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Old 09-03-2017, 05:39 PM
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Old 09-03-2017, 06:04 PM
  #22  
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Originally Posted by Mesabah
It's not just mainline taking back their flying, all workers across all industries, are taking back their jobs.

The Chinese see the writing on the wall, their entire economy is a fraud. A lot of that labor that went overseas is coming back over the next decade, as robots can do 90% of their jobs for less.

With upcoming geopolitical issues, and economic malaise. I can easily see international travel cut by 75% or more over the next two decades.
I think it will triple over that period.
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Old 09-03-2017, 08:04 PM
  #23  
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Originally Posted by SonicFlyer
I don't have much faith in a graphic produced by some kid who misspelled "starting" twice and doesn't understand the proper use of quotation marks.
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Old 09-03-2017, 08:21 PM
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Originally Posted by Mesabah
Even if there was another 9/11, the impact would be nowhere near what the first one was. Really, I don't see any factor that could bring the airlines to its knees, other than a Yellowstone super-volcano eruption type natural disaster.
I agree. Suppose a black swan event resulted in furloughs such that even 2 or 3 years after the event, flying still was down a 'permanent' 10%. By that time, retirements would have caught up. All furloughees would have been recalled and hiring would have resumed at the anticipated high pace.
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Old 09-09-2017, 06:23 AM
  #25  
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Originally Posted by KnotSee
Agree for the most part. That is what makes it so dangerous. If the Chinese people start to rise up, what steps will the Chicoms take to quell them and what will they do to lash out at the US, who they will blame as flaming the unrest?
They have very limited ability to "lash out" at the US, especially if they are dealing with major domestic issues.

The biggest thing the PRC has going for it is long term lack of interest in the western pacific on the part of the US public. But if they "lash out", they'll wake the sleeping bear and they know it. They didn't forget how WWII played out in the pacific.
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Old 09-09-2017, 06:29 AM
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Originally Posted by Mesabah
Even if there was another 9/11, the impact would be nowhere near what the first one was. Really, I don't see any factor that could bring the airlines to its knees, other than a Yellowstone super-volcano eruption type natural disaster.
This is my take. We've popped the cherry so to speak with 9/11 events, and would recover much sooner if it happened again. We'd skip over the shock, grief, and paralysis pretty quickly and go straight to shock-and-awe. The military response would be faster, more dramatic, and more effective than last time. Last time we had to figure out who did it, and where to find them. These days we already know...

Really any large-scale terror op against the US homeland would require significant support from a state-sponsor...and the two states in question are VERY reluctant to get caught with their hand in that cookie jar. They know SECDEF quite well, he's an experienced and peerless regime-changer...
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Old 09-09-2017, 01:58 PM
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Originally Posted by rickair7777
This is my take. We've popped the cherry so to speak with 9/11 events, and would recover much sooner if it happened again. We'd skip over the shock, grief, and paralysis pretty quickly and go straight to shock-and-awe. The military response would be faster, more dramatic, and more effective than last time. Last time we had to figure out who did it, and where to find them. These days we already know...

Really any large-scale terror op against the US homeland would require significant support from a state-sponsor...and the two states in question are VERY reluctant to get caught with their hand in that cookie jar. They know SECDEF quite well, he's an experienced and peerless regime-changer...
This right here, the U.S. is much more apt to deal with such events. And as much as some would say otherwise, it is much harder for someone to carry out a mass casualty event in the U.S. then it was pre-2001. The new laws put in place after the event did that.

Also, correct me if I am wrong because I don't know a lot on the subject. But aren't pilot salaries a smaller percentage of the cost then it was back in the 80s and 90s? Meaning if there is another event and airlines have to cut costs, perhaps less pilots would be furloughed.
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Old 09-09-2017, 04:06 PM
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Originally Posted by TheWeatherman
This right here, the U.S. is much more apt to deal with such events. And as much as some would say otherwise, it is much harder for someone to carry out a mass casualty event in the U.S. then it was pre-2001. The new laws put in place after the event did that.

Also, correct me if I am wrong because I don't know a lot on the subject. But aren't pilot salaries a smaller percentage of the cost then it was back in the 80s and 90s? Meaning if there is another event and airlines have to cut costs, perhaps less pilots would be furloughed.
That's correct, pilot salaries used to be as high as 15% of revenue, now it is around 3%. Corporate profits are through the roof in all sectors, salaries are way down.
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Old 09-10-2017, 03:26 PM
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Originally Posted by Mesabah
That's correct, pilot salaries used to be as high as 15% of revenue, now it is around 3%. Corporate profits are through the roof in all sectors, salaries are way down.
Probably has something to do with the massive growth of regional airlines, the lost decade, and a seniority system that has very experienced pilots starting at the bottom when their airline fails or goes out of business.
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Old 09-13-2017, 05:37 PM
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Originally Posted by Mesabah
That's correct, pilot salaries used to be as high as 15% of revenue, now it is around 3%. Corporate profits are through the roof in all sectors, salaries are way down.
Where did you pull that 3% number? WN labor cost is 34% of revenue, the highest in the industry; DL is at 32% and AA and UA about 28%. Don't tell me pilots are only 10% of airline's labor cost.

Behind the Airlines' Increasing Labor Costs - Market Realist

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