PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 15th Sep 2008, 09:06
  #395 (permalink)  
Grass strip basher
 
Join Date: Nov 2004
Location: The Desert but shortly to be HK!)
Age: 49
Posts: 474
Likes: 0
Received 0 Likes on 0 Posts
Financial Health Warning!

Lehmans gone bankrupt this morning and Merrill Lynch taken over by Bank of America.... the turmoil in financial markets is A ONCE IN A LIFETIME EVENT!

Do not underestimate the impact this will all have on the airline industry. It is going to get a LOT WORSE. You would have to be straight out of the loony bin to sign up for an integrate course now as this will take 3-4 years to work out not 12-18 months.

This is very very very very very very very very very very very very very very very very very very very very bad..... the events of the next 6-12 months may well make recent events at XL look like a walk in the park.... ignore the warnings on here at your peril.

Now is the time for caution and hanging on to the job you have whatever it maybe and however unpleasant.... now is not the time for "chasing dreams!"

Rant over....

Edited to add that BA in the market saying "this is the worst trading environment ever"

Last edited by Grass strip basher; 15th Sep 2008 at 09:37.
Grass strip basher is offline