previously forecast 2019 profits of $35.5 billion dollars.
"It has significantly impacted our outlook, and it's clear that this stop in the evolution in international trade comes directly from trade wars and protectionist measures,"
https://www.cnbc.com/2019/06/02/airline-industry-cuts-profit-outlook-cargo-business-hurt-by-trade-war.html
"It has significantly impacted our outlook, and it's clear that this stop in the evolution in international trade comes directly from trade wars and protectionist measures,"
https://www.cnbc.com/2019/06/02/airline-industry-cuts-profit-outlook-cargo-business-hurt-by-trade-war.html
06-01-2019, 07:41 PM
#2
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All wars are expensive. But somerimes survival requires it.
Thankfully this war only involves costing green....and not red.
Thankfully this war only involves costing green....and not red.
06-01-2019, 07:59 PM
#3
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Joined APC: Jan 2006
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Yeah, taking the long view it's probably a good thing for the country. At some point we had to stand up.
06-01-2019, 10:04 PM
#4
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China has been a bad actor for quite some time.
Just like a bully, someone has to call them on it it or it will continue forever. Not a painless solution, but it has to be done sooner or later.
Just like a bully, someone has to call them on it it or it will continue forever. Not a painless solution, but it has to be done sooner or later.
06-01-2019, 10:08 PM
#5
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You hear that unofficials are talking to Iran on their own, tell me it doesn't have something to do with the palleted billions.
06-02-2019, 04:21 AM
#6
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Originally Posted by badflaps
You hear that unofficials are talking to Iran on their own, tell me it doesn't have something to do with the palleted billions.
06-02-2019, 08:35 AM
#7
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Yeah, we’ve never called out China or imposed tariffs on them before.....
06-02-2019, 03:25 PM
#8
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Originally Posted by iahflyr
The IATA expects airline profits to come in at $28 billion in 2019, a drop from the previously forecast 2019 profits of $35.5 billion dollars.
"It has significantly impacted our outlook, and it's clear that this stop in the evolution in international trade comes directly from trade wars and protectionist measures,"
https://www.cnbc.com/2019/06/02/airl...trade-war.html
"It has significantly impacted our outlook, and it's clear that this stop in the evolution in international trade comes directly from trade wars and protectionist measures,"
https://www.cnbc.com/2019/06/02/airl...trade-war.html
Trade wars may hurt airlines but getting screwed for decades by unfair trade deals have been destroying our economy, industries and country. We need to unf@ck ourselves from China as much as possible or altogether as they are the real enemy.
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06-02-2019, 04:10 PM
#9
Fly or Die
Joined APC: Jan 2019
Posts: 484
Here’s some relevant reading on the subject:
https://finance.yahoo.com/news/china-launches-investigation-fedex-xinhua-110317908.html
https://finance.yahoo.com/news/china-launches-investigation-fedex-xinhua-110317908.html
06-02-2019, 04:11 PM
#10
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Posts: 4,116
Perot wz right abt the destruction of US jobs. Mostly high paying and many union.
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