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Airline Stocks Soar on upbeat TSA Data

Old 05-18-2020, 11:10 AM
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Default Airline Stocks Soar on upbeat TSA Data

Finally some good news:

https://www.marketwatch.com/story/ai...sehEIXodsXBDSM
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Old 05-18-2020, 07:02 PM
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I think we all knew Buffet bailed too soon on airline stocks. Buy high, sell low is more like a move I would have expected from me, not WB. Haha

Glad to see some better news. Here’s hoping for more in days to come....
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Old 05-18-2020, 07:04 PM
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Airlines aren't furloughing for what it looks like now or the next couple weeks. They are furloughing for what they are projecting for mid 2021. All of these TSA passenger increases are already baked in to the airline numbers.
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Old 05-18-2020, 08:07 PM
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Originally Posted by ShyGuy View Post
Airlines aren't furloughing for what it looks like now or the next couple weeks. They are furloughing for what they are projecting for mid 2021. All of these TSA passenger increases are already baked in to the airline numbers.
How the hell do you go from needing 1400 pilots this year to furloughing 2500?

Some of these airlines are using the same models for staffing that said we'd lose 2.2 million people in this country due to COVID-19.
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Old 05-18-2020, 08:45 PM
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Originally Posted by RJSAviator76 View Post
How the hell do you go from needing 1400 pilots this year to furloughing 2500?

Some of these airlines are using the same models for staffing that said we'd lose 2.2 million people in this country due to COVID-19.
Is that a real question? Do you live under a rock?
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Old 05-18-2020, 09:06 PM
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Originally Posted by RustyChain View Post
Is that a real question? Do you live under a rock?

Yep. Flintstone style.
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Old 05-18-2020, 11:47 PM
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Originally Posted by RJSAviator76 View Post
How the hell do you go from needing 1400 pilots this year to furloughing 2500?

Some of these airlines are using the same models for staffing that said we'd lose 2.2 million people in this country due to COVID-19.
Um, that +1,400 number was pre-Covid when demand was high for airline travel. It has since plummeted (about 10% traveling compared to the normal amounts. TSA's site shows 200k pax daily or so compared to 2.5mil last year same date). And since this virus is here to stay for quite some time and vaccines at least 12 months away, the airlines have to project to next summer and estimate what travel demand, capacity looks like, and decide on active pilot requirements. That's why furlough numbers are projected for summer 2021 active pilot requirements. The sad part is at least for the big 3, they'd rather cut not enough than too much because then they would not be able to benefit from a quick recovery if that ends up being the case. The downside is these are initial baselines from which furloughs can get worse. United alluded to this when they put their displacement bid out.
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Old 05-19-2020, 01:34 AM
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Loads are still running ~10% of previous year's numbers. I see no reason for optimism yet. Let's revisit when numbers are 20% of year ago numbers.
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Old 05-19-2020, 04:36 AM
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Originally Posted by Andy View Post
Loads are still running ~10% of previous year's numbers. I see no reason for optimism yet. Let's revisit when numbers are 20% of year ago numbers.
Once Disney and Las Vegas reopen it's game on.
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Old 05-19-2020, 04:53 AM
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Originally Posted by drywhitetoast View Post
Once Disney and Las Vegas reopen it's game on.
I hope you're right.
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