British Airways Chief Executive Willie Walsh told to German magazine very depressive news about aviation industry, according to Reuters. BA expects the financial recovery not sooner than 2011, still, some airlines make profit even now.
“I don’t see a sign of improvement in the economic environment. It will get worse before it gets better,” Walsh was quoted as saying by WirtschaftsWoche in an interview provided to Reuters on Saturday before publication on Monday.
Maybe so, but if the reasons are more deeper than in worldwide downtime? Maybe the “big ones” have grown well beyond their limits to handle the business? I mean we have experienced big companies to fall just because of that. Example, Chrysler… Company that is so old that it should have been taken care financial situations like these. Another one… Nokia. It has the money to go on even if their products don’t sell as good as expected. Maybe British Airways is in same as Chrysler, leadership downtime.
On the other hand, I am not a business man but seen it very close. Very.
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