Enormous uncertainty about the structural change in the lucrative business travel segment.
But shipment volume, though strong, is not at record levels.
Exactly at the worst possible time. Ripple effects to be felt for months.
Airlines, meanwhile, face pent-up demand of the wrong kind.
“L-shaped recovery” for mass transit. Per person, vehicle miles were already in long-term decline since 2003. Than came 2020.
Inflation worming through various levels of the economy despite suboptimal demand.
Amazon, UPS, and FedEx, in search of cost savings, partnered with startups that are now rolling out electric vans. Has Ford, the leader in vans, dropped the ball?
Watching for the EV drag on gasoline demand requires a lot of patience.
Still collapsed revenues, astronomical losses, red-hot cash-burn, hellish new piles of debt. Meanwhile, amid craziest markets ever, airline shares soared.
Traffic down 95%. To run out of money by April.