Furlough estimate
#1601
Gets Weekends Off
Joined APC: Apr 2015
Posts: 166
From what I understand, the number of new instructors that need to be trained to get us to the 3900 number would take some time and significantly slow the process. Also, there is nothing that prevents our competitors from having a second round of furloughs. After a vaccine is found, it will take some time to distribute it, show that it works, and build the public’s confidence. Hopefully that can happen before we get too deep into the next wave, but I have no doubt that they will cut to where they want to be. Like you say, Kirby is aggressive and I’m glad he’s there instead of another Tilton or Smisek. My guess is that he doesn’t want to cut deeper than the competition, but if they go deeper, I expect him to do the same.
#1602
I agree, however, that for many people the psychological effects of a vaccine may prove as beneficial as a good ol’fashioned placebo. Sorry for the drift ...Back to the topic at hand.
#1604
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
All numbers are subject to change, but based on what others have written here and old (July) guidance, expect 1750 furlough notices to go out at the end of Aug/beginning of Sep. It could be as high as 2250 or as low as zero, although zero is very, very unlikely.
#1605
Line Holder
Joined APC: Feb 2020
Posts: 98
I agree but with one exception. I don’t think a recovery will be dependent on the vaccine at all. Instead, it’ll be based on the steady and persistent decline in the number of people infected. The more important question is whether or not we’ve collectively built an immunity to this over time. And, if that is indeed the case, then a vaccine will only prove as effective as the yearly flue shot, if that.
=12pt
=12pt
https://www.bloomberg.com/news/artic...n-in-it-worker
#1606
Gets Weekends Off
Joined APC: Aug 2020
Posts: 2,240
I agree but with one exception. I don’t think a recovery will be dependent on the vaccine at all. Instead, it’ll be based on the steady and persistent decline in the number of people infected. The more important question is whether or not we’ve collectively built an immunity to this over time. And, if that is indeed the case, then a vaccine will only prove as effective as the yearly flue shot, if that.
I agree, however, that for many people the psychological effects of a vaccine may prove as beneficial as a good ol’fashioned placebo. Sorry for the drift ...Back to the topic at hand.
I agree, however, that for many people the psychological effects of a vaccine may prove as beneficial as a good ol’fashioned placebo. Sorry for the drift ...Back to the topic at hand.
#1607
The recovery will depend on more than just the actual virus. Prolonged lockdowns has had a negative affect on businesses and jobs. They will have a recovery period as well, and that will have a significant effect on demand for air travel from both the business and leisure market. I hope that the recovery quickly builds to a sustainable level while we grow back to where we were. If it is more prolonged there will be plenty of time to retire fleets and furlough many more than the initial 2250.
#1608
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
Some evidence emerging that may be the case...
https://www.bloomberg.com/news/artic...n-in-it-worker
https://www.bloomberg.com/news/artic...n-in-it-worker
My concern is that there is more than one strain of the virus out there, which means that a truly effective vaccine will need to fight more than one strain of Covid.
#1609
That article points out that he caught two different strains of the virus. No real difference than catching two different strains of the flu which is also a virus (influenza).
My concern is that there is more than one strain of the virus out there, which means that a truly effective vaccine will need to fight more than one strain of Covid.
My concern is that there is more than one strain of the virus out there, which means that a truly effective vaccine will need to fight more than one strain of Covid.
#1610
Gets Weekends Off
Joined APC: Aug 2020
Posts: 2,240
The 0911 event suspended airline operations for 5 days in the US only. Everything else remained open and, to some degree, unchanged. It plummeted the world into a recession. This event has frozen global commerce and sat down any growth on a broad spectrum for more than 6 months on a global scale. It took decades from the 0911 event to recover to normal levels of operational growth in many sectors. In this case the global economy has been plunged into an abyss still unknown for over 6 months. Who thinks this recovery will be a known quantity for the airline executives, besides being the bargain buster for union execs? Scuse me, there is no history or comparison to this event...
Thread
Thread Starter
Forum
Replies
Last Post