PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 15th Apr 2008, 09:27
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HN1708
 
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I think another thing to remember when hearing of Ryanair and the like putting 20 aircaft offline 'for the winter' is that there is a lot of spin on these statements for the sake of the share prices, maybe what they actually mean is that 'things are slowing down and we're cutting loss making routes early.'

Another interesting thing is that i know a head of a mortgage sales company that 'hasn't sold a single mortgage in 3 weeks' and seen half their colleagues laid off in the past month. I wonder if they'll spend there redundancy on a weekend away in europe with the crap exchange rate- i think not!

What slowdown eh, McDonalds here i come!

Last edited by HN1708; 15th Apr 2008 at 10:28.
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