The wet market has re-opened. So it could not be the source or they would have kept it shut :) At least we are only dealing with one epidemic , have some sympathy for some countries that are fighting multiple outbreaks . As well as facing a second wave of the covid 19 , they are facing a swine flu ...

Talk about thread drift....unreal. Hmm...seems to me layoffs and job losses are more than slightly linked to financial preparedness... :roll: I'm not even sure how to respond to that thrashing other than to say I fortunately live down the road from my parents and not in the middle East so I know in...

He lost $700k but yes he started with $2.6M. My point is his cheap ass couldn’t enjoy it and now it is gone. He doesn’t seem too worried. He still has lots. My other point is the AC pilot that this retirement package targets has lots of money - already. But time is a resource that is limited no mat...

My dad lost $700k in the stock market in this. Worked so hard his whole life (not airlines). Total Alberta blue collar work horse Deserves every penny. But could not spend it. I gave him so much crap yesterday. He could have rented the nice cars on vacation, flown first class, treated his wife to g...

It’s equities that will be (are being) killed, not real estate. So far. 500,000 EI applications last week. Normal average about 2,000,000/YEAR. The one thing that can definitely kill any real estate market is job losses. Mortgages are cheap, but pretty hard to make payments without a job. Mortgage ...

So...... almost 1/10th the swine flu pandemic nobody remembers? Good grief. The numbers presented in that graphic are to show trends, not absolute values. Those can't be known yet for Covid-19. Duh? The swine flu was contained. Covid-19 has not remotely been contained. See the difference? Besides, ...

Lets see what happens, layoffs or not. Life will go on. Of course it will. And please don't take my comments as wishing ill on anyone whatsoever. I'm glad to hear that AC is better positioned to survive than in the past. But given the scale of how this is unfolding I just don't get the sense that t...

One of the opportunities that I overlooked when I was junior was learning extra languages. Although I didn't have a degree when I was hired, I did go back to university to finish the degree after I was hired, and then went on to get two more degrees. I would have been much better off in my senior y...

Any AC pilot who think that there won't be mass layoffs, or that this will be over soon, are in complete denial about the scope of the crisis. The infection numbers are just ramping up and a number of countries who decided not to take more drastic measures earlier are on the same - or even worse - s...

The TP shortage is a nice example of supply chain disruption. It won't stop with TP - for example anything produced in China won't be getting re-stocked . Once the current supply runs out - that's it. People haven't figured this out yet - once they do it will be complete anarchy in the stores. No. ...

Housing will be the absolute last thing to go because unlike the US, you can’t simply walk away from a mortgage in Canada without being 100% liable for the difference between what you owe and what the banks finally flog it for. Add the fact that you still need a place to live and qualified for the ...

First world problems Economic disruption on this scale is actually more harmful to developing nations than it is is to the "First World". The poorest always suffer more during a downturn. Only the naive would think a market collapse of this magnitude only hurts the "rich". Where do you think your p...

The problem with the numbers isn't so much their accuracy, it's their interpretation at what is still the early stages of an outbreak. Accurately determining the correct values for numerator and denominator is extremely difficult until after the outbreak passes, unfortunately. This has been well-doc...

After 30 years with hands on TP’s, biz jets, Airbuses and Boeings I’d have to hands down say B777. Powerful but docile. Similar background. Loved the Lears, have enjoyed every step of the career, pistons, TP... But can't agree with you enough about the B777, particularly the -300ER with the GE engi...

ogc wrote: ↑

Thu Mar 05, 2020 10:48 am

EPR wrote: ↑

Thu Mar 05, 2020 10:43 am

FlyBe, a regional located in the UK just ceased operations....canary in the mine shaft?

No they have been in trouble for a long time. This was just the final nail in the coffin

More like an excuse. All Virgin and the other buyers ever wanted were the slots at Heathrow. Coronavirus my arse.

Now they’re saying the virus has a 3.4% kill rate Hmm. Who are "they"? The more conspiratorially-minded were adamant the Chinese "must be" under-reporting their figures. But if there were vast numbers more infected with a confirmed number of deaths, that would actually mean the morbidity rate is lo...

people are stupider now (literally: IQ's have been dropping for decades) That sounds impossible. IQ is defined to be 100 on average. They can still be stupider though. Loads of studies and articles, it's not really news. IQ Scores Are Falling in "Worrying" Reversal of 20th Century Intelligence Boom...

There have been and will continue to be massive financial losses. Not just for airlines. It's no secret that airlines have razor-thin margins and the supply chain is global, thus vulnerable. But Flybe is a non-sequitur, they should have folded much sooner. It's true this is worse than the flu - alth...

The (almost) complete lack of action is very concerning. If this gets loose in a country it will rapidly overwhelm the medical system. This virus is spreading by air travel - logical countermeasure is to stop flights. There are still flights from China arriving around the World. It seems government...

I hope you're right. Hopefully AC losing 28% of its stock value and $3.9 billion of market cap is only a "buying opportunity". Just saying that it may take more than shifting a few tails around to make that up by June. Especially if pax loads and yields fall by any appreciable amount, which is hardl...

As long as the CFOs don't add to the fearmongering, then we'll be okay. Publically telling his airline to prepare for financial hardship probably did as much damage as the effects of the virus. Agreed. And that was my point about perception. It's accelerating, the idea that this is going to be some...

Hmmm...that's a pretty sanguine outlook considering the past three days has wiped billions of dollars of value from aviation and travel stocks, and trillions from the markets at large. The investor in me looks at the near future for buying opportunities, the pilot in me is carefully considering the ...

Finally. Someone addresses the far more interesting comparison between now and 10, 20, 30 years ago. "Now you can get a crappy-paying airline job with hardly any hours!! Win!" Who cares how easy it is to get a job when the job pays far less in adjusted dollars? Anyone care to run the numbers for wha...

It's really not that complicated once you acknowledge that everyone acts in their own self-interest: business owners for their business, employees for their livelihoods. A solid contract may not eliminate hard feelings, but it does tend to clarify legal standing. I for one welcome having terms defin...

You guys are all missing what Cessnaguy66 said. He wants to go to a company and commit to the terms of employment knowing he will not stay the term. This is exactly why bonds are in place. I will tell you what you want to hear. However as soon as i get my PPC and hours i am gone. At minimum PPC sho...