coronavirus

Tag Archives for coronavirus.

Business Travel – And Airline Stocks – Are Collapsing

Feb 28 2020

Since this morning we’ve learned that Amazon is telling employees to defer non-essential domestic business travel. After mentioning this on Twitter I’ve seen others reply that their companies are doing the same and pulling out of trade shows. The value of going to trade shows drops (they are a perfect example of network effects) and the reduction in travel spreads, along with a further reduction in economy activity. A 12% selloff in the markets over the last week may not be wrong.

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Delta Air Lines Offers Reason To Be Optimistic About Coronavirus

Feb 27 2020

If you’re looking for green shoots in the coronavirus story, here’s one from Delta: even as there’s concerning news this morning about a person in California contracting the virus without having had recent international travel or having been known to come into contact with someone who was infected, there’s some indication that business in China is recovering.

At least Delta Air Lines cargo thinks so.

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JetBlue Is Using Coronovirus Fears To Sell More Tickets

jetblue plane
Feb 26 2020

If you have a previously purchased airline ticket, JetBlue’s normal cancellation rules apply. However if you buy a new ticket starting tomorrow through March 11 for travel completed by June 1, no cancellation fees will apply.

The airline says this is about getting consumers to buy tickets who are afraid of coronovirus, and the policy even applies to their basic economy and vacation package fares.

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Why I’m Starting To Worry About Coronavirus, And What I’m Doing About It

Feb 26 2020

I’m not locking myself in a cabin in the woods. I’m doing the disaster-preparedness thinking that I should have done already, unrelated to coronovirus.

The closest analogue in my lifetime may have been Y2K preparedness, and that turned out to be a nothingburger. It was sure eerie to be flying on January 1, 2000 on board a nearly empty United Airlines Boeing 777 from Los Angeles to Washington Dulles. The plane didn’t just operate, it operated on time, and everything else worked fine too.

However the thing about disasters is they aren’t exactly predictable in terms of how or when they manifest, and thinking through preparedness can make good sense even if this turns out to be a non-event in the middle of the U.S. where I live.

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