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I think ACL is gaming possible outcomes dependent on how bad this gets. I have no doubt management is. It might amount to nothing more than a large number of regular seasonal flu type illnesses. Finger crossed.
Some history lessons are in order - even without the Avian flu going human to human, a flu strain with the virulence of the 1918 Spanish Flu would cause global economy to grind to a crawl in a matter of months.
In the Spanish Flu healthy adults woke up in the morning feeling fine and were dead by evening. Whole communities were wiped out. Mortality was close to 20%. Estimates between 20,000,000 and 100,000,000 killed with a much less mobile society and a world population far less than today.
This is not at what we are looking at so far. OTOH it would be foolish not to consider what would happen should it develop into something like that. All bets are off at that point.
Of course sick calls and mortality among pilots might be self correcting reference any measures that need to be taken.
Got all I need for my furlough Gig audition:
G C D C
Check it out gas prices going up sky high
G C D C
Ditch my used sub-compack for a 2 wheel drive
G C D C
Now I'm rolling eco friendly But I still look bad
G C
When the bike store saw my credit
D C
They said this is all they had
I'm singin'
G C D C G
C D C
F to the R to the E to the E to the C to the R to the E D I T
G C D C
RE to the PORT to the dot to the com
G C D C
Come on everybody grab your bikes and sing along
[its easy]
Either that, or spokesman for Enzyte.
I know that LOA's have been looked at. I know a few that would take them.
As one very famous furloughee on here pointed out, in 2001 they offered LOA's and about 50 took them, so they do not see them as that successful.
Hiring is possible next year. We will see how this new attack on the industry works out of the next few months.
How about fuel? How is Delta protected this summer in case there is a repeat of last summer's skyrocketing prices? (Looks like prices are already making a small attempt to test the waters in heading that direction by summer). Are they hedged at a particular price?
I think we have learned our lesson a bit on hedging, but of course last Summer no one really thought that oil was going to drop $100 a barrel within 6 months. I have heard our Q1 numbers (the $743 million loss) will be the worst quarter this year with the hedges, and it gets better for us as the year progresses. I have heard that we have hedged a good chunk at the lower numbers lately, (maybe 30%) and that is probably a prudent thing to do. Could oil go to single digit numbers? I doubt it, but we probably thought the same thing last Summer at $140 a barrel.
Bye Bye--General Lee