Bloomberg (February 22)
“Unloved during the pandemic with their business paralyzed almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts and luring back investors.” Surging demand amid a tight labor market may be grating for travelers, but “for investors, it means some of the airlines they own are generating more than twice as much revenue per worker than they were two years ago.”
Tags: Airlines, Business, Crisis, Investors, Pandemic, Paralyzed, Profit forecasts, Revenue per worker, Surging demand, Survive, Tight labor, Unloved
Bloomberg (March 25)
“It’s the worst epidemic of our times, a health emergency that has now left more than 420,000 infected, 18,800 dead and paralyzed the global economy. The scale has been clear for weeks.”Yet the same “baffling” decisions are “being repeated, over and over again. From Italy to the U.S. and Britain, each government first believes its country to be less exposed than it is, overestimates its ability to control the situation, ignores the real-time experience of others and ultimately scrambles to take measures.”
Tags: Baffling, Dead, Decisions, Emergency, Epidemic, Global economy, Health, Infected, Italy, Paralyzed, Repeated, U.S.