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Old 27th Sep 2001, 15:04
  #9 (permalink)  
A and C
 
Join Date: Jan 1999
Location: north of barlu
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Just as the gulf war started airline load factors dropped by 24% within six months the load factors returnd to normal.

The chairman of the UK CBI was quoted on the TV the other night as saying that the UK economy is in a much better state than befor the gulf war as most companys are far lower geared debt wise.

This "crisis" is is one of confidence stoked up by the press and the brokers in the city (whos commission is on volume of trade)and not one of hard economics.

I know that this will be of little comfort to those of you who have lossed jobs over the passed week but it will get better and faster than last time due to the basic health of the economy.

It is my gess that we will se a mini boom in pilot recruting in about feb next year in the charter sector when it becomes apparent that no one can stand between an brit and and his week in the sun.
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