CEO Scott Kirby Adjusts Schedule
03-20-2025 | 05:34 AM
#12
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03-20-2025 | 05:36 AM
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- International inbound travel to the US is projected to decline by 15.2% compared to baseline projections.
- Inbound travel spending in 2025 could fall by 12.3%, amounting to a $22 billion annual loss.
- Total US travel spending, including both domestic and inbound travel, could be 4.1% lower than baseline expectations, representing a $72 billion reduction in total travel expenditures.
https://www.tourismeconomics.com/pre...travel-sector/
03-20-2025 | 07:22 AM
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03-20-2025 | 07:46 AM
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As United States President continues to ****s off our allies, people begin to rethink traveling to the United States. The American tourist industry is losing huge amounts of money because of the fall in tourism, and it may reach up to $64 billion of loss by the end of 2025.
What is your opinion of how bad is it going to get. Should Alpa be preparing for potential furloughs and working on new contract negotiations before no longer in a negotiation position.
Profit sharing?
https://www.yahoo.com/news/canadian-...142118673.html
https://m.economictimes.com/news/int.../119163277.cms
What is your opinion of how bad is it going to get. Should Alpa be preparing for potential furloughs and working on new contract negotiations before no longer in a negotiation position.
Profit sharing?
https://www.yahoo.com/news/canadian-...142118673.html
https://m.economictimes.com/news/int.../119163277.cms
03-20-2025 | 07:49 AM
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britain issues travel warning for us
https://www.newsweek.com/britain-iss...ations-2047878
03-20-2025 | 07:58 AM
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Right now according to the DOGE website, the cuts have saved $115B. That is less than 6% of the budget deficit, even doubling or trippling the DOGE savings do not move the needle much. Entitlements and Defence spending need to be cut, and revenue needs to increase as I 100% know that we have to stop deficit spending, and start reducing the debt. Besides the President and his cabinet, I have seen no economist (on either side of the aisle) say that tarrifs are an effective tool to increase revenue, and the uncertainty it is creating, certainly does not seem worth it.
I just listened to Scott at the JPM Industrial's conference and he did not give the indication that the sky is falling, this is the same conference that in 2020 where he was almost got laughed out of the room when he said the sky was about to fall, re: Covid.
My personal opinion is a recession could stop hiring, but with retirmenets, and new jets - I really dont see a furlough scenario, especially with >1,200 retirements between now and DEC2027.
I just listened to Scott at the JPM Industrial's conference and he did not give the indication that the sky is falling, this is the same conference that in 2020 where he was almost got laughed out of the room when he said the sky was about to fall, re: Covid.
My personal opinion is a recession could stop hiring, but with retirmenets, and new jets - I really dont see a furlough scenario, especially with >1,200 retirements between now and DEC2027.
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