AIRLINES ARE HEMORRHAGING CASH … AND IT” S MOST LIKELY NOT GOING TO STOP AT ANY TIME SOON. THE INTERNATIONAL AIR TRANSPORTATION ORGANIZATION IS PROJECTING THAT AIRLINES WILL CERTAINLY LOSE NEARLY 52 BILLION DOLLARS THIS YEAR. THAT UPDATED EXPECTATION IS GREATER THAN PREVIOUSLY PROJECTION. THE TEAM ALSO EXPECTS AIRLINES TO LOSE ELEVEN AND ALSO A FIFTY PERCENT BILLION DOLLARS NEXT YEAR– BEFORE ULTIMATELY RETURNING TO PROFITABILITY IN 20-23. IN 2015 WAS ALSO WORSE THAN INITIALLY THOUGHT. THE NEW RECORD UPDATES LOSSES FROM 20-20 HIGHER TO NEARLY 138 BILLION DOLLARS. THAT HAPPENED DURING THE SAME YEAR THE FEDERAL FEDERAL GOVERNMENT SPENT 25 BILLION DOLLARS BAILING OUT AIRLINES IMPACTED BY THE PANDEMIC. SOUTHWEST AIRLINES IS JOINING THE LIST OF AIR CARRIERS IN MANDATING THE COVID-19 VACCINATION FOR STAFF MEMBERS THE AIRLINE SAYS IT– ESTIMATE– “DETERMINED THE PROVIDER” S CONTRACTS WITH THE UNITED STATE GOVERNMENT REQUIRE FULL CONFORMITIES WITH THE FEDERAL VACCINATION REGULATION,” END QUOTE. SOUTHWEST IS GIVING PERSONNEL UNTIL DECEMBER 8-TH TO BE FULLY IMMUNIZED. SOUTHWEST JOINS UNITED AIRLINES, AMERICAN AIRLINES, JETBLUE AND ALSO ALASKA AIRLINES IN ABIDING BY THE BIDEN ADMINISTRATION” S ORDER.DELTA AIR LINES IS CURRENTLY THE LAST OF THE MAJOR SERVICE PROVIDERS TO NOT NEED EMPLOYEE VACCINATIONS. IN SPITE OF STRONG NEED … NEW AUTOMOBILE BUSINESS ARE GOING DOWN! EXPERTS BLAMING THE ON-GOING COMPUTER CHIP SHORTAGE AND ALSO VARIOUS OTHER SUPPLY- CHAIN ISSUES. IN TODAY” S CONSUMER ENJOY– JENN SULLIVAN HAS A CLOSER LOOK– INCLUDING WHEN COSTS MAY RETURN TO NORMAL. DECLINING BRAND-NEW CARS AND TRUCK SALES IN THE U-S. THE VEHICLE SECTOR COVERAGE A DROP OVER THE LAST THREE MONTHS– DESPITE HUGE CONSUMER DEMAND. LAUREN FIX, CAR INSTRUCTOR REPORTS CAR MANUFACTURERS— LIKE G-M … AND ALSO FIAT CHRYSLER ARE REPORTING A DECREASE IN NEW VEHICLE SALES– WITH ALL INDICATING SEMICONDUCT OR SUPPLY CHAIN DISRUPTIONS AND ALSO LOW STOCK AS THE PROBLEM.THE AUTOMOBILE MARKET
HAS BEEN MANAGING A SHORTAGE OF COMPUTER SYSTEM CHIPS NEEDED TO CONSTRUCT AUTOMOBILES FOR EVEN MORE THAN A YEAR. LAUREN FIX, CAR COACH RECORDS AND THAT” S CREATING A DOMINO IMPACT IMPACTING CUSTOMER” S WALLETS … BEGINNING WITH CHIP LACKS AND SUPPLY CHAIN DISTURBANCES IMPACTING STOCK AT AUTO DEALERS. AND AFTER THAT THAT LACK OF CARS … LEADING TO RECORD-HIGH COSTS FOR NEW CARS AND TRUCKS– WHICH AFTER THAT SIDELINES PROSPECTIVE CAR BUYERS THAT ARE VALUED OUT OF THE MARKET.
ONE EXPERT SAYS ALLEVIATION FROM THOSE HIGH PRICES COULD STILL BE SEVERAL MONTHS AWAY. LAUREN SOLUTION, CARS AND TRUCK COACH RECORDS FOR TODAY” S CONSUMER VIEW– I” M JENN SULLIVAN. SOME 60-THOUSAND MOVIE AS WELL AS TV WORKERS COULD BE ON STRIKE SOON. IN A NEAR- CONSENTANEOUS VOTE, MEMBERS OF THE ” INTERNATIONAL ALLIANCE OF THEATRICAL STAGE WORKERS UNION’ ‘ ACCEPTED TO AUTHORIZE A STRIKE. THE STEP COULD QUIT HOLLYWOOD PRODUCTIONS FOR AN INDEFINITE DURATION. MOOT: HEALTH AND WELLNESS, PLUS LIFESTYLE SOME 60-THOUSAND FILM AND ALSO TELEVISION WORKERS COULD BE ON STRIKE SOON.
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