Delta Airlines reducing capacity by 40%

[dtownreppin214]

 

[old pig]

damn!

 

[benjamin]

wow...good luck to those families.

 

[GnauzBookOfRhymes]

Welcome to the party brehs

https://www.thecoli.com/threads/any...r-times-today-as-we-were-in-2007-2008.658243/

 

[Morethan1]

40% that's a major Airline.

 

[Saysumthinfunnymike]

Unpaid leave

 

[darius19]

just the beginning

 

[OG Talk]

Biological warfare is evil but extremely affective.

 

[OfTheCross]

We might as well skip straight to where Italy at with the shyt....freeze all loan payments

 

[Double Burger With Cheese]

They are reducing flights by 40%, not employees

 

[Apollo Creed]

We might as well skip straight to where Italy at with the shyt....freeze all loan payments

pretty much freeze all credit payments for the next few months.

 

[dtownreppin214]

They are reducing flights by 40%, not employees

Good call. I'll neg myself for not reading thoroughly.

 

[Originalman]

At least the CEO is willing to fork over his salary.

 

[Double Burger With Cheese]

To my investor brehs. I been looking at airline stocks. Spirit in particular. Lost about 60% value in the last month. But all the airlines down.

Obviously, I want to take advantage and scoop them while they low and flip em when shyt gets back to normal.

My questions are, seems like we haven’t reached height of the panic, should I wait till they go down more to make a play, or should start scaling in now?

What do you think the outlook is as far as when this crisis may subside and when people will be confident to fly and the airlines recover?

Should I be looking to at strategy with shorting some of these airlines since they are still declining at the moment?


Thanks in advance

 

[Double Burger With Cheese]

Good call. I'll neg myself for not reading thoroughly.

It’s all good. This is still a big deal though and I’m sure effects their employees greatly