Ryanair to cut flight schedules over 80% then ground airline
short flights long nights
This is getting ugly, very fast,
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Is it better for more people to get COVID-19 quicker and most to get over it, creating a situation where infection increases in a shorter amount of time a larger percentage of the population, and thus becoming resistant going forward, or delaying more people getting the virus faster by implementing these draconian governmental measures and causing financial ruin to many businesses and individuals in the process
Is it better for more people to get COVID-19 quicker and most to get over it, creating a situation where infection increases in a shorter amount of time a larger percentage of the population, and thus becoming resistant going forward
We are talking about dying.
We need to shut borders, lock down and test. Several weeks ago. No ifs no buts.
If we had done so early enough we would be coming out the other end. The longer the delay the worse it will be medically and economically. The UK government must wake up.
In any case there is no knowledge as to how long exposure protects you. It may be short term, it may be the virus mutates. The only protection is to develop one of the vaccines and to trial the drugs identified by AI. Both the other side of the potential second wave
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No absolutely not
We are talking about dying.
We need to shut borders, lock down and test. Several weeks ago. No ifs no buts.
If we had done so early enough we would be coming out the other end. The longer the delay the worse it will be medically and economically. The UK government must wake up.
In any case there is no knowledge as to how long exposure protects you. It may be short term, it may be the virus mutates. The only protection is to develop one of the vaccines and to trial the drugs identified by AI. Both the other side of the potential second wave
We are talking about dying.
We need to shut borders, lock down and test. Several weeks ago. No ifs no buts.
If we had done so early enough we would be coming out the other end. The longer the delay the worse it will be medically and economically. The UK government must wake up.
In any case there is no knowledge as to how long exposure protects you. It may be short term, it may be the virus mutates. The only protection is to develop one of the vaccines and to trial the drugs identified by AI. Both the other side of the potential second wave
Hang on everybody. It's going to be a very tough year.
At the risk of straying outside the field of expertise of an Aviation Forum; we need to maintain a ratio of Infected to Carers/Food-Providers/Society-in-General. We have to assume that Governments Globally are devising their strategies in the light of model simulations to achieve this. We can't all be allowed to get it at once because we would overstretch the care system or starve, but most of us need to get it, come through the other side, and support the rest.
Yes, people will die. Its war. Stuff happens.
Yes, people will die. Its war. Stuff happens.
Agree we are way too late but if you dont lockdown we may get an attack rate of 60% and a death rate of 3-4%. I will leave you to work it out. I dont think society will accept that
There is no 'control'. In the longer term we will vaccinate or treat with drugs. Meantime we have to reduce the transmission rate, currently up to 3.6, to below 1. When each patient infects less than one other person we win as the virus only survives by infecting new people. That is why early lockdown gives faster results because the pool of infected patients is lower and the virus dies out in less cycles.
I agree it is going to be more than tough. Luckily I have a medical as well as an aviation career but I am old enough to remember depressions when aviation was on its knees. It did bounce back. This is not a monetary issue. When people can re engage with each other and shop safely they will spend.
Keep safe
There is no 'control'. In the longer term we will vaccinate or treat with drugs. Meantime we have to reduce the transmission rate, currently up to 3.6, to below 1. When each patient infects less than one other person we win as the virus only survives by infecting new people. That is why early lockdown gives faster results because the pool of infected patients is lower and the virus dies out in less cycles.
I agree it is going to be more than tough. Luckily I have a medical as well as an aviation career but I am old enough to remember depressions when aviation was on its knees. It did bounce back. This is not a monetary issue. When people can re engage with each other and shop safely they will spend.
Keep safe
Businesses do not bounce back from bankruptcy. Nature will prevail and sadly remove the weak, it does so with flu every year. This virus seems to be more effective in its transmission but herd immunity is likely before an effective vaccine.
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It would be foolish to believe that MOL would abandon his flight crew. No pilots no airplane flights, no revenue.
Not that I have any information or inside knowledge, but I expect that they will pay maintainability salary to all crew whilst the emergency continues. Knowing that FR have bags of cash, better placed financially I believe than any other Airline serving Europe, they will emerge and take up the vast majority of pax soon as the panic finishes. In fact the delayed max was a god send to them as their expansion plans were binned. They have Germany, Malta and Poland bases with low operating cost.
I would wager a reasonable amount on FR devouring the rest of us, I mean compared to them we look like dinosaurs. They aren't around now.
Not that I have any information or inside knowledge, but I expect that they will pay maintainability salary to all crew whilst the emergency continues. Knowing that FR have bags of cash, better placed financially I believe than any other Airline serving Europe, they will emerge and take up the vast majority of pax soon as the panic finishes. In fact the delayed max was a god send to them as their expansion plans were binned. They have Germany, Malta and Poland bases with low operating cost.
I would wager a reasonable amount on FR devouring the rest of us, I mean compared to them we look like dinosaurs. They aren't around now.
Bit puzzled here as can't think why their cash, which I believe is a big pile, would be eaten up. However you are right about Leo, nor much in the coffers there, but can't imagine MOL not looking at some sort of tax deal.
Don't like MOL but you have to admire his achievements. He's been lucky along the way, mind. But they say that about the Irish. Lol
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Irish credit rating is quite high and therefore they have access to debt if they so wished. They could provide interest bearing loans with covenants covering debt repayments and conversion to equity if not repaid on time. Could make the Irish government a tidy profit. Just like Air NZ just received.
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It would be foolish to believe that MOL would abandon his flight crew. No pilots no airplane flights, no revenue.
Not that I have any information or inside knowledge, but I expect that they will pay maintainability salary to all crew whilst the emergency continues. Knowing that FR have bags of cash, better placed financially I believe than any other Airline serving Europe, they will emerge and take up the vast majority of pax soon as the panic finishes. In fact the delayed max was a god send to them as their expansion plans were binned. They have Germany, Malta and Poland bases with low operating cost.
I would wager a reasonable amount on FR devouring the rest of us, I mean compared to them we look like dinosaurs. They aren't around now.
Not that I have any information or inside knowledge, but I expect that they will pay maintainability salary to all crew whilst the emergency continues. Knowing that FR have bags of cash, better placed financially I believe than any other Airline serving Europe, they will emerge and take up the vast majority of pax soon as the panic finishes. In fact the delayed max was a god send to them as their expansion plans were binned. They have Germany, Malta and Poland bases with low operating cost.
I would wager a reasonable amount on FR devouring the rest of us, I mean compared to them we look like dinosaurs. They aren't around now.
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***
At March 31, 2019, Ryanair had a fleet of 455 Boeing 737-800 aircraft, 144 of which were funded by Ex-Im Bank-guaranteed financing. Other sources of on-balance-sheet aircraft financing utilized by Ryanair are Japanese Operating Leases with Call Options (“JOLCOs”), which are treated as finance leases (12 of the aircraft in the fleet as of March 31, 2019) and commercial debt financing (3 of the aircraft in the fleet as of March 31, 2019). Of Ryanair’s total fleet of 455 Boeing 737- 800 aircraft at March 31, 2019 there were 26 aircraft which were financed through operating lease arrangements, 183 aircraft were financed from Ryanair’s own resources on an unsecured basis and the remaining 87 aircraft have no outstanding debt remaining. Ryanair has generally been able to generate sufficient funds from operations to meet its nonaircraft acquisition-related working capital requirement
***
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The Max debacle could be Ryanair's saviour. Instead of now parking 20 new owned Max they have 2 billion extra in cash. Probably the same for some other airlines.
Still think a graduated payreduction would be more pallatable. They on big salaries can stomach a larger percentage reduction than those on relatively little. But Ryanair is not run for the easy exchangable part of the workforce.
Still think a graduated payreduction would be more pallatable. They on big salaries can stomach a larger percentage reduction than those on relatively little. But Ryanair is not run for the easy exchangable part of the workforce.