Wow guys, things really are bad. I mean for crying out loud UPS furloughing later on in the year? I really was a staunch believer that fractionals and cargo companies were the safest in the whole industry, but after witnessing Flexjet, Citation Shares, and probably UPS later furlough; big egg on my face!
Just hang in there ya’ll. The airline industry is taking the brunt of this recession. I mean other industries are mostly dealing with the bad economy due to credit crunch, but the airlines have a trifecta that they’re dealing with: the economy, effects of high gas prices, and age 65. I guess the silver lining in all this is that it’s going to be very difficult to put together such a nasty environment like this again once it all inevitably turns around; which it will.