09-26-2020, 07:53 AM
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#1
Air lines running out of stimulus money
On today’s show, CNBC.com’s Leslie Josephs lays out the stakes for the airline industry, which will run out of federal bailout funds at the end of the month. Plus, CNBC.com’s Annie Palmer breaks down Amazon’s disavowal of Echelon’s ‘Prime Bike.’
Airlines earlier this year received $25 billion in federal payroll support which prohibits job cuts and requires minimum service levels through Sept. 30.
With that date a week away, airline CEOs, including Kelly, have met with government officials and lawmakers in Washington in a last-minute plea for additional aid for the sector struggling with demand at less than a third of last year’s levels because of the pandemic. Like other airline chiefs, Kelly said the carrier doesn’t expect a strong rebound in air travel anytime soon.
https://www.cnbc.com/2020/09/24/the-...ue-united.htmlAirlines earlier this year received $25 billion in federal payroll support which prohibits job cuts and requires minimum service levels through Sept. 30.
With that date a week away, airline CEOs, including Kelly, have met with government officials and lawmakers in Washington in a last-minute plea for additional aid for the sector struggling with demand at less than a third of last year’s levels because of the pandemic. Like other airline chiefs, Kelly said the carrier doesn’t expect a strong rebound in air travel anytime soon.
lmao asking for another billion handout.
09-26-2020, 07:56 AM
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#2
09-26-2020, 07:58 AM
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#3
- bongowongo
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Hopefully god emperor gives them more money, cant have the industry run into problems or the libtards will complain even more.
Sig line can't be a novel
09-26-2020, 08:18 AM
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#4
- Destor
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- Destor
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Originally Posted By GooBaaa⏩
Oh yeah just open up the entire world, getting every country to agree would be simple af. Ensuring that travel destinations won’t be impacted when you arrive, simple af. Getting 40-50+ year old travellers to take the risk in the first place, simple af.How about instead of giving more money they just open everything back up...... Pretty simple fix
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
09-26-2020, 08:22 AM
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#5
Originally Posted By Destor⏩
and even if they give them another billion dollar bailout they will be asking for another one in 2 months again.Oh yeah just open up the entire world, getting every country to agree would be simple af. Ensuring that travel destinations won’t be impacted when you arrive, simple af. Getting 40-50+ year old travellers to take the risk in the first place, simple af.
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
09-26-2020, 08:38 AM
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#6
09-26-2020, 08:45 AM
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#7
09-26-2020, 08:47 AM
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#8
09-26-2020, 08:47 AM
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#9
- thenightskies
- chocolate rain
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- thenightskies
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Just open america up. so tired of this
2020 was so fking bad. i went to two parties all year......
2020 was so fking bad. i went to two parties all year......
09-26-2020, 08:53 AM
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#10
- Destor
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- Destor
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Originally Posted By ltsOgre⏩
Heard some rumblings early on about turning them into a utility type of sector, they're too exposed to risks like this and margins were already low afThis. It was better when they were nationalized.
09-26-2020, 09:01 AM
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#11
Originally Posted By Destor⏩
urine idiot and a sheepOh yeah just open up the entire world, getting every country to agree would be simple af. Ensuring that travel destinations won’t be impacted when you arrive, simple af. Getting 40-50+ year old travellers to take the risk in the first place, simple af.
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
09-26-2020, 09:08 AM
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#12
Originally Posted By wasp9166⏩
can someone translate this into english?08 was banks, 20 was airlines
2 great choices , well, i mean if that's where you have buddies , they all crooks
but argue over money for american citizens
2 great choices , well, i mean if that's where you have buddies , they all crooks
but argue over money for american citizens
09-26-2020, 09:19 AM
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#13
- knightofday
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- knightofday
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Originally Posted By GooBaaa⏩
/threadHow about instead of giving more money they just open everything back up...... Pretty simple fix
Tel the Left to stop strangling our fuking country and all of this will fade away
09-26-2020, 09:20 AM
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#14
- knightofday
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- knightofday
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Originally Posted By Destor⏩
Youre an absolute lemming srs. Wake tf up man , it is extremely simple to those paying attention to facts.Oh yeah just open up the entire world, getting every country to agree would be simple af.Ensuring that travel destinations won’t be impacted when you arrive, simple af. Getting 40-50+ year old travellers to take the risk in the first place, simple af.
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
There’s absolutely nothing simple about this. Airlines will be in rough shape for a long fukn time
09-26-2020, 09:21 AM
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#15
09-26-2020, 09:29 AM
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#16
- Sinan09400
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- Sinan09400
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Originally Posted By GooBaaa⏩
The lockdown/ pandemic simulation is not over yet. Hopefully next year we'll be rid off this non existent virusHow about instead of giving more money they just open everything back up...... Pretty simple fix
09-26-2020, 09:33 AM
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#17
09-26-2020, 09:33 AM
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#18
- BeginnerGainz
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- BeginnerGainz
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“The cure is worse than the disease” applies here. Hell, it applies to this whole situation about the China virus.
Age: 30
"If I have seen further than others, it is by standing upon the shoulders of giants"
-Sir Isaac Newton
09-26-2020, 10:12 AM
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#19
09-26-2020, 10:18 AM
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#20
- mycorona
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- mycorona
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Originally Posted By knightofday⏩
If covid wasn’t reported on no one would have any idea anything was different. “GloBaL pAndEmiC” lmao ok/thread
Tel the Left to stop strangling our fuking country and all of this will fade away
Tel the Left to stop strangling our fuking country and all of this will fade away
09-26-2020, 10:21 AM
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#21
- IronProdigy
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- IronProdigy
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Originally Posted By DSTEE⏩
Corporate bailout is not inherent capitalism, that's socialism. The free market would have abandoned airlines."Capitalism" of pease
Handouts when you're an individual= bad
Handouts when you're a huge corporation = good
Just pull the plug on them
Handouts when you're an individual= bad
Handouts when you're a huge corporation = good
Just pull the plug on them
09-26-2020, 10:34 AM
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#22
- Destor
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- Destor
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Originally Posted By mycorona⏩
Doesn't change the fact that the damage is now done. And there are a fukton of normies out there who legit don't want to be exposed to this virus, or don't want to risk catching it and infecting more vulnerable family members (or just other random people)If covid wasn’t reported on no one would have any idea anything was different. “GloBaL pAndEmiC” lmao ok
But understanding that requires being able to see past the tip of your own fukn nose, which many people apparently can't
09-26-2020, 10:39 AM
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#23
- DoctorKazama
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- DoctorKazama
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Fuk the airlines. Maybe they'll start giving better service now.
09-26-2020, 10:59 AM
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#24
Originally Posted By Destor⏩
you low IQ pleb, what damage? the damage of the lockdowns or the damage or the virus? you low IQ pleb can't discern the difference.Doesn't change the fact that the damage is now done. And there are a fukton of normies out there who legit don't want to be exposed to this virus, or don't want to risk catching it and infecting more vulnerable family members (or just other random people)
But understanding that requires being able to see past the tip of your own fukn nose, which many people apparently can't
But understanding that requires being able to see past the tip of your own fukn nose, which many people apparently can't
09-26-2020, 11:00 AM
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#25
- MustardTiger17
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Oh noes. Maybe they will have to improve their business model
Not in the AM
09-26-2020, 11:01 AM
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#26
09-26-2020, 11:06 AM
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#27
- Destor
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- Destor
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Originally Posted By Sterilite⏩
Should be pretty clear -- to anyone who isn't a low IQ pleb -- that I'm talking about damage to people's perceptionsyou low IQ pleb, what damage? the damage of the lockdowns or the damage or the virus? you low IQ pleb can't discern the difference.
They could open up travel right now and airlines would still not immediately recover, and they won't recover until normies feel they can travel safely
09-26-2020, 11:09 AM
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#28
- LieutenantGains
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- LieutenantGains
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No sympathy for them, they made record profits over the past few years and spent it all on stock buybacks and bonuses. Let em go under.
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#MMGA
09-26-2020, 11:16 AM
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#29
- bfdehewdbyywhn
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- bfdehewdbyywhn
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just print more money. it’s that simple
stocks only go up
stocks only go up
HTC is too skinny for me. Fat Girls only crew. serious
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09-26-2020, 11:17 AM
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#30
- Mountaineer92
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- Mountaineer92
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99.98% survival rate.
think of all the people that are losing jobs cause of the wuhan virus
think of all the people that are losing jobs cause of the wuhan virus
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If you are reading this - go do 100 push ups.
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