Quote:
has over-expanded for a 'normal' market
Do explain.... Yesterday 22:24
What I mean is that BA and every other company on the planet has recruited, expanded and written their business models to compete in a market that was a bubble, and as such was entirely false. All the economy is doing now, after the initial shock is merely correcting back to a path of sustainable growth, and that correction has meant that many companies in many industries find themselves horribly over capacitized.
The economy probably will recover(not definately as the question of the 80% of GDP national debt still remains unanswered), and probably will grow again leading us back to reasonably good times, but it will take a few years, maybe more than few, before the market even gets back to where it was at the end of 2007.
Thats what I mean by BA having over-expanded - they merely expanded to match the bubble then found themselves standing on air when the bubble burst.