Skip to comments.Stocks making the biggest moves midday: Boeing, Carnival, Goldman Sachs and more
Posted on 07/19/2021 9:32:52 AM PDT by Berlin_Freeper
Delta, United, American Airlines — Airline stocks fell in tandem as concerns about a rebound in Covid-19 cases intensified. Shares of Delta and American Airlines all lost more than 3%. United declined over 4%. Aircraft manufacturer Boeing’s stock also fell about 5%. Covid cases have ticked up in the U.S. this month with the delta variant spreading among the unvaccinated.
(Excerpt) Read more at cnbc.com ...
Ditch the mask mandate, woke BS and they’d be doing fine.
Another lock down is a coming to distract from the Audits
So that’s the real name of all of this - The Audit Variant!
Do you think Boeing could have crashed because the FAA wouldn’t certify one of their airplanes, shutting down deliveries, instead of the stupid “covid causes everything” crap?
You have to mandate the mask. How will women be able to virtue signal w/o a mask?
DJIA is down nearly a thousand points at the moment ... *IF* this keeps up, there will be another opportunity to scoop up some of the babies thrown out with the bathwater at bargain prices ..
Grounded Pilots Swamp Aviation Recruiters in Fight for Jobs
July 30, 2021
When U.K.-based Goose Recruitment kicked off a recent campaign to find 30 Boeing Co. 737 cargo pilots for a client in Europe, 400 resumes poured in within 48 hours. Most of the applicants used to fly commercial passenger jets.
“Pre-Covid, most airline pilots would look down their noses at flying cargo,” Goose’s Chief Executive Officer Mark Charman said in an interview from his office in Southampton on England’s south coast. “Now they’re like, ‘Pick me!’”
This clamor for work is being reflected around the world, as desperate pilots who’ve been grounded by the pandemic for more than a year mob recruiters for the few new flying jobs on the market in a last-ditch effort to save their aviation careers.
Wasinc International Ltd., which recruits overseas pilots for Chinese and Japanese airlines, is getting so many emails from out-of-work applicants that it no longer needs to advertise the roles it is trying to fill. Job applications from down-on-their-luck aviators, from Brazil and Mexico to Canada and Europe, have jumped at least 30-fold from pre-virus days, Wasinc CEO Dave Ross said in an interview from his home in Las Vegas.
While a rebound in U.S. domestic air travel offers some hope, the pleas for work reflect an industry decimated by the crisis. Temporary and permanent job losses at the four biggest carriers in the U.S. exceeded 150,000 last year, including pilots and other staff. Global airline capacity is still wallowing 31% below normal levels, according to OAG.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.