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(Boston.com)   "How bad is the Covid-19 shutdown for airlines, Professor MBA Degree?" Let's ask the CEO of the *ONLY* consistently profitable quarter-to-quarter airline, that never needed bailouts either: "The ship is taking on water, and we are in a real pickle"   (boston.com) divider line
    More: Scary  
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1035 clicks; posted to Business » on 27 Oct 2020 at 3:42 AM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



11 Comments     (+0 »)
 
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2020-10-27 3:59:44 AM  
Domestically speaking, I only fly southwest. The service is consistent (and consistently good at that), the seats are comfortable, and it's extremely affordable. I hope they make it.
 
2020-10-27 5:13:02 AM  

AntonChigger: Domestically speaking, I only fly southwest. The service is consistent (and consistently good at that), the seats are comfortable, and it's extremely affordable. I hope they make it.


They're probably the safest US airline, and they have a smart CEO.
 
2020-10-27 5:25:08 AM  
fark the airlines. After 9/11, the only thing they learned about business resilience and disaster preparation was how to better lobby for bailouts.
 
2020-10-27 7:16:39 AM  

foo monkey: fark the airlines. After 9/11, the only thing they learned about business resilience and disaster preparation was how to better lobby for bailouts.


US business under Trump means billions in bailouts for the C-suite and investors and layoffs for employees.  This is by design, the Dems wanted the bailout to protect ordinary employees, McConnell said nyet.
 
2020-10-27 7:51:47 AM  
Go bankrupt and when the recovery happens, lots of small startups will buy your planes and facilities at pennies on the dollar. That's what will happen right?

Right?


Guys?
 
2020-10-27 8:30:09 AM  

foo monkey: fark the airlines. After 9/11, the only thing they learned about business resilience and disaster preparation was how to better lobby for bailouts.


Your understanding of US economics is....not.  The airlines are a vital part of the economy.  They aren't just about Fred and Betty going on vacation.
 
kab
2020-10-27 9:01:05 AM  
Oh noes, not the airlines.  How will people that unironically fingerwag to everyone else about climate change hop from city to city now?
 
2020-10-27 9:05:50 AM  
He should take a 20% pay cut first.  Aren't CEO's supposed to be leaders?
 
2020-10-27 11:27:34 AM  
America needs to phase out air travel and spent trillions on massively expanding passenger-only rail lines. Bullet trains put out far lower emissions per passenger than planes and the overwhelming majority of our landmass is nearly empty.

There is no God damned reason for us to not have high-speed rail through the Great Plains.
 
2020-10-27 11:38:39 AM  

NotThatGuyAgain: foo monkey: fark the airlines. After 9/11, the only thing they learned about business resilience and disaster preparation was how to better lobby for bailouts.
Your understanding of US economics is....not.  The airlines are a vital part of the economy.  They aren't just about Fred and Betty going on vacation.


Then i guess we need to make other kinds of economy--like those kinds of economies that restore ecosystems, buy, eat, and live much more locally, and learn how to live with less flying and running around.
The internet exists now, yes? But it's still necessary for people who make a lot of money to fly overseas to Vienna or somewhere to hold their conferences. LOL. Yeah, right.
Get used to it. We're going down. We can either find some other way to live our lives, or we can all kill each other, fighting over the scraps of our dead, stupid empire.
 
2020-10-27 1:25:08 PM  

NotThatGuyAgain: foo monkey: fark the airlines. After 9/11, the only thing they learned about business resilience and disaster preparation was how to better lobby for bailouts.

Your understanding of US economics is....not.  The airlines are a vital part of the economy.  They aren't just about Fred and Betty going on vacation.


I understand it just fine. Airlines know they're essential, so they don't have to protect their business model, which can be destroyed by a sneeze or a box cutter.
 
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