No the industry will be bankrupted in the real world and have several times already. This Guy is full of crap and missing the main point the Airlines will be one of the first Industries to be bailed out. The government really doesn't care about you. But he is right about one thing don't take an airplane anywhere unless absolutely neccessary!
Former Continental Airlines Chairman & CEO Gordon Bethune on the health of the airline industry after an extremely difficult couple of weeks, and whether he would fly right now.
United Airlines on Tuesday reported a 70% drop in domestic demand in the last few days and said it will make more deep cuts to flights in the coming months as the coronavirus keeps travelers at home.
United’s net bookings, which include new reservations minus cancellations, have collapsed in Asia and Europe, said Scott Kirby, the airline’s president who is scheduled to take over as CEO from Oscar Munoz in May. While domestic net bookings are down 70%, gross bookings are down 25%, which Kirby said are a better measure of current demand.“While those numbers are encouraging compared to international, we’re planning for the public concern about the virus to get worse before it gets better,” he said at the J.P. Morgan Industrials Conference, which was webcast due to the coronavirus.Kirby’s assessment was one of the grimmest yet on the virus’s impact on carriers. The airline and its competitors are now racing to cut costs and preserve liquidity, warning trends could worsen.Still, Kirby and other executives speaking at the conference said that U.S. airlines have stronger balance sheets and more revenue streams, such as those from co-branded credit cards, that would help them weather the impact. United shares were up 12% to $52.35 on Tuesday afternoon.United is expecting to cut May flights by 20% from its original plan, and it foresees cuts “each month after that to be at least as large or larger until we see concrete signs of returning demand,” Kirby said. The airline last week said it would cut domestic flights by 10% and international seat capacity by 20%.
Andrew Gillum said he was in town for a wedding and had too much to drink but never used methamphetamines
U.S. Treasury Secretary Steven Mnuchin speaks with reporters outside the White House on markets, tax cuts and negotiating with Congress.
Apple has unveiled its plans for this June's WWDC 2020 event.
CNBC's Julia Boorstin reports that AMC Theaters will limit the number of tickets available for its showings amid coronavirus fears.
Grubhub will suspend the collection of up to $100 million in commissions it charges to independent restaurants who use its platform for food delivery, in order to help them offset lost business from worries about the coronavirus.
Garbage a Child Could have produced this Tripe. Give it a listen decide for yourself I like old DRE. This is like crackhead $h!t!
Provided to YouTube by Universal Music GroupThe Blinding · Jay Electronica · Travis ScottA Written Testimony℗ 2020 Roc Nation, LLCReleased on: 2020-03-13Producer: Swizz BeatzProducer: Hit-BoyProducer, Co- Producer: AraabMuzikProducer, Co- Producer: G. RyStudio Personnel, Mixer, Recording Engineer: Young GuruStudio Personnel, Asst. Recording Engineer: LAW ParkerStudio Personnel, Mastering Engineer: Tony DawseyComposer Lyricist: Elpadaro F. Electronica AllahComposer Lyricist: Shawn CarterComposer Lyricist: Jacques WebsterComposer Lyricist: Kaseem DeanComposer Lyricist: Chauncey HollisComposer Lyricist: Abraham OrellanaComposer Lyricist: Jahron Brathwaite
After Joy Behar announced she won't be on "The View" next week because of coronavirus fears, Carlos Bustamante and Graeme O'Neil react during "ET Canada Live".
Australian Home Minister Peter Dutton has tested positive for the coronavirus and has been hospitalized. On March 5 he was in Washington and met with Ivanka Trump as well as Attorney General William Barr and White House adviser Kellyanne Conway. NBC’s Tom Costello reports for TODAY.
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