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Originally Posted by Qotsaautopilot
Having liquify from debt and liquify from free government grants are two entirely different things. One you pay back while servicing, and one you get for free and send straight to your employees’ paychecks. What do you think the C-suite is going to say on an earnings call. They have to give the numbers but they also have to give those numbers in as rosy a light as possible. They can’t get on there and say we’re F’d if things don’t get better really quickly.
Your lack of perspective leads me to believe that history isn’t your guide. Maybe we haven’t seen Covid before but we’ve seen major industry downturns before and history proves that six months in from the initial event is still the early innings. Maybe people come roaring back to 2019 levels in the next six months but if you think running at 50% capacity on even further reduced margins will sustain ANY airline long term without mass furloughs then you weren’t paying attention the last two times.
I am much happier to be a Spirit today than anywhere else so I can agree with you on that and I hope as much as anyone this is all a bad memory come June. The thing is no pilot picks to be at a successful airline. It’s all luck of the draw. The fact that any of us are here during this period in the industry is pure dumb luck. This could just have easily have been skybus any other dead airline. And it still could be in the future.
Your lack of humility is unflattering. Put down the koolaide for a minute.
Dumb luck? The fact that any of us here during this is dumb luck? Sorry, no. Some of us haven’t spent the last few years on this forums crying and ashamed of who they work for, secretly envious of their friends at Delta. Some of us applied to Spirit for the exact reasons we are in today. Some of us are students of history with this career, some of us realize Spirit would be the airline best suited for recessions and downturns. You can view yourself as a failure because you ended up here, or as you so often say “we are here because Spirit hired us,” but I believe many of us here came here for reasons greater than that.
Early innings in a major downturn? You mean, economic downturn? Because this is hardly the early innings of the virus. So if your trying to say the economy will get worse, I’ll point out the above paragraph. This airline is made for bad economic times, just as SWA has been doing it over every economic downturn of the past.
You are free to sit in your corner and yell at the shadows about how this is going to get worse, how we are all screwed if AA files Ch11, and how you have the answers. I disagree pretty much everything you have ever said on here, and this is no exception.