UAL better off with Biden
11-04-2020 | 03:53 AM
#81
Line Holder
Joined: Jan 2008
Posts: 556
Likes: 2
Well it looks like this will be undecided for a while and might go to the courts. Regardless of which way you lean in the short-term the uncertainty is bad for the markets.
Even if Biden wins it looks like Senate stays as-is, which would mean little to no stimulus anytime soon. And any stimulus Dems put forward will be contested (watered down). Some could even argue all the airline’s except maybe one avoided furloughs on their own, so no stimulus needed for the industry. Gonna be an interesting 2021 for airline industry, hang on for the ride.
Even if Biden wins it looks like Senate stays as-is, which would mean little to no stimulus anytime soon. And any stimulus Dems put forward will be contested (watered down). Some could even argue all the airline’s except maybe one avoided furloughs on their own, so no stimulus needed for the industry. Gonna be an interesting 2021 for airline industry, hang on for the ride.
11-04-2020 | 05:40 AM
#82
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,886
Likes: 684
From: Engines Turn or People Swim
Well it looks like this will be undecided for a while and might go to the courts. Regardless of which way you lean in the short-term the uncertainty is bad for the markets.
Even if Biden wins it looks like Senate stays as-is, which would mean little to no stimulus anytime soon. And any stimulus Dems put forward will be contested (watered down). Some could even argue all the airline’s except maybe one avoided furloughs on their own, so no stimulus needed for the industry. Gonna be an interesting 2021 for airline industry, hang on for the ride.
Even if Biden wins it looks like Senate stays as-is, which would mean little to no stimulus anytime soon. And any stimulus Dems put forward will be contested (watered down). Some could even argue all the airline’s except maybe one avoided furloughs on their own, so no stimulus needed for the industry. Gonna be an interesting 2021 for airline industry, hang on for the ride.
11-04-2020 | 10:51 AM
#83
Gets Weekends Off
Joined: Sep 2020
Posts: 144
Likes: 0
I'd prefer limited or no covid stimulus to a total shift of government. The green new deal has no place for aviation, they could easily let us wither on the vine, or worst case cap us at current levels... 40% pre-covid. While that kind of extremism might well get overturned in 2-4 years due to backlash, the damage would be done.
11-04-2020 | 12:55 PM
#84
777 - ret
Joined: Apr 2020
Posts: 863
Likes: 0
From: Waco CG-4 center seat
11-04-2020 | 01:04 PM
#85
Line Holder
Joined: Nov 2012
Posts: 1,091
Likes: 1
Well it is time to start having a serious conversation about significant givebacks to help counter all the damage we do burning jet fuel. Payroll deductible carbon offsets perhaps? On top of that, a much smaller industry makes sense. Hourly service between city pairs? That is a luxury the planet can no longer afford. For all of us that must therefore transition out of the industry, learn coding or something like that. That can hold us over until the good paying new green energy jobs come on line.
11-04-2020 | 01:07 PM
#86
Gets Weekends Off
Joined: Nov 2009
Posts: 5,508
Likes: 109
I'd prefer limited or no covid stimulus to a total shift of government. The green new deal has no place for aviation, they could easily let us wither on the vine, or worst case cap us at current levels... 40% pre-covid. While that kind of extremism might well get overturned in 2-4 years due to backlash, the damage would be done.
11-04-2020 | 01:15 PM
#87
Gets Weekends Off
Joined: Sep 2015
Posts: 5,529
Likes: 197
From: UNA
if I’ve learned anything in the past year or two, it’s that people tend to take action over what they perceive, not necessarily what the data shows
11-04-2020 | 01:24 PM
#88
Gets Weekends Off
Joined: Nov 2017
Posts: 2,174
Likes: 1
Like I said, the president’s FIRST decision on this was to ban Chinese nationals from entering the country. And the first shot fired was one purely for political reasons. Not to mention that it was a good decision to begin with. So yeah, I stand by what I said, we all know.
11-04-2020 | 01:26 PM
#89
777 - ret
Joined: Apr 2020
Posts: 863
Likes: 0
From: Waco CG-4 center seat
Well it is time to start having a serious conversation about significant givebacks to help counter all the damage we do burning jet fuel. Payroll deductible carbon offsets perhaps? On top of that, a much smaller industry makes sense. Hourly service between city pairs? That is a luxury the planet can no longer afford. For all of us that must therefore transition out of the industry, learn coding or something like that. That can hold us over until the good paying new green energy jobs come on line.
11-04-2020 | 01:58 PM
#90
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
My grandfather homesteaded, ran a movie projector at a theater, and was a night clerk at a hotel. Never did learn to code.
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