Retiring its entire boeing triple 7 fleet has offered employee buyouts says our southwest and American Airlines Credit Suisse analysts surmised that we have moved well past the point of no return with respect to covert 19 and its potential to have an enduring multiyear impact on the commercial Aviation Industry kristie this pandemic reminds us how much we have taken for granted we used to just be able to go to a baseball game or to get on a flight. American airlines and all the others were vying for our business with fare wars can we get back to air travel business as usual. Its definitely going to take some time because if we look back a history the other several times where the airline suffered shocks the one most clearly was 911 and i can an 11 happen it took approximately 3 to 4 years before demand and capacity and people felt safe to travel again so it is going to take some time and then afterwards subsequently you have the sars virus as i mean isolated within asia but even so the
Been in stay at home mode lately the airlines have slashed a reported 75 percent of capacity parking 2 thirds of the fleet delta which is retiring its entire boeing triple 7 fleet has offered employee buyouts says our southwest an American Airlines Credit Suisse analysts surmised that we have moved well past the point of no return with respect to covert 19 and its potential to have an enduring multiyear impact on the commercial Aviation Industry kristie this pandemic reminds us how much we have taken for granted we used to just be able to go to a baseball game or to get on a flight. American airlines and all the others were vying for our business with fare wars can we get back to air travel business as usual. Its definitely going to take some time because if we look back a history the other several times where the airline suffered shocks the one most clearly was 911 and up to 911 happened it took approximately 3 to 4 years before demand and capacity and people felt safe to travel again
Been in stay at home mode lately the airlines have slashed a reported 75 percent of capacity parking 2 thirds of the fleet delta which is retiring its entire boeing triple 7 fleet has offered employee buyouts says our southwest and American Airlines Credit Suisse analysts surmise that we have moved well past the point of no return with respect to covert 19 and its potential to have an enduring multiyear impact on the commercial Aviation Industry kristie this pandemic reminds us how much we have taken for granted we used to just be able to go to a baseball game or to get on a flight. American airlines and all the others were vying for our business with fare wars can we get back to air travel business as usual its definitely going to take some time because if we look back at history the other several times where the airline suffered shocks the one most clearly was 911 and after 911 happened it took approximately 3 to 4 years before demand and capacity and people felt safe to travel again
Other several times where the airline suffered shocks the one most clearly was 911 and up to 911 happened it took approximately 3 to 4 years before demand and capacity and people felt safe to travel again so it is going to take some time and then afterwards subsequently you have the sars virus as i mean isolated within asia but even so the Airline Industry there also reported that it took about 5 additional years for people to feel safe traveling in a confined space together and this not only applies to airlines its also applies to cruise ships trains and all of those commuting across the United States its going to be its going to really suffer as a result of this. Yeah i have read the Southwest Airlines is offering their employees with 10 years of service a year of pay and flight privileges for a year if they take an early retirement package theyre limiting the number of seats per flight so that middle seat wont be occupied but with fewer employees and fewer seats and fewer flights it