Delta Lost $12 billion in 2020
I'll ask again: who is thinking about cashing out of their equities in their retirement or non-retirement accounts in anticipation of a market correction? For clarification, I'm not asking if anybody is taking money out of their 401-k or IRA. Just whether you're selling positions within the account)
Or do we? think these troubles are isolated to travel and hospitality?
https://www.cbsnews.com/news/delta-earnings-report-losses-2020/
Comments
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B as in bankrupcty.
Wipe the balance sheet clean and start over. Fuck the shareholders.
Slow roll the great reset.
BTW, if I have to watch that goddamned Alaska safety dance bullshit commercial 14,000 more times before the lockdown is lifted, there's gonna be something happen. I'm not sure what but something. AAAARRGHH
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Fuck yes cash in your 401-k have you been reading the headlines???
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I think a few airlines may outperform Delta, but it is going to be massive carnage. American is the biggest risk for bankruptcy.
In terms of travel and hospitality, I think leisure and vacation travel comes back pretty swiftly. Mexico, due to being open to Americans, actually is seeing more flights year over year.
It's the market segment on conferences and meetings that is going to take a bit longer. -
Totally agreed on the commercial. It's so B level and stupid. Do better Alaska Airlines. Embarrasssing.PurpleThrobber said:B as in bankrupcty.
Wipe the balance sheet clean and start over. Fuck the shareholders.
Slow roll the great reset.
BTW, if I have to watch that goddamned Alaska safety dance bullshit commercial 14,000 more times before the lockdown is lifted, there's gonna be something happen. I'm not sure what but something. AAAARRGHH -
Watch the mess around here young fella. I've got my eye on you wanderers from the Tug. You'll not be doing that in the middle of the store here for Christ's sake.doogie said:Fuck yes cash in your 401-k have you been reading the headlines???
This is a place of serious men talking about serious things. Keep your dick in your pants or you're gone. No warning. Just gone. -
You should see the Virgin Atlantic one. Cringeworthy.PurpleThrobber said:B as in bankrupcty.
Wipe the balance sheet clean and start over. Fuck the shareholders.
Slow roll the great reset.
BTW, if I have to watch that goddamned Alaska safety dance bullshit commercial 14,000 more times before the lockdown is lifted, there's gonna be something happen. I'm not sure what but something. AAAARRGHH -
Dementia joe will come in save the day. Airlines are like the fucking banks are too big to fail. Tax payers will pick up the tab. Take all the screen shoots you need
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The advantage that a lot of the major hotel brands had through this crisis is that they don’t the real estate.whlinder said:I think a few airlines may outperform Delta, but it is going to be massive carnage. American is the biggest risk for bankruptcy.
In terms of travel and hospitality, I think leisure and vacation travel comes back pretty swiftly. Mexico, due to being open to Americans, actually is seeing more flights year over year.
It's the market segment on conferences and meetings that is going to take a bit longer.
Once the vaccines do their jerbs there’s gonna be a fuck ton of pent up leisure travel demand. Corporate travel will take longer to rebound. -
I think the market will correct but don't know when. I pulled out previously but have gotten back in since I'd rather ride up now than miss out on gains waiting for a drop that I can't predict the date or magnitude of.
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Yep. That is the entire game in a nutshell now isn't it?Mad_Son said:I think the market will correct but don't know when. I pulled out previously but have gotten back in since I'd rather ride up now than miss out on gains waiting for a drop that I can't predict the date or magnitude of.
