Originally Posted by Sunfish
(Post 10759661)
I want to go on record that I think the economy is going to bounce back quicker than expected, assuming we can come up with an effective treatment. The difference between this and earlier recessions is that we know the cause. The service industry has been hit hard and fast, but it is also capable of bouncing back very fast. Restaurants and cafes can start up with food and a few phone calls - fast. Unlike manufacturers who have to be slow. Airlines are somewhere in the middle.
Btw, cv19 is just the straw that broke the camels back. The issues go all the way back to the GFC and the increasing levels of debt. If it wasn't CV19 it would have been something else. |
Originally Posted by j3pipercub
(Post 10759908)
All I get on Whatsapp are photos of Barry...
j3 |
Originally Posted by j3pipercub
(Post 10759908)
All I get on Whatsapp are photos of Barry...
Well his stage name at least. Can anyone confirm those numbers of 350s sitting unwanted at Toulouse? |
Originally Posted by j3pipercub
(Post 10759908)
All I get on Whatsapp are photos of Barry...
j3 |
They're the heroes we need in these dire times.
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Emirate grounds 38 A380, cancels all orders for Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire Fuel-Off :ok: |
Have EK asked all over 56 to retire?
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United losing $100 mil a day seems hard to believe. Or do they mean $100 mil a month?
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Originally Posted by Dookie on Drums
(Post 10759858)
Haha!! ok that was a very good comeback. :D Well played sir!
It is sure to happen. But nothing yet. |
@SOPS. No.
halas |
Originally Posted by TBM-Legend
(Post 10759725)
At least there are girls at the parties I go to...
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and there it is! :}
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Originally Posted by smiling monkey
(Post 10762287)
United losing $100 mil a day seems hard to believe. Or do they mean $100 mil a month?
You can’t compare apples with oranges as both have different business structures, aircraft type and so on. Both have different passenger and freight operations too. But the sheer size of these fleets is bigger than anything we will ever see in Australia by comparison. So losses of $60m, $100m per day or even more is certainly conceivable and realistic. Shutting down the world is serious **** and the costs to businesses and ultimately countries is not measurable, it is that big. This is a disaster that will take more years to repair than most of us have left in us to live. |
Originally Posted by A320LGW
(Post 10759288)
And what does PNT mean?
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And the US airlines big problem is that they have kept a good proportion of their flights going as travel in the US is not restricted. Grounding an airline might cost money but flying empty aircraft around the skies will cost you more.
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Well two states have relaxed social distancing rules from next Saturday, hopefully others follow and the public look to travel and we see a demand for air travel. Hopefully back by end of June start July.
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Originally Posted by Ragnor
(Post 10763426)
Well two states have relaxed social distancing rules from next Saturday, hopefully others follow and the public look to travel and we see a demand for air travel. Hopefully back by end of June start July.
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Originally Posted by Sunfish
(Post 10759661)
I want to go on record that I think the economy is going to bounce back quicker than expected, assuming we can come up with an effective treatment. The difference between this and earlier recessions is that we know the cause. The service industry has been hit hard and fast, but it is also capable of bouncing back very fast. Restaurants and cafes can start up with food and a few phone calls - fast. Unlike manufacturers who have to be slow. Airlines are somewhere in the middle.
When people start thinking they should be paid for doing nothing, we need a recession. |
Originally Posted by exfocx
(Post 10759937)
You do follow the news, don't you? Finding an effective treatment anytime soon is not likely and this is not my expert pilot opinion speaking, this is from reading what the real experts say.
Btw, cv19 is just the straw that broke the camels back. The issues go all the way back to the GFC and the increasing levels of debt. If it wasn't CV19 it would have been something else. but seriously the media must run around getting someone to say something they want said & hey presto he/shes an expert while real experts disagree but aren't heard. |
Originally Posted by KRUSTY 34
(Post 10764255)
Perhaps a tad optimistic Ragnor?
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