Sunday, February 22nd, 2009
There were two interesting reports on German Television lately. A short summary:
The Money Market
Currently the Money Market is a soap bubble. Anything is dealed, put into mass, dealed again and again and again. For any winner, there is a looser though, but no-one tells about the loosers.
Industry
You can only sell products. Money in itself is [...]
Is low cost at its end? Lately Ryanair sued a German tour operator for combining Ryanair product with hotel, etc. for a travel package. Concern was posted, if that was an intelligent move, though I did reply that it was in line with O’Leary’s public known strategy.
But now Ryanair grounds aircraft, stating it would be [...]
I don’t know if this is a specific German issue, but lately a lot of deals become public, where banks and analysts are found to misuse their power to increase the IPO-value of startups or systematic damaging of reputation and corporate value i.e. by publishing misleading information or cancelling given credits without cause, just to [...]
The Cassandra-effect: When I addressed the situation on the crude oil market to airline managers earlier this year, looking back I feel like 1994, addressing the Internet: I was “the freak”.
The kerosine price explosion sped up the szenarios I did address. Just a brief recap of my theses: Flying will become a luxury again. How [...]