American Airlines to Furlough 25,000 Employees • Hacker News Board

Re: American Airlines to Furlough 25,000 Employees

#21

Post by pcurve » Thu, Jul 16, 2020, 3:50 AM UTC

nugget wrote: post #16

Every morning M-F, TSA publishes daily traveler numbers for the previous day(s): https://www.tsa.gov/coronavirus/passenger-throughput It’s a good snapshot of the state of air travel in the US. Yesterday’s volume was 22% of the same date a year earlier (July 14, 2019) and I expect volume may fall below 20% next week as the virus surge causes marginal travel plans to be cancelled. The low point in absolute travelers wa…

not going to lie... I was still shocked at how quickly the numbers went up starting June.

Re: American Airlines to Furlough 25,000 Employees

#22

Post by jmpman » Thu, Jul 16, 2020, 5:36 AM UTC

I remember reading about people upset that the Airline executives were going to continue making their millions when getting government assistance. I was upset that the unionized airline pilots making $400k/year weren’t going to be asked for any concession. Surely it’s better for the industry to drive down wages during this downturn than just furlough.

Re: American Airlines to Furlough 25,000 Employees

#23

Post by anonmidniteshpr » Sat, Jul 18, 2020, 8:15 AM UTC

ceejayoz wrote: post #18

FreakyT wrote: post #17

Earlier quoted context omitted.

On the contrary, Amtrak represents the exact scenario that OP was asking about. It was created following the complete collapse of all the major passenger railroads.

I think the point was "there'll always be passenger service", not "the current companies will survive unscathed".

The worst case is they could all merge into "Amwings" and those who choose to AGTOW would go bankrupt. I doubt it. Consolidation down to fewer major carriers per country would happen first because it's not like HYPErloop is going to put airlines or air cargo out of biz anytime soon.