Paphitis wrote:Kikapu wrote:Paphitis wrote:Looks like the early evidence may be indicating that the USA has reached peak Chy-na Virus...
https://www.worldometers.info/coronavirus/country/us/
Which is very encouraging because I can’t wait to get over to the States so hoping there is a very quick recovery and the airlines are back to normal.
Let’s kill this Chy-na Virus!
Plus Europe too. Good luck to all the European countries that got hit hard so we can all go back to normal. We are all in this together so go Italy, Spain, France, Germany, UK and every other country in dire straits.
Personally speaking, until a vaccine is found for Coronavirus and everyone is inoculated, I wouldn’t pay much attention to the so called “leveling of the peak” as only a fraction of people have been tested in any country. In the USA only about 2-3 million people has been tested in the last 3-4 weeks with about 20%-25% positive rate of about 550,000. What about the rest of the 230 million people who has not been tested yet. Unless by miracle the remaining 230 million people are virus free because of lockdown, there are always going to be more cases until the vaccine is found. The same rule will apply to other countries also.
As for the airline industry getting back to normal, it will take time and since services will be cut and some airlines not return at all, there won’t be a pilot shortages for a while either.
I'm a little more positive than you.
The US and Europe are heading towards summer, so I think the infection rate will slow.
Some countries have pretty much defeated the Chy-na Virus. They did that through strict social distancing. You just need to look at the statistics coming out of Australia, South Korea, Singapore etc etc to see that it is possible.
In Australia's case it has been done without a universal lock down. But it will be interesting to see what happens to Australia as it heads into winter.
As foe a pilot shortage, once it's all over, I think the airlines will have a lot of work clearing the massive back log. The shortage could be even more severe, because thousands of pilots have decided to bring forward their retirements. So in effect, you have retirements and no training to replace them.
Yes, many pilots close to retirement age have decided to take an early retirement with sweet deals until they turn 65. Perhaps they fear some or all of the airlines in the USA may file for Chapter 11 bankruptcy and end up with less.
