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Y2K 2.0?
Not to be a downer, just curious…
for those guys/gals at the majors back in the late 90’s to 9/11, does the environment of today feel kind of feel similar to back then? big contract gains possible, hiring to the max, dubious mergers being floated, all airlines in precarious financial conditions but still having optimistic managements. |
Originally Posted by AllYourBaseAreB
(Post 3453042)
Not to be a downer, just curious…
for those guys/gals at the majors back in the late 90’s to 9/11, does the environment of today feel kind of feel similar to back then? big contract gains possible, hiring to the max, dubious mergers being floated, all airlines in precarious financial conditions but still having optimistic managements. |
Just hoping the other shoe just hangs out up there in limbo…
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The thing that gets you is something no-one sees coming, like 9/11 and Covid. I feel like the system as it is factors in all this “doom and gloom” and is chugging along in spite of it. If something is gonna kneecap our airlines it’s not gonna be anything we’re talking about now.
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Originally Posted by Extenda
(Post 3453061)
The thing that gets you is something no-one sees coming, like 9/11 and Covid. I feel like the system as it is factors in all this “doom and gloom” and is chugging along in spite of it. If something is gonna kneecap our airlines it’s not gonna be anything we’re talking about now.
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There is an elephant in the room but we don’t know what it looks like exactly and when it will reveal itself fully.
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Originally Posted by threeighteen
(Post 3453078)
True but we really haven't seen the downtown from Covid that we should have. The government printed epic amounts of money to keep people from losing their jobs. Now we're going to pay the price of that money printing as the consequences draw near and they slow down the money printer. all we really did was delay the pain of shutting down for covid a bit.
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The people who predicted what's happening now with inflation and fuel prices were all called conspiracy theorists, racists, and banned from social media. Sure enough though, reality has a pesky way of not caring about the left's feelings. Q2 is over, and we are most likely in an official recession, although I'm sure the MSM and the regime will try to spin that fact as some sort of good thing.
Hopefully the shortfall of pilots in the airlines is large enough that movement and hiring continue, but that will depend on how big the drop in demand is after the last of the covid savings/stimulus is spent this summer. |
Originally Posted by Extenda
(Post 3453111)
Perhaps. But at least everyone sees “this thing” coming.
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Originally Posted by chihuahua
(Post 3453123)
Q2 is over, and we are most likely in an official recession, although I'm sure the MSM and the regime will try to spin that fact as some sort of good thing.
Putin. Bad man. |
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