PPRuNe Forums - View Single Post - Who will survive this and be here in 6 months ?
Old 22nd Mar 2020, 22:07
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ILS27LEFT
 
Join Date: Aug 2002
Location: Europe
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Survival

We all agree that this is the Mother of all Crises for the global economy and especially for all travel related businesses. The question of this post is about survival. Governments will save what must be saved to allow the economy to bounce back. This means that we will have to go back to nationalised airlines. No country can survive and prosper without a national carrier that can cover business essential routes, including cargo etc but also unprofitable routes must be covered e.g. domestically. Capitalism is much better than anything else however it is still not perfect in its present form and this virus will prove it. It is still the best system available to us however it can be greatly improved and it will be certainly enhanced after the virus has ended. The standard rules of capitalism cannot be applied during this crisis. We cannot end up with millions of unemployed and a very high % of companies going bankrupt. It would mean social unrest which will not be allowed on this occasion.

Last edited by ILS27LEFT; 22nd Mar 2020 at 22:42.
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