FlyerTalk Forums - View Single Post - BMI at risk of going under?
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Old Aug 4, 2008 | 6:03 am
  #16  
tht
 
Join Date: Mar 2004
Location: NYC, BLR, LHR, SIN and a few others
Programs: UA 1K 1.01 MM
Posts: 1,245
Originally Posted by Traveloguy
Contrary to reports in the press, things are not going completely to pot and this is not the great depression where most the workforce was unemployed. With that in mind, I can't see BMI's slots being valued much less than they are now as people still need to travel and at least for the time being London is still probably the most single important city on the planet.
As with almost any asset the value of something is defined by 2 things, what someone is a) willing and b) able to pay for it....
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