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Old 10th May 2009, 03:58
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tail wheel
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Join Date: Jan 1996
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Is 30 old? I wish I could remember being 30.........

I have a personal theory that the world will recover from the current "recession" far quicker than the politicians predict. Indeed, is it a recession - or was the share market grossly over valued based on earnings ratios, rather than actual asset backing and the high fliers of the corporate world got caught out with high debt to equity?

International and domestic passenger markets will continue to show strong growth, although yield will be down until the "recession" is over. Post recession, all those outstanding aircraft orders will be delivered - and it will again be boom times for air crew.

But that is just a personal theory. I've been wrong before.......
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