Originally Posted by Paragraph377
(Post 10725999)
There will probably be 20 major airlines worldwide. Qantas will be one of them. None of them will be in good financial standing initially, but that will change as they rebuild. Smaller players, regionals airlines, charter and GA will be gone, all of it. Freight operators will slowly grow.
This event has and will change society collectively. Don’t be surprised if in a few months time the World emerges from this with almost all terrorism eliminated, church doors never to be allowed to open again and we have a cashless society now using a global digital currency. Realestate as you currently know it will crash back to earth and they will ban the private use of Gold as currency or trade. Governments will retain the special emergency powers they have implemented and we will be watched and monitored in everything we do. Governments will capitalise on this crisis to do things they have never done before and none of the plebs will fight it. Could you kindly inform the rest of us how and why all this will happen? Im very interested. |
The crappier the world gets, the more valuable land becomes. Whether it’s value is measured in dollars or potatoes doesn’t really matter. It provides security.
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Very regular SLF and reader of pprune, I registered just now to post this to tell you guys to keep your chins up. Your industry is not dead - just in hibernation. I can tell you that there are plenty of people lile me who are already waiting to get back in the air - for me I know my travel pattern will be double what it's been pre-covid. So it's not all doom and gloom! The industries suffering right now will be filled by those industries like mine that are not currently in decline.
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People are forgetting that fuel is heading toward 5-10 cents a litre. That makes flying ludicrously efficient compared to most other forms of transport.
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The reality is that people need money to travel, premium class more money so successful business people and retirees. Many businesses will go broke here very quickly, retirees have seen their super go backwards, 80,000 people lost their jobs yesterday alone, landlords will either get no rent or reduced rent for a long time. Realistically without a quick return to normality unemployment in Australia will probably reach 15%. The AUS$ has also lost a lot of value so IMO there will not be anywhere near the demand for international travel. The wheels of commerce have jammed up badly, this is very very serious. My estimation is that for the next 18 months Qantas will survive with 14 787s and some of their 330s.
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Originally Posted by SOPS
(Post 10726185)
Well they are very happy thoughts! Would you mind expanding on why all churches will be closed forever, money will disappear and Real Estate will crash. ( i agree it does not look good for Real Estate.. but you seem to suggesting the end of days.)
Could you kindly inform the rest of us how and why all this will happen? Im very interested. |
Sweet! I was waiting for the first Nostradamus thread! So, who are we backing as the Third Anti-Christ???
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Originally Posted by f1yhigh
(Post 10725978)
I am a realist, as I'm sure many of you are. What can we expect when all this is over? Some have reason to believe there will be no more flying for the VA A330s, QF 747s/A380s and some are even speculating that Project Sunrise will be expedited and could be flying as early as late next year.
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Really disappointed in the way our PM, Premiers, health ministers, doctors, the whole western world have approached this whole thing. Not one of them have said,
do not be scared of this virus what you should be scared of is your own immune system? In the past month not one mention of your own immune system. The human body was designed with a self defence mechanism. So use it. Boost it. Food is your medicine, not the corner drug store. We all know that any drug you take lowers your gut flora hence lowers your immune system. If your going to eat junk food, smoke, don't get enough sleep, no proper nutrition no exercise then the coronavirus can't wait to incubate inside you. However if you do the reverse your immune system will be bullet proof. So the pollies advise you to stay indoors get depressed, no sunlit Vit D vital for fighting infections, look at screens all day which all lower your immune system. So in one paragraph I've mentioned immune system 5 times. I believe that's 5 nil to me health minster. I preach what I say I'm in my late 50s and never bought a drug in 20 years, only supplements, and the last time I caught the flu was in my 20s. Don't forget to drink your 8 glasses of water too. Now if everybody did this the virus would die in it's own tracks within weeks. Hence no one would of lost their jobs. No economy melt down. |
The reality is that people need money to travel, premium class more money so successful business people and retirees. Many businesses will go broke here very quickly, retirees have seen their super go backwards, 80,000 people lost their jobs yesterday alone, landlords will either get no rent or reduced rent for a long time. Realistically without a quick return to normality unemployment in Australia will probably reach 15%. The AUS$ has also lost a lot of value so IMO there will not be anywhere near the demand for international travel. The wheels of commerce have jammed up badly, this is very very serious. My estimation is that for the next 18 months Qantas will survive with 14 787s and some of their 330s. |
Originally Posted by Turnleft080
(Post 10726310)
Really disappointed in the way our PM, Premiers, health ministers, doctors, the whole western world have approached this whole thing. Not one of them have said,
do not be scared of this virus what you should be scared of is your own immune system? In the past month not one mention of your own immune system. The human body was designed with a self defence mechanism. So use it. Boost it. Food is your medicine, not the corner drug store. We all know that any drug you take lowers your gut flora hence lowers your immune system. If your going to eat junk food, smoke, don't get enough sleep, no proper nutrition no exercise then the coronavirus can't wait to incubate inside you. However if you do the reverse your immune system will be bullet proof. So the pollies advise you to stay indoors get depressed, no sunlit Vit D vital for fighting infections, look at screens all day which all lower your immune system. So in one paragraph I've mentioned immune system 5 times. I believe that's 5 nil to me health minster. I preach what I say I'm in my late 50s and never bought a drug in 20 years, only supplements, and the last time I caught the flu was in my 20s. Don't forget to drink your 8 glasses of water too. Now if everybody did this the virus would die in it's own tracks within weeks. Hence no one would of lost their jobs. No economy melt down. Much of Italy and Europe in general eat very well. |
Bend alot OK put it this way, when you walk down the street or do the gardening you are exposed to thousands of germs. Your immune system fights them
off. The more you boost your immune system the less sick you get. The Italians they may eat well which is good, so why are they dying. What other things will destroy your immune system. It comes down to other things relying on drug stores, no exercise, and yes smoking. When I was in Europe last smoking was out of control. That's another 3 to me heath minister. |
Originally Posted by Turnleft080
(Post 10726356)
Bend alot OK put it this way, when you walk down the street or do the gardening you are exposed to thousands of germs. Your immune system fights them
off. The more you boost your immune system the less sick you get. The Italians they may eat well which is good, so why are they dying. What other things will destroy your immune system. It comes down to other things relying on drug stores, no exercise, and yes smoking. When I was in Europe last smoking was out of control. That's another 3 to me heath minister. They do the complete opposite to you, yet no recorded case even in Australia. At over 50 you are at risk and a good diet will not help if you have underlying health issues, they can not be known to you now. All people in Australia have a higher chance of dying from this virus in 2020 than an aircraft crash & I think we only have 7 to date from the virus, with possibly around 20 in aviation. |
The outcome would differ greatly the sooner a cure or effective treatment is identified and put into practice.
(I don't have a lot of faith in our medical systems and scientists so I am not particularly optimistic on that happening sooner rather than later). |
It's now a big problem and we need to be careful and avoid every kind of crowd.
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The big question is of course, how long this goes on for. A vaccine available in mass quantities tomorrow would end the immediate crisis and we could concentrate on the economy, a second wave of a more severe virus strain with a higher mortality rate would plunge us into a depression that would still affect our grandchildren.
Generally people will downgrade a step or two, first class to business, business to economy, full service to low cost. Long haul holiday destination to regional, regional to domestic. The problem experienced in the UK after the financial crisis was that people's spending levels didn't instantly rebound once things improved. Money saving habits were ingrained and once it was realised that supermarket own brands did the same job as premium ones, you didn't actually need to upgrade your cell phone every year and a take away with supermarket wine was as nice as a meal in a poncy restaurant, at 1/4 of the price, it was hard to justify going back to the old ways. This was especially applicable if you were caught with your pants down financially having little in the bank and heavy monthly commitments. After this pandemic and worldwide depression I predict a much smaller airline industry to emerge, similar to before deregulation. Airlines without a very healthy balance sheet before this started, or government backing will go under. What’s left will be nationalised or subject to heavy controls regarding routes, timetables and fares. For most A380s it’s almost certainly long term storage for a couple of years and only back on a few limited routes where the numbers add up, if and when it does return. A small number of airlines might have the critical mass in terms of viable routes to operate them on. The B777-300 becomes the new A380 Probably the final nail for the B737 MAX as well. Why waste billions in patching up a fundamentally flawed design for which future demand has evaporated ? There may have been a case for a solution when the order book was in the thousands, but not any more. The current number of narrow bodies already flying will be able to cope with the reduced demand and the lower oil price will extend the life of the older less efficient versions. Far fewer reasons to spend on a new airframe when there isn't that much difference in the operating cost vs a 10 year old model. The US government will likely take over Boeing due to its importance to the economy and as a defence supplier. The downturn could be used to develop an all new replacement aircraft. I believe that the future is now all twins, with A320/B737s being used to the limits of their range and B777-200/B787s taking over from there. These types are already in existence in significant numbers and economical to operate, even though fuel price won’t be much of an issue for a while. High density seating in the narrow bodies with 10 and 9 across in the Boeings, possibly a couple of rows of business class will be the new norm. The A350 may be a better aircraft than the B787 but it won't be able to compete with second hand B777/B787s being sold at fire sale prices by bankrupt or downsizing airlines. The newer and larger Airbus variants such as the A321NEO could replace widebodies on many routes which would be unable to sustain a 300 seat aircraft. Suites and lie flat seats won’t be filling up anytime soon. A holiday is likely to be an annual trip to a short/mid range destination on a low cost airline, rather than long haul on a premium carrier. Domestic tourism replaces international holidays for many people. Bali and Fiji become exotic destinations rather than run of the mill for Australian travellers. |
bulletproof
Originally Posted by Bend alot
(Post 10726327)
You sound almost as bullet proof as the school kids are - when did they give up smoking, bad food and screens?
Much of Italy and Europe in general eat very well. |
Are you sure you are not a direct descendent from Nostradamus? :E
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I’m so glad I have got the truth from PPRUNE, not the illuminati shills...
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“Can you name three of these "draconian new laws" passed in Australia?”
Not sure about oz but here in the US, the DOJ is requesting the right for “indefinite detention without trial” under the cover of caronavirus. I agree with the OP, cunning governments never waste an opportunity to obtain more power. The Patriot Act was introduced shortly following Sep11 and most members later admitted they did not read the proposal. The results are playing out now with arguments raging about data collection and spying. |
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