posted by Laley23Makes sense to me. Why do you think that isn’t the case. Most would go bankrupt without the bailout.
Airlines have been receiving government funding for a while now. The entire airline industry isn’t going to just go bye-bye for years.
posted by SportsAndLadyLol what is your friend basing that on? It’s going to take 3 years for the airline industry to rebound to what/where?
Well, it took me one quick Google search to find loads of information on it. It's beyond what I care to focus on, and really my depth of knowledge. I'll leave that up to those who are more knowledgeable than me in this stuff.
https://www.investors.com/news/american-airlines-stock-airline-stocks-normal-2023/
posted by OSHWell, it took me one quick Google search to find loads of information on it. It's beyond what I care to focus on, and really my depth of knowledge. I'll leave that up to those who are more knowledgeable than me in this stuff.
https://www.investors.com/news/american-airlines-stock-airline-stocks-normal-2023/
Wasn’t really loads of information in there. Just that one airline CEO said it could 3 years to recover.
To me that says he is indirectly asking for more bailout money..there’s nothing in there that says why it would take 3 years to recover, unless you believe airlines won’t be flying commercial flights for 2-3 more years?
posted by SportsAndLadyWasn’t really loads of information in there. Just that one airline CEO said it could 3 years to recover.
To me that says he is indirectly asking for more bailout money..there’s nothing in there that says why it would take 3 years to recover, unless you believe airlines won’t be flying commercial flights for 2-3 more years?
Do some additional searching, if you don't believe it. Sure, there could be some motivations for bailout money.
It's not like this truly affects me tons, as I rarely fly. So, I don't get my panties in a bunch about it. Not worth arguing about it.
Just because they reopen and are busy doesn’t mean they just recoup the losses over these months. If you go 6 months without a paycheck, it’s gonna take you about 3 years to be back in the positive. Yes, your salary is back, but you lost 6 months of pay which isn’t just made up when you return to your job.
Large major airlines aren’t going to take 3 years to rebound. Just like they aren’t going to rebound immediately. It’ll be somewhere in the middle but saying 3 years is just shock news. No one knows how quickly they’ll bounce back so saying they’ll take 3 years is just a guess that you’re hoping to spook people and create a buzz. It’s dumb. That’s my point.
posted by SportsAndLadyLarge major airlines aren’t going to take 3 years to rebound. Just like they aren’t going to rebound immediately. It’ll be somewhere in the middle but saying 3 years is just shock news. No one knows how quickly they’ll bounce back so saying they’ll take 3 years is just a guess that you’re hoping to spook people and create a buzz. It’s dumb. That’s my point.
Strong disagree. Delta made $4.8B in profit last year (highest ever). Looks like by end of next quarter, they will be close to losing that much already this year. By the end of the year and moving forward, even when it opens up, it will be much higher. Without a bailout, the refunds they have issued and the loans they have had to take on, it will be years to recoup the losses.
posted by Laley23Strong disagree. Delta made $4.8B in profit last year (highest ever). Looks like by end of next quarter, they will be close to losing that much already this year. By the end of the year and moving forward, even when it opens up, it will be much higher. Without a bailout, the refunds they have issued and the loans they have had to take on, it will be years to recoup the losses.
Agree to disagree.
posted by SportsAndLadyAgree to disagree.
I’ll add, from a local level, the airport here has lost at least 70% of flights. That includes commuter flights to Charlotte and Atlanta, and total cities in general. Obviously that is temporary, but I think it will take longer to ramp back up to what we had 6 months ago. The airline industry is very political and I think they are worried about the leisure travel traffic and I don’t think all of these flights will be back within a year. 3 years might be a bit much, but it will easily be at least a year. My city relies on tourism and if the NE folk aren’t coming (NY/ Boston), the airlines will suffer on those routes. If/when a 2nd wave occurs, who knows when it will get back to normal.
First trip since March. Weird going from Chicago ORD to NYC LGA...only 3 total places open between the 2 terminals I was in. Granted LGA I landed at 8:00pm. About 40 people total on my flights. Very clean. No plane service (they give you a plastic bag with water/cheez-it/biscoff and a Lysol wipe when you board.
The airports were just eerie. Especially LGA since it was dark and no natural light was shining in.
I did a trip too, South Dakota for a camp.
It was a nice trip. Airline and airport was pretty smooth operating. I would do it again.
I have to book a trip to Chicago (Drake or Palmer) before 4/21/21. Given the current situation, what would be your recommendations on date/time of year?
Going to Manitou Springs and Gardens of the Gods Friday. Doing a booze float on South Platte River Saturday,
After 3 months of doing fuckall, freedom feels NICE!
We're considering an all-inclusive trip to Mexico at the end of July.
posted by ernest_t_bass
I have to book a trip to Chicago (Drake or Palmer) before 4/21/21. Given the current situation, what would be your recommendations on date/time of year?
Summer or early fall. Not the winter, unless you come for the Christmas stuff. Spring is a bit cold as well, and unpredictable with the weather.
The EU just recently opened up, but we mostly have been exploring southern Italy. We explored a lot of the Puglia region. For those who want to go to Italy (first time or again), I highly recommend exploring Puglia. It is pretty much the Tuscany and the south and I might even venture to say it is better than Tuscany.
I have some Delta credit I'd like to use in the fall..end of Oct or early November. I want to go to a beach as secluded as possible. Florida is obviously not being considered.
I'm thinking Rincon, Puerto Rico. I've been to PR before and loved it.
They have a rather strict entry requirement at the moment, assuming this will change in the coming weeks/month. Must have documentation of a negative COVID test 72 hours before arrival. Also the entire island is still on a 10pm curfew.
posted by like_thatThe EU just recently opened up, but we mostly have been exploring southern Italy. We explored a lot of the Puglia region. For those who want to go to Italy (first time or again), I highly recommend exploring Puglia. It is pretty much the Tuscany and the south and I might even venture to say it is better than Tuscany.
Interesting. Never done the South of Italy but have done Florence twice (w/ bike tours out to Tuscany, loved it), Cinque Terre (loved it), and then Rome and Venice (they were cool to see, once). Would love to go back and explore the south but Europe doesn't seem in the cards this year, maybe next year.
We are headed up to a beach in Garden City, SC this weekend. Parents are coming into town so we wanted to get away childless for a couple nights, and somewhere where it is easy to distance. I doubt we will go eat indoors anywhere, just trying to enjoy a few nights away and relax.
The 737 Max is back in action. I would have to assume after being grounded for nearly 2 years and scrutinized, that this will be one of the safest jets out there. I would be lying to you though, if I happened to be on this flight and say I wasn't nervous. I bet that first bout of turbulence made some ass cheeks clench.
We’re starting to think about 2021 trips. I may try and do Vegas for March Madness between my wife and I we can get a 1100 sq foot suite at Vdara for about $350 for 7 days with $150 food credit and $150 Freeplay. The room has a full kitchen so if Corona is still bad I can just bet the games on their app and watch games from the room and hit the blackjack tables when it’s not as busy.
Also starting to think about an all inclusive trip for summer or early fall. The resort we really enjoyed has made a lot of changes so we may try a new place. I wouldn’t mind going back to Jamaica or trying somewhere new. We really wanna visit Europe but might put that off another year because of covid.
