Diversification?
04-19-2020, 07:04 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jan 2016
Posts: 128
Diversification?
After the dust settles with the impact of COVID-19 do you think the legacy carriers will diversify into different avenues for revenue like Cargo? I know some of the international carriers like Lufthansa have their own cargo division. I feel like almost 3 decades of bankruptcy is a bad track record so far (Pan Am and TWA in the 90s, pretty much everyone in the 00’s, and who knows after COVID-19). I really don’t want to see the airlines nationalized by any means, but I don’t see any other alternative other than diversification to stay profitable in unprofitable times. Like it or not, something major will come along again in the future and if the carriers don’t change their ways the American taxpayer has to bail them out again.
04-19-2020, 07:16 AM
#2
Banned
Joined APC: Dec 2019
Posts: 73
Originally Posted by BoldPilot
After the dust settles with the impact of COVID-19 do you think the legacy carriers will diversify into different avenues for revenue like Cargo? I know some of the international carriers like Lufthansa have their own cargo division. I feel like almost 3 decades of bankruptcy is a bad track record so far (Pan Am and TWA in the 90s, pretty much everyone in the 00’s, and who knows after COVID-19). I really don’t want to see the airlines nationalized by any means, but I don’t see any other alternative other than diversification to stay profitable in unprofitable times. Like it or not, something major will come along again in the future and if the carriers don’t change their ways the American taxpayer has to bail them out again.
04-19-2020, 07:27 AM
#3
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by BoldPilot
After the dust settles with the impact of COVID-19 do you think the legacy carriers will diversify into different avenues for revenue like Cargo? I know some of the international carriers like Lufthansa have their own cargo division. I feel like almost 3 decades of bankruptcy is a bad track record so far (Pan Am and TWA in the 90s, pretty much everyone in the 00’s, and who knows after COVID-19). I really don’t want to see the airlines nationalized by any means, but I don’t see any other alternative other than diversification to stay profitable in unprofitable times. Like it or not, something major will come along again in the future and if the carriers don’t change their ways the American taxpayer has to bail them out again.
04-19-2020, 09:43 AM
#4
Speed Verified
Joined APC: Sep 2017
Posts: 1,013
Phases to re-open, aka back to sanity are beginning. People are chomping at the bit for life and freedom. FL opens its beaches, boom they're packed. I hope for all of us its a sign of things to come and we can right this ship.
04-19-2020, 01:04 PM
#5
Gets Weekends Off
Joined APC: Nov 2012
Posts: 2,030
The beaches aren’t really packed, in fact they’re empty. News channels are showing old footage to try to discredit the politicians, but if you go to the live web cams there’s hardly anyone on them.
fll
https://www.sunny.org/webcam/?gclid=EAIaIQobChMIiYL567D16AIVEovICh0VDAmHEAAYASA BEgLz4PD_BwE
Jax
https://www.firstcoastnews.com/mobil...d-db10524d1db0
fll
https://www.sunny.org/webcam/?gclid=EAIaIQobChMIiYL567D16AIVEovICh0VDAmHEAAYASA BEgLz4PD_BwE
Jax
https://www.firstcoastnews.com/mobil...d-db10524d1db0
04-19-2020, 01:08 PM
#6
Line Holder
Joined APC: Sep 2018
Posts: 70
Originally Posted by Grumpyaviator
The beaches aren’t really packed, in fact they’re empty. News channels are showing old footage to try to discredit the politicians, but if you go to the live web cams there’s hardly anyone on them.
https://www.sunny.org/webcam/?gclid=...SABEgLz4PD_BwE
https://www.sunny.org/webcam/?gclid=...SABEgLz4PD_BwE
https://www.daytonabeach.com/things-.../live-web-cam/
Sent from my Pixel 3 using Tapatalk
04-19-2020, 01:57 PM
#7
Speed Verified
Joined APC: Sep 2017
Posts: 1,013
Alright, apologies for the use of 'packed'. My point was people will get back to things and live their lives, hopefully getting back to their jobs, meaning we can all go back to flying, and in turn spin the economy back up. Just trying to keep a positive light and dump the doom and gloom kool-aid.
04-19-2020, 04:16 PM
#8
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by Grumpyaviator
The beaches aren’t really packed, in fact they’re empty. News channels are showing old footage to try to discredit the politicians, but if you go to the live web cams there’s hardly anyone on them.
fll
https://www.sunny.org/webcam/?gclid=EAIaIQobChMIiYL567D16AIVEovICh0VDAmHEAAYASA BEgLz4PD_BwE
Jax
https://www.firstcoastnews.com/mobil...d-db10524d1db0
fll
https://www.sunny.org/webcam/?gclid=EAIaIQobChMIiYL567D16AIVEovICh0VDAmHEAAYASA BEgLz4PD_BwE
Jax
https://www.firstcoastnews.com/mobil...d-db10524d1db0
https://www.local10.com/news/local/2...ch-police-say/
04-19-2020, 06:46 PM
#9
Gets Weekends Off
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Originally Posted by full of luv
Yes but that narrative doesn't get you clicks, sell subscriptions, and dig FL residents who need to be punished for not electing the crystal meth partying, former mayor of Tallahassee as their governor.
https://www.local10.com/news/local/2...ch-police-say/
https://www.local10.com/news/local/2...ch-police-say/
04-20-2020, 06:26 AM
#10
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Originally Posted by chrisreedrules
Hahaha. Andrew Gillum. Can’t believe that guy was so close to becoming Florida’s next governor. Caught with prostitute in a puddle of his own vomit high on meth. Classic.
Incredible hubris by some people.
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