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-   -   Tough times ahead (https://www.pprune.org/australia-new-zealand-pacific/631803-tough-times-ahead.html)

exfocx 23rd Apr 2020 07:02


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.

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.

Transition Layer 23rd Apr 2020 13:41


Originally Posted by j3pipercub (Post 10759908)
All I get on Whatsapp are photos of Barry...

j3

We must have some mutual friends :}

Bug Smasher Smasher 23rd Apr 2020 14:03


Originally Posted by j3pipercub (Post 10759908)
All I get on Whatsapp are photos of Barry...

His name’s actually Wood.
Well his stage name at least.

Can anyone confirm those numbers of 350s sitting unwanted at Toulouse?

pineteam 24th Apr 2020 04:58


Originally Posted by j3pipercub (Post 10759908)
All I get on Whatsapp are photos of Barry...

j3

HAHA! Same here and the meme with the funny black dancing guys with the coffin! xD

j3pipercub 24th Apr 2020 09:05

They're the heroes we need in these dire times.

Fuel-Off 24th Apr 2020 10:02


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
EK hasn't cancelled any 777X orders (yet). They changed a few 777-9s for 787-9s but still have 115 on order so far.


Fuel-Off :ok:

SOPS 24th Apr 2020 10:56

Have EK asked all over 56 to retire?

smiling monkey 25th Apr 2020 01:50

United losing $100 mil a day seems hard to believe. Or do they mean $100 mil a month?

Lambswool 25th Apr 2020 05:14


Originally Posted by Dookie on Drums (Post 10759858)
Haha!! ok that was a very good comeback. :D Well played sir!

Still waiting for a return witticism by DasUber.

It is sure to happen. But nothing yet.

halas 25th Apr 2020 05:27

@SOPS. No.

halas

das Uber Soldat 25th Apr 2020 05:28


Originally Posted by TBM-Legend (Post 10759725)
At least there are girls at the parties I go to...

Its called "recess". And you've been told before, not within 400 yards.

Lambswool 25th Apr 2020 06:07

and there it is! :}

Paragraph377 25th Apr 2020 12:05


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?

Hard to believe, not really. VA are losing an estimated $4.5m per day, or thereabouts, with a fleet of around 110 aircraft from memory, serving 23m residents in Aus. Happy to be corrected. In comparison United Airlines has approximately 790 jets in its fleet, within a country of 320m residents. Keep in mind this isn’t $100m per day in PROFIT, it’s $100m per day which includes profit, fuel, wages, the whole gamut. Delta is losing $60m per day and has a round 870 aircraft in its fleet. The more aircraft type you have in your fleet = the more money it costs to run your business. Even Fedex has around 650 aircraft.

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.






Buster Hyman 25th Apr 2020 12:38


Originally Posted by A320LGW (Post 10759288)
And what does PNT mean?

Probably Not True.

Ollie Onion 25th Apr 2020 21:09

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.

Ragnor 26th Apr 2020 05:19

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.

KRUSTY 34 26th Apr 2020 21:50


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.

Perhaps a tad optimistic Ragnor?

BNEA320 26th Apr 2020 22:22


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.

economy was heading for recession way before Corona. It's tge recession we had to have as otgers postponed by crazy wasteful govt spending eg. $2m tuckshop which should have cost $100k.

When people start thinking they should be paid for doing nothing, we need a recession.

BNEA320 26th Apr 2020 22:25


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.

seems to be an expert on every street corner like councils in Sydney.

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.

Ragnor 26th Apr 2020 23:47


Originally Posted by KRUSTY 34 (Post 10764255)
Perhaps a tad optimistic Ragnor?

I am an optimistic person, I don't see the point in sitting around pessimistic. Either way how you feel, the public will be keen to get away and be somewhere other than home. Before you say ppl don't have money to travel, most of the traveling public who use air travel are still employed a big chunk of the current unemployed from COVID-19 are under the age of 20 accounting for approximate 8.8%, most of those would suggest they're in hospitality. There is a lot of other data out there but overall I'm confident of a return soon.


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