Friday, March 13, 2020

Quick Personal Take: Capacity Reductions

On Friday, Delta upped its capacity reduction forecast from 15% to 40%. If you touch airlines at all, we have moved from concerned territory to outright (likely) fear. If Delta is cutting this much capacity, we have to assume others are considering the same. This evening when I have a chance, I'll post on Twitter how much of this reduction might be directly contributed to Asia and Europe prohibitions.

While I am still in the aerospace industry and very concerned about the viability of my job in today’s environment, I am sure most airline employees are rightfully scared.

When our industry leaders are comparing the demand to 9/11 and Delta report net negative bookings for the next four months, there are a lot of old and negative memories that are brought up. Please, if you are booking, canceling, or flying in the next few days, please be as respectful as possible. Many of these employees are worried if they can put food on the table next month. Someone screaming at them regarding policies they don't control isn't helpful.

If you are hiring, please consider prioritizing an airline employee. They are (rightfully) nervous and taking actions to protect their families.

While my family is not directly in the airline industry anymore, we are nervous like may others. My wife works in treasury for a major hotel chain, and I'm still in aerospace. Not the best combination in today’s environment.

The next few weeks will be challenging for the entire industry. I'll be reporting the reductions as factually, efficiently, and professionally as possible. If you are an airport heavily impacted, I will try to reach out ahead of time. I do not want you to find out about your reductions on a dorky blog if the airlines did not have time to call you.

As I've stated before, I am here for anyone needing assistance to understand their changes. At this time, I'm referring all requests to outside groups. However, given many groups are likely task saturated with capacity changes and reporting for their clients, we can discuss me running your analysis. I have a couple of approvals that will need to be put in place first; however, please know we will be working as quickly as possible. If you’re a consulting group overwhelmed and needing help, again, please reach out.

If you're an airline employee, please know you are not forgotten. To me, all of you are family. I've shot the breeze and debated with all of you regarding capacity cuts or decisions I've made. Just like your favorite uncle Eddie, some of you thought I was full of it but listened anyway.

If your a crew overnighting in OKC and would like to get drinks, let me know. I'm always happy to share my thoughts or listen to your concerns.

We will make through this together.

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