FlyerTalk Forums - View Single Post - LH: bookings down since Sep 2008 [the LH economic downturn thread]
Old Oct 25, 2008 | 2:11 am
  #88  
MichalFKowalik
 
Join Date: Jun 2008
Location: Warsaw / London
Programs: price is a king
Posts: 820
Unhappy

hey,

seconds ago I got some news - my company (100k employees IT) has now an absolute ban on traveling except key-important customer visits. All of our regular HQ trips are cancelled (few days before departure!) and we're back in front of our desks. This does not happen too often. From financial point of view for us it's a good decision if this is a temporary one. I think.

Now - if this happens to all our neighbours in Sillicon Valley and then spreads out into all other industries, well - airlines have a problem. $60 per barrel won't help.

Wonder how it works at your businesses.
mf
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