Air lines running out of stimulus money

[messomi]

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.html


lmao asking for another billion handout.

[GooBaaa]

How about instead of giving more money they just open everything back up...... Pretty simple fix

[bongowongo]

Hopefully god emperor gives them more money, cant have the industry run into problems or the libtards will complain even more.

[Destor]

How about instead of giving more money they just open everything back up...... Pretty simple fix

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

[messomi]

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

and even if they give them another billion dollar bailout they will be asking for another one in 2 months again.

[joocyness]

Nationalize the airline sector good damn crooks

[wasp9166]

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

[ltsOgre]

Nationalize the airline sector good damn crooks

This. It was better when they were nationalized.

[thenightskies]

Just open america up. so tired of this

2020 was so fking bad. i went to two parties all year......

[Destor]

This. It was better when they were nationalized.

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 af

[Sterilite]

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

urine idiot and a sheep

[messomi]

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

can someone translate this into english?

[knightofday]

How about instead of giving more money they just open everything back up...... Pretty simple fix

/thread


Tel the Left to stop strangling our fuking country and all of this will fade away

[knightofday]

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

Youre an absolute lemming srs. Wake tf up man , it is extremely simple to those paying attention to facts.

[jakedel]

The cure worse than the disease. The Chinese knew they just had to plant the seed and let fear and infighting take over. They won the war without dropping a single bomb

[Sinan09400]

How about instead of giving more money they just open everything back up...... Pretty simple fix

The lockdown/ pandemic simulation is not over yet. Hopefully next year we'll be rid off this non existent virus

[Destor]

Youre an absolute lemming srs. Wake tf up man , it is extremely simple to those paying attention to facts.

What facts?

[BeginnerGainz]

“The cure is worse than the disease” applies here. Hell, it applies to this whole situation about the China virus.

[DSTEE]

"Capitalism" of pease

Handouts when you're an individual= bad
Handouts when you're a huge corporation = good



Just pull the plug on them

[mycorona]

/thread


Tel the Left to stop strangling our fuking country and all of this will fade away

If covid wasn’t reported on no one would have any idea anything was different. “GloBaL pAndEmiC” lmao ok

[IronProdigy]

"Capitalism" of pease

Handouts when you're an individual= bad
Handouts when you're a huge corporation = good



Just pull the plug on them

Corporate bailout is not inherent capitalism, that's socialism. The free market would have abandoned airlines.

[Destor]

If covid wasn’t reported on no one would have any idea anything was different. “GloBaL pAndEmiC” lmao ok

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

[DoctorKazama]

Fuk the airlines. Maybe they'll start giving better service now.

[Sterilite]

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

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.

[MustardTiger17]

Oh noes. Maybe they will have to improve their business model

[havoc00]

Time to start up a helicopter business

[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.

Should be pretty clear -- to anyone who isn't a low IQ pleb -- that I'm talking about damage to people's perceptions

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

[LieutenantGains]

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.

[bfdehewdbyywhn]

just print more money. it’s that simple

stocks only go up

[Mountaineer92]

99.98% survival rate.

think of all the people that are losing jobs cause of the wuhan virus