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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Arran Yuan who wrote (47676)3/20/2009 1:31:51 PM
From: elmatador  Read Replies (1) of 217592
 
Why airtravel downturn will last long:

People will economize on holiday trips

Companies tight the fist. A certain company from North of St. Petersburg, known to make pole climbing gear put a travel ban. Employees need very high level approval to buy any ticket. In March, only a Business Unit saved USD200K.

HK Cathai Pacific is filling its planes with cheap tickets holder. Says it can't survive much loger with this strategy.
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