I didnt say Australia because as soon as countries are mentioned in pprune it seems to turn into a "my country is better than yours" contest.
I am simply trying to voice an alternative/opposite view. I try to do this to stimulate debate. I am sure you have information I am not privvy too and maybe vice versa.
Many airlines around the world have cut schedules and asked people to go on leave. I dont recall any of these saying they would be filing for bankruptcy any time soon because of it.
Most will probably use it as leverage to get concessions in labour contracts. Thats just my opinion based on history.
Something that has happened which may be a blessing in disguise is the Dow going down. It was rather overheated and a correction was probably needed.
Lets see what happens.