US Airline Flight Cancellations from COVID-19

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03-06-2020, 12:28 PM

#51

jamesholzhauer

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https://www.streetinsider.com/dr/news.php?id=16584778 looks like cuts coming to Alaska.

03-06-2020, 12:46 PM

#52

Name User

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Posts: 3,094

Quote:

Originally Posted by jamesholzhauer

https://www.streetinsider.com/dr/news.php?id=16584778 looks like cuts coming to Alaska.

Wow Alaska owns half their fleet outright? That's pretty impressive. And certainly good for their stability. I'm guessing AA doesn't own a single plane!! Joking of course but it's probably pretty low. Not even sure where that info would be.

03-06-2020, 01:02 PM

#53

Name User

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Quote:

Originally Posted by at6d

My father is recently retired after 50+ years in the food business. His company reports so far they may lose half their bookings (primarily large scale catering) for the year if the trend continues. These aren’t small events—most of their stuff averages 500 people per event.

A buddy of mine that does engineering troubleshooting for cell towers reported that his company is banning travel as well.

A friend’s husband runs a tour company—upcoming tours are cancelled.

This stuff is going to hurt.

Wife's company (80k in tech industry) is "auto-canceling" all flights starting Wednesday if the employees haven't canceled them.

I agree; this has a cascading effect all the way up and down the economy.

Hey, at least gas is cheap!!

03-06-2020, 03:15 PM

#54

BoilerUP

The NeverEnding Story

Joined APC: Sep 2005

Posts: 7,512

US Airline Flight Cancellations from COVID-19

Quote:

Originally Posted by SparrowBird

No bank of america today said we are.

Link?

Found an article that they discussed possible recession indicators to watch for, but nothing that stated BoA claims we are in a recession.

03-06-2020, 04:41 PM

#55

eppnet

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Quote:

Originally Posted by SparrowBird

No bank of america today said we are.

Talking points on CNBC do not declare a recession. There are many factors that contribute to an actual recession. GDP and unemployment are a few. It takes a couple months to declare and 1 month of global travel reduction due to a virus is not enough.

03-06-2020, 10:32 PM

#56

Av8rPHX

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SXSW canceled in AUS

Sent from my iPhone using Tapatalk

03-07-2020, 12:46 AM

#57

SSlow

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Quote:

Originally Posted by Av8rPHX

SXSW canceled in AUS

Sent from my iPhone using Tapatalk

Ultra in Miami also canceled

03-07-2020, 02:21 AM

#58

crflyer

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K, guys. Gonna keep happening.

03-07-2020, 09:15 AM

#59

tyler durden

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Quote:

Originally Posted by ugleeual

Wouldn’t know their is a virus scare... EWR airport is packed today

There isn't, at least not from rational people living their daily lives. Media hyped, profit-driven click bait causing mass cancellations of public gatherings out of an "Abundance of caution". Give me a break. Real reason? Fear of a predatory, opportunistic legal system. Heaven forbid someone catches the flu. Sign of times w social and mainstream media closing down the planet every flu season? Torts reform anyone?

Best part? Company paid Non-refundable Airline and hotel reservations for conventions now being used by those "daring, death defying" employees looking to enjoy a vacation.