FlyerTalk Forums - View Single Post - Lufthansa Ticket Refund Timeline
View Single Post
Old Apr 10, 2020 | 11:10 am
  #15  
djjaguar64
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
30 Countries Visited
20 Years on Site
 
Join Date: Oct 2001
Location: YYZ
Programs: A3&O6 Gold,IC AMB
Posts: 14,215
Originally Posted by Carpacchio
What would you as a CEO do if you are bleeding 1m EUR per hour (as per C. Spohr) and don't know how long the situation will prevail ?
Avoid any cash payout whatsoever that is not absolutely necessary.

And that's what happens...
As a smart CEO I would expect you to think of your customers and the current situation and have a strategy in place to mitigate such risks. Companies can be bailed out by governments, but who is going to bail out your customer who may have lost his job?
djjaguar64 is offline