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Economy

peacebuzzard

(5,149 posts)

5. Coming soon: airline furloughs

Reply to marmar (Original post)

Thu Jun 11, 2020, 12:28 PM

Jun 2020

Massive numbers of furloughs. For Delta it may be in the 50,000 employee loss range. Other airlines will go the same path.
At the moment thousands of airline employees are at home on unemployment and as soon as the restructuring plan for employees takes place the unemployment figures will be permanent job losses. I see no short term or even longer-term revival of pre-pandemic airline ticket sales. The air cargo sector will continue as normal or better.

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6 replies

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Highlight:

The Chilling Things Delta Said about the Airline Business....... [View all] marmar Jun 2020 OP

I've heard Delta is better off than most and will probably survive captain queeg Jun 2020 #1

air traffic is worse for the environment than cars. mopinko Jun 2020 #2

I don't see how this is "chilling." Jirel Jun 2020 #3

I'm just lovin' all this freedom! Buckeye_Democrat Jun 2020 #4

Coming soon: airline furloughs peacebuzzard Jun 2020 #5

We'll have to do what Italy and Germany, among others, have done: sandensea Jun 2020 #6