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Thread: The Recession
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Old 19th Nov 2008, 13:50
  #27 (permalink)  
lastdon
 
Join Date: Mar 2007
Location: South East Asia
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Reality Check?

B747,

Thank you for posting the charts which is as clear as "THE writing on the wall."

if chinese airlines are looking for help how much more other airlines need help?
Currently the scenario for corporates is like.....Travel only IF required.
Most work now is carried out by Video Conferencing, Web Meeting etc etc.......

Airlines would be one of the last sector's where the boom (or so called +ve growth) will be seen. And the first one will be the Housing market. So only when the housing market starts to pickup once again in the future, should we start discussing about "The Great Upturn in Aviation Industry".

Till then it is Good Night.......I guess its going to be a long cold winter night......

Regards
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