As millions of people found themselves out of work due to the coronavirus-related closures that began last month, a new survey found almost one-third of renters didn’t make payments on their homes for the first week of April.
Airline executives believe when the country reopens, a drop in demand will lead to fewer flights and airlines charging more per flight.
The travel industry has been turned upside down by the coronavirus outbreak. According to CNN, Nationwide quarantine orders have all but shut down travel and domestic carriers have cut their flights by 70% to 90%.
“If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” said United Airlines CEO Oscar Munoz and President Scott Kirby in a message to employees last Friday.
Lawmakers passed a $50 billion aviation bailout last week that will keep airlines in business for the next six months. However, airline executives are expecting fewer flights and slumping demand, which, of course, means job cuts.
At the beginning of 2020, there were more than 750,000 jobs in the industry, but that will certainly change. Additionally, fliers will come back to a significantly different industry. One with fewer choices in airlines, flight times, and available routes and markets.
“Fewer seats flying means fewer cheap seats at the margin,” Philip Baggaley, chief credit analyst for airlines for S&P Global told CNN.
The last time the airline industry saw such a dramatic change was after the 9/11 attacks. Before that attack, there were nine major US airlines but Continental, Northwest, and US Airways all merged into the four remaining carriers, American, United, Delta, and Southwest. Those four now make up 80% of the US airline market.
Smaller companies that offer cheap fares such as Jet Blue and Spirit, will help to keep prices lower but those companies will also have significant financial setbacks due to the coronavirus outbreak.
It took the airline industry three years to bounce back after the 9/11 attacks. After the Great Recession of 2008, it took even longer. 2013 was the first year that passenger traffic reached what it was before the recession.
Even in those situations, however, people were still flying. Today, the number of passengers entering TSA screening points fell 93% between Tuesday and the last Tuesday of March in 2019.
The airline industry has taken some big blows during the outbreak. Earlier this month, the US government ordered all US airlines to pay refunds to customers whose flights were canceled due to the coronavirus outbreak. In late March, Airlines for America, the trade group representing US air companies, told the government it would need $50 billion to stay in business.
Tarvaris Jackson, former NFL quarterback who played for several teams over his 10-year career, died in a car crash in Alabama Sunday night.
NFL Media says the 36-year-old, who was a second-round pick out of Alabama State in 2006, played with the Minnesota Vikings, Seattle Seahawks, and Buffalo Bills. He spent most of his NFL career as a backup quarterback who made spot starts.
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Jackson was 17-17 in his 34 starts in the NFL and finished 59.6% career passes, throwing for a total of 7,263 yards and 39 touchdowns compared to 35 interceptions. He appeared in 59 games, according to NFL Media statistics.
As a member of the Vikings, Jackson, then 24, started 12 games in 2007, which resulted in an 8-4 record, which included throwing for nine touchdowns and also landing 12 interceptions.
Four years later, Jackson, now with the Seattle Seahawks, started 14 games and was 7-7 in the top position, throwing 14 touchdowns to 13 interceptions, according to NFL Media.
As a Seahawk, Jackson played backup to Russell Wilson from 2013 to 2015 and earned a Super Bowl ring.
Today, Wilson took to Twitter to confirm the death and honor his friend.
“TJack… you will be missed. Praying for your family…Love you man,” Wilson tweeted with the broken heart emoji.
TJack… you will be missed. Praying for your family…Love you man. 💔
— Russell Wilson (@DangeRussWilson) April 13, 2020
At the time of his death, Jackson was an offensive analyst and quarterbacks coach at Tennessee State. Last year, he worked as a quality control and quarterbacks coach at his beloved alma mater, Alabama State.
As an NFLer, Jackson spent five seasons with the Minnesota Vikings and started 20 games. His best season by far, however, was a 14-game starter for the Seattle Seahawks in 2011, where he threw for 3,091 yards, including 14 touchdowns.
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Jackson also spent a single year with the Buffalo Bills but never played that season.
Jackson was married to Lakitta Jackson and the couple has three children, Tarvaris, Takayla, and Tyson, according to his Tennessee State bio.
The post Former NFL quarterback Tarvaris Jackson dies in car crash at 36 appeared first on TheGrio.
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The president is not only a liar, he demands that the people around him push his lies as truth.