PPRuNe Forums - View Single Post - Lufthansa plans to increases number of grounded planes and job cuts
Old 8th Oct 2020, 10:21
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Hot 'n' High
 
Join Date: Dec 2001
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........ yet! So far we are effectively talking of the "here and now", especially in Aviation and maybe trying to second-guess what may happen next year.

Of concern is that what is to come for all national economies in the slightly longer term as that has had little coverage so far. Once the final employment impact is felt across all industries with unemployment benefits up and tax revenues down and, of course, the small question of the recent Govt borrowing to pay for all of this, the next few Budgets everywhere will make for "interesting" reading.

I have seen no figures but, I suspect, our kids will be paying for this for quite a while.....
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