Chance of furlough?
#81
Doom and Gloom? Where do you think these steps lead to? Have you seen this before? Many here have. Surplus lines in every category (meaning we're fat in EVERY category), hiring freeze, bid award cancellations, 20% more international reduction on top of what's already been announced, 10% domestic reduction. In your heart of hearts you think it stops there? It doesn't. Displacements and parking airframes come next. And that won't be the end of it.
#82
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#83
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Doom and Gloom? Where do you think these steps lead to? Have you seen this before? Many here have. Surplus lines in every category (meaning we're fat in EVERY category), hiring freeze, bid award cancellations, 20% more international reduction on top of what's already been announced, 10% domestic reduction. In your heart of hearts you think it stops there? It doesn't. Displacements and parking airframes come next. And that won't be the end of it.
#84
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I’m pre 9/11, so yeah, I’ve seen this before. I’ve been furloughed, downgraded, and everything else. Although we’re taking a beating right now, I don’t see travel disruptions due to a virus lasting long enough to justify a furlough. This is something like SARS, not 9/11. People need to take a deep breath and chill. The storm will pass.
The storm will pass. But it's not even overhead yet. It's still approaching.
#85
I’m pre 9/11, so yeah, I’ve seen this before. I’ve been furloughed, downgraded, and everything else. Although we’re taking a beating right now, I don’t see travel disruptions due to a virus lasting long enough to justify a furlough. This is something like SARS, not 9/11. People need to take a deep breath and chill. The storm will pass.
I too live through 9/11, age 65, 2007 financial collapse, flowbacks. This is nothing like those events That all hit within a decade of each other.
#86
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#87
#88
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But two months later our Pacific traffic is down 75%. Our Europe traffic is getting hit and we will announce reductions to Europe flying. I think you think that the shock from corona has peaked. It hasn't. Asia is one thing. Europe and domestic, through the summer, and possible cancelation of the Olympics is a serious problem. Like I said, the storm isn't even overhead yet. You think the emails we got today will be the last bad news? It won't. Those letters were steps 3 and 4 in a 10 step process that you and I know all too well about. It's happening.
#90
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We can warn others (that don't see it or refuse to believe what's going on right in front of them) so that they take the necessary precautions.
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