RE:RE:Dont be fooledIf you are looking for a brightspot in aviation, look at companies like Cargojet, who have been experiencing huge volumes of cargo and increased flights,helping ship supplies the world needs. Chorus has been put on hold right now, many of you guys just think I'm flaming to "drop the price" I am not. This will go on longer than people think, 90% of their flights, which is a massive chunk all of their revnue, is gone right now. VANISHED! Their last aircraft leases, defferred.... All of these companies that lease their aircrafts will be missing payments, pandomonium. Their current airplanes are filling up the ramp, there are around 10-12 dash 8'/CRJ900s parked around the hangar I work at. The employee parking lots are empty, people have went home. I said DONT BE FOOLED on a massive green day, where CHR was rallying up 20% per day while I'm watching the truth unfold, in a thing called reality. The stock price, today, seems to have caught the memo and is reacting accordingly. The dividend is now gone, they are going into more debt. I'm not saying its the beginning of the end, I'm simply saying don't go all in now because the worst has crertainly not yet come. People will stay away from travel for a long time regardless of the governments telling them they are alowed to or not, the paranoia will take months to wear off. Do you really think Air Canada will prioritize Jazz when their own fleet is sitting dormant? Look how quickly they laid off all of Rouge.
GLTA, not flaming, just trying to be a realist, whether you want to hear it or not.