Outlook
 

“I think what you're going to see is a multi-year resurgence in travel that's going to continue," Bastian said. "And I don't see anything in the economic outlook that suggests that travel is going to be stalled.”

-Ed Bastian, Delta CEO

April, 13th 2023

Dear United ALPA Negotiating Committee: STAND FIRM and STAND STRONG!

Lol. Kind of reminds me of Doug Parker. “I don't think we're ever going to lose money again,” Parker said. “We have an industry that's going to be profitable in good and bad times.”

Here’s that statement visualized

https://youtu.be/vAgG9XcrDFY

I thought this thread was going to be about Microsoft products.

He might have actually been correct, for some number of decades, if not for covid. He was talking about economic cycles.

The nature of the airline business (exceptionally high fixed costs) means that you cannot practically operate with an economic model which would be resilient in the face of the largest of black swans (ex covid). But managers need to recognize that swans do happen, and need to be prepared to adapt to at least medium-sized ones.

This APC, you can make it whatever you want to be!

Welcome to Discussion Questions! Your questions are worthy of discussing!

1) have you considered the fruit company of which forrest gump was invested in could have very well been an advertising scheme by SJ during the atrocious year of the colored iMac?

2) do you suppose it could have just as easily been a window company referenced in the movie?

Thank you for choosing Discussion Questions!

Kidding

lost but not forgotten :D

I have a long career left. The weakening of the dollar and our debt situation concerns me more than our individual airlines. I believed for a long time that as long as other countries bought our debt, we’d be ok. I’m really not so sure anymore. It’s depressing and there are good arguments on both sides, but I feel like the walls are closing in.

Hey Bill Gates, why’d you name your company after your d&@£?

We could pay off our national "debt" tomorrow if we decided to. However, that would be catastrophic for the dollar. Also, we do not depend on foreign nations to purchase debt. The Fed is the largest holder of treasuries, and it also creates the currency. I wouldn't lose any sleep over it.