PPRuNe Forums - View Single Post - Greatest opportunity for pilots amid crisis?
Old 23rd Mar 2020, 08:48
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sheikhthecamel
 
Join Date: Feb 2019
Location: (ex)Sandpit currently more temperate
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Three main factors at play here:
  1. The supply / demand equation: the democratisation of air travel has grown the industry dramatically in the last decades, but how will the current crisis affect the future? Will demand come back up quickly, or will there be a new normal at lower demand?
  2. The passengers willingness to forgo any form of comfort/luxury in the name of cost. This is a huge burden on legacy airlines and has driven the industry to very skinny margins.
  3. The high operating leverage of airlines means that they are laser focused on cash-flows and costs. Of those, cost is the only one they can control.
(1) is a global problem, and we can only hope that we will return to something approaching the old normal, but there are serious question marks.
(2) and (3) are industry structural issues, and very difficult to back out of that corner.

I'm afraid that there is not an awful lot that pilots can do to influence these factors...

Last edited by sheikhthecamel; 23rd Mar 2020 at 09:20.
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