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Old 03-13-2020, 01:00 PM
  #81  
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The Union will be sending out a update tonight, but I’ve heard a reduction of over 25 percent. If this is the case, then we will certainly see VLOAs, and very possibly furloughs, and downgrades. I don’t believe they will have to give WARN notices either, because this is now a national emergency.

The good news is this will probably be over by June, so hopefully things return to normal for the summer flying.
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Old 03-13-2020, 01:13 PM
  #82  
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My class at Republic for June has been postponed UFN... can't say I didn't see it coming. Gonna keep plugging away. Hope the best for all of you guys and girls flying currently.
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Old 03-13-2020, 01:37 PM
  #83  
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Originally Posted by moonraker9 View Post
My class at Republic for June has been postponed UFN... can't say I didn't see it coming. Gonna keep plugging away. Hope the best for all of you guys and girls flying currently.
What class dates in June?
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Old 03-13-2020, 01:57 PM
  #84  
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Would everyone that said hiring wouldn’t stop please stand up! I hope no one seriously took your recommendations to leave their current/previous job.

Can’t wait for Tpinks’ expert analysis.
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Old 03-13-2020, 02:18 PM
  #85  
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Originally Posted by BOLO170 View Post
The good news is this will probably be over by June, so hopefully things return to normal for the summer flying.
The peak might be over, but you need to put down the peace pipe if you think the effects of this will just magically disappear by June. This year is toast. We can only hope for a pickup by the holidays and that it sustains through next year.
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Old 03-13-2020, 02:36 PM
  #86  
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Originally Posted by Jungle Jim View Post
The peak might be over, but you need to put down the peace pipe if you think the effects of this will just magically disappear by June. This year is toast. We can only hope for a pickup by the holidays and that it sustains through next year.
By June it will certainly have peaked in the US, but public confidence will take time. Could be late summer or even next spring. I suspect we will see furloughs similar to 9/11, but for less then a year. If we slide into a recession because of this, then who knows.....
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Old 03-13-2020, 02:57 PM
  #87  
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Originally Posted by BOLO170 View Post
By June it will certainly have peaked in the US, but public confidence will take time. Could be late summer or even next spring. I suspect we will see furloughs similar to 9/11, but for less then a year. If we slide into a recession because of this, then who knows.....
No one knows. But a lot of good actions today out of the WH and Congress. And, while there may or may not be furloughs, hiring at the very least will slow or completely stop. A backlog of CFIs and time builders waiting for Regionals to hire again is a blast from the past but almost assured now, at least for the short term.

Recession would not be as nearly as detrimental as what we saw in the financial crisis and crash. This market activity is 100% based on fear and not financials. But, if it continues, and company earnings are demolished from people staying home, then we get to financial crisis territory and long term damage to the markets will happen because of financials and earnings. We’re still not to that point yet.

None of it matters, however, unless the public starts flying again. So, it really is a waiting game and minimizing damage at this point.
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Old 03-13-2020, 06:09 PM
  #88  
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OK, who was it out there that said "pilot shortage" three times out loud?
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