American, United move ahead with more than 32,000 furloughs, but will recall workers if coronavirus aid deal reached
How are you all in the airlines or even hospitality industry doing? https://www.cnbc.com/2020/09/30/american-airlines-moves-ahead-with-19000-furloughs-but-will-recall-workers-if-cornoavirus-aid-deal-reached.html #covid-19 #coronavirus #layoffs
Why do we need to bail out airline companies? Why not retail companies, travel companies, oil companies, restaurant companies? Why don’t we just bail out everyone?
The Fed basically said that they want to bail out everyone with monopoly money
I’m not advocating for any bailouts. Just wanted to share unfortunate fall outs of covid. That’s all. Yes retail companies r feeling it as well and restaurants and small businesses r getting the worst of it.
So basically holding jobs hostage until the govt pays the ransom.
Why is this even news? This was clearly coming. Airlines are slowly going to go bust unless Uncle Sam helps them out. Until then, short this sector and #MakeItRainOnThemHoes
Needs more time to recover, depending on vaccine it will take years to return to 2019 levels
Some of these companies like Delta are still paying dividends and want a bailout 🤔🙄
Delta is big on PR so they usually don’t spill their beans!
Communist companies want the government to pay their bills