So it got brought up in German business news that Lufthansa is in serious trouble, and there might be 20-plus thousand employees let go by the end of 2020.
The problem with this? The government is bundling up a loan to keep them afloat....roughly nine billion Euro. Some folks are saying for that amount of money....they should keep the employees on the payroll.
The problem here? Virtually no one is figuring regular air-travel numbers to occur for 2020, or 2021.
Right now, there is talk of regular flights increasing and maybe getting up to the 30-percent point of normalcy by the end of July.
I asked the German wife about wishful air-travel and vacations for the remainder for 2020. That got squashed pretty quickly. She'll accept a car-trip (within four hours), but with this mask deal in a plane? No way.
So the question is...if you can only bump up around 50-percent by early January, and virtually no way that you go beyond 75-percent of 'normal' by the end of 2021....why keep all these employees on the payroll? So the 20-plus thousand folks are being openly discussed.
Adding onto this....they all have unique talents that no other employer can really be interested in.
What do you do with a stewardess who is forty-four and virtually no other job for the twenty years? An aircraft mechanic with various certifications, age thirty-seven, and no other potential job?
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