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© Thomson Reuters 2020.Airlines rush to boost demand as coronavirus shreds strategy for crisis management
By Tracy Rucinski and Jamie Freed CHICAGO/SYDNEY©2024 GPlusMedia Inc.
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Graham DeShazo
Quite a few regional and legacy carriers (in my semi-educated opinion) won’t survive to see the other side of this crisis. The entire industry is in free fall. BA, UA, Ryan all announcing reduction of 20% of flights or greater. Cathay has 50% of its aircraft on the ground.
Beyond 1 year, these can be extinction-level events even for well run companies with solid balance sheets.
The companies that don’t have a loyal client base, a developed route structure or are heavily leveraged are toast.
theFu
I watch for airfare deals daily. There have been some great deals the last week, but not to places we'd want to visit for times of the year we'd want to go. Who wants to go to Miami in the summer?! Doesn't matter how cheap the flights are. Show me a deal to Banff for early June. Singapore or Thailand in April. Europe in late September. Or South America in April or late November.
Always check the daylight amount for every destination before going. Don't want to be somewhere with only 6 hrs of daylight accidentally unless that's part of the actual plan.
It's a big world.
Serrano
Who wants to go to Miami in the summer?!
Me!!
I overheard a guy today saying to his co-worker he's going to cancel his long-planned vacation to Italy because he's afraid he's going to get the coronavirus on de plane.
JeffLee
During the height of the hot season? No thanks.