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We knew there was some sort of Retro One Piece Anime Shirt, Straw Hat Pirates, Monkey D Luffy, Japanese Anime Manga, Special Gift Shirt, Hoodies, Sweatshirt emerging viral issue in December. Our health and safety team had flagged in Wu Han because we have five hotels in Wu Han, something’s going on. It felt like a just China issue for us because a lot of what we make is for domestic consumption. And so certainly the impacts that we looked at, implications that we looked at were largely limited to China and perhaps parts of Southeast Asia at that time. I don’t think anybody thought even when this was impacting Macau in China, that it would distance itself, this close to us here and end up in our ultimate shutdown. So there’s this disconnect between the sort of bad rumblings out there and the bad headlines coming out of China and across Europe and the US suffered. It just keeps going up. I mean, it hits record high after record high. In February looking back, it seems like hubris, but investors often don’t see what’s right in front of them.
Coronavirus was on the horizon, but our investor day was one of the Naruto Transforms Into A Nine Tailed Fox Shirt, Kurama Nine Tail Fox Shirt, Hoodies, Sweatshirt and exciting that we’ve ever had. I remember talking to a very, very prominent investor Superbowl weekend down in Miami, where we had a discussion with both of us said, “Boy, it seems like there’s a lot more risk “in this virus becoming a bigger issue “than the market’s pricing.” On on February 11th, we’ve been asked to participate in the opening bell ceremony for NASDAQ in celebration of our 20th anniversary. Happy 20th to JBLU. I had the pleasure of appearing on Squawk Box in the morning and was specifically asked whether or not we were seeing any impact from the coronavirus. You want to start with coronavirus? Sure. Is it really impacting things in here in United States right now? For JetBlue, it’s not impacting JetBlue in any meaningful way. Boy was I wrong? And there a headline that I think will live with me until I retire from this industry.
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The Chinese government basically shut the Sanji One Piece Shirt, Straw Hat Pirates Anime Shirt, Vinsmoke Sanji Manga Shirt, Hoodies, Sweatshirt country down and put the entire populace under quarantine. Now, that had an immediate impact on Toyota’s operations there. We couldn’t make cars, we couldn’t sell cars. We have over 700 screens now, which is 1% of the screens in the country. And Chinese new year is the biggest film going week for us of the year in China. We typically do 10% of our year in one week. And then we heard every theater in China was closed. And then a day later, they said none of the big Chinese movies would be released. What was the biggest part of our year was reduced to nothing overnight. We produce about 70 billion doses of medicine a year in over 150 countries. We had to make the decision to send all of our China operations home, which is over 10,000 people. I think I began to wonder now, this is something really big. Movement around China, especially around the Ubed province was being restricted.
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So we had to let both our employees know, and Joey Jordison 1975 2021 T-shirt Knot Slip Rip Joey Jordison Legend Shirt, Hoodies, Sweatshirt more broadly we communicated that this could have a ripple effect through other supply chains. And it wasn’t clear at that time how significant it would be. We started having meetings almost every other day to really understand how do we pull together the right teams, assessing the demand, the supply chain challenges. We work together for everything, from sourcing, making sure that we had the critical raw materials available in order to be able to manufacture respirators, gearing up the equipment so that we could run 24, seven everywhere around the world. By the end of February, we had mobilized a crisis management team. I was meeting with my CFO on a regular basis, thinking very long and hard about liquidity. We were modeling every weekend, looking at these numbers that I think look horrific, that looked like nothing I’ve ever seen only to be outdone by the numbers that I saw the next weekend.
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Which only got outdone by the Naruto and Kurama Nine Tail Fox Inspired Unisex Mens Womens Lightweight Shirt, Hoodies, Sweatshirt numbers I saw the following week, as it went further and further into the abyss. I remember the management team meeting that I had with my team on March 4th, where we all sat in the same conference room together. Jamie came and spoke to us for an hour and he said to us, “You should go read the history “of the Spanish flu pandemic in 1918.” It was a early brush fire in the spring summer of that year. It kind of went away, and then in the fall it came back and it killed 50 million people. And he said, this is going to be severe. 35 fatalities are linked to the life care center in Kirkland, that is the hardest hit facility. When I saw pictures of that nursing home outside of Seattle, where families couldn’t get to see their family members inside the nursing home, because the virus had essentially taken that facility over.
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