FlyerTalk Forums - View Single Post - Banking/Financial Crisis [Will LCY-JFK service happen?]
Old Oct 26, 2008, 8:50 am
  #10  
Globaliser
FlyerTalk Evangelist
 
Join Date: Aug 2002
Location: London
Programs: Mucci. Nothing else matters.
Posts: 38,644
Originally Posted by cstead
I believe the number of layoffs on Wall Street has already exceeded 100,000, and the estimates have it capping anwhere between 100,000-250,000. That's a lot of people no longer purchasing J and F fares
In general, that must be right.

But the LCY-JFK service is (as I understand it) more-or-less aimed at a handful of big corporate clients at Canary Wharf. So the service might still be demanded or even required by the people that matter, even if as a matter of market generality there is a lot less premium travel.

It might end up being rather like the GlaxoSmithKline corporate shuttle across the Atlantic, on which Joe Public can also help out by buying the odd revenue ticket from AA.
Globaliser is offline