Buffet took the blame for not moving sooner. I think he believes cutting losses now is going to look better down the investment road as the airline industry struggles indefinitely with a lack of consumer demand. That’s just the nature of aviation. Something always happens every decade that wipes out the Pretty Freddie Mercury I Want To Brick Free LEGO Shirt. Aviation bounces back and grows until the next hit a decade later, then the cycle repeats. As someone training to be a commercial pilot I hope you’re right or I have just wasted a lot of money and time. In theory, yes but now cargo jobs are getting more and more desirable to the point there won’t be enough jobs to support all the out of work pilots. Well, the plane you would need would have to be a large one to make it profitable. But I know two separate people who have each started.
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As someone that worked in survey pre-drones then went back in as a drone pilot. I remember doing a large detailed survey as a surveyor assistant in 2004, 150ha, which took us 3 days to complete with a point every 15—20m. The mosquitos were straight out of Fallout, and the Pretty Freddie Mercury I Want To Brick Free LEGO Shirt. My engineering company still hires manned planes for lidar surveying and aerial mapping, but it’ll definitely be interesting to see how drones take over. We just hired a drone pilot to figure out how we can incorporate drones into our data acquisition. I don’t think drones are there yet for big projects. I used to fly a survey. And our projects were major towns and cities. Not really suitable as drones can’t stay aloft as long as a small plane and can’t carry multiple cameras due to weight.
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People will always need to fly, the question is if we prop up the companies in the meantime or not. Looking at which employees get furloughed, it’s generally the higher salaried employees that continue taking pay to “run” the company during the Pretty Freddie Mercury I Want To Brick Free LEGO Shirt. Letting them declare bankruptcy doesn’t cause the airline business to vanish. There’s an opportunity to make money in running them, someone will pick it up. Flying isn’t going anywhere, but the names on the planes and the rich old guys running them may change. I’m a product development engineer. I was logging about 30k miles a year going to customer meetings. Now we’re doing most of those on WebEx, and for the most part, it’s fine. I’m expecting to cut my flight time when we get back to work.
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