PPRuNe Forums - View Single Post - Coronavirus employment low on its way?
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Old 8th Mar 2020, 11:15
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Luke SkyToddler
 
Join Date: Mar 1999
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I would hold off until the situation becomes clearer

In addition to the previous mentioned Thomas Cook and Flybe guys, there are a lot of very very experienced captains who have basically been fired from their Chinese jobs last month, who will be snapping up anything that's available at home

There is a very high chance that some very well established airlines in Hong Kong, who employ a load of western expats, will be making massive redundancies if this situation is ongoing in a few weeks' time. They'll all be coming home looking for jobs

There are several European airlines in very dodgy financial positions who won't survive for long without massive bailouts. The Italian government has just put Milan in full lockdown

There is a small but not zero chance that the big Gulf airlines will also make redundancies

Think like the airlines themselves ... in times like this, preservation of your cash is key. Don't take on unnecessary debt unless you're absolutely sure you will end up in a better position as a consequence.
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