quote:

Originally posted by sns3guppy:
Buying or selling stocks won't alter the revenue loss on aircraft, wages, and overhead. That goes on regardless. A one hundred fifty million dollar airplane is either earning revenue to offset it's purchase or lease, or it's not. If it's not, the payments still get made.

Those costs are paid not by selling stocks, or changing the value of the stocks, but by revenue through some seven hundred million passenger movements annually, and a lot more cargo. The airlines employ about six hundred thirty thousand full time employees, plus about six hundred seventy thousand pilots. Beyond that, the airlines generate 1.7 trillion in us economic activity, and drive ten million jobs domestically. 7.3% of jobs in the US are connected to commercial aviation, and it accounts for 5.1% of the gross domestic product.

Right now the cargo airlines are stretched about as thin as they can go, trying to keep up with the demand for movement of emergency supplies, consumer demand, etc. With people in homes, more and more mail order is going on and more and more air freight is moving that is normally carried not only by all-cargo carriers, but by passenger airlines, using their cargo capacity.

The buy-back issue impacts the CEO, and stock holders, but doesn't do anything for the operational costs of the airline, which are what are being impacted right now by the loss of flying revenue.

quote:

Originally posted by 1967Goat:
{Snip}
It is like me going out and spending all of my discretionary income on hookers and blow rather than saving it. Then, I get laid off and complain that I don't have money to pay my mortgage, utilities, insurance, etc...

quote:

Originally posted by old rugged cross:
J, I would suggest to her it would be an excellent time to do online higher education with the idea to get a degree in a field she would wish to pursue for a career.