Here’s the big picture. You run an airport in Stuttgart, Germany...and expect sixty flights a day to take off (most are forty to sixty passenger planes). You can take a week like this and just whine about it. Two weeks? You start to identify people to layoff. At the third week...you start cutting people and trimming expenses.
Look around....the tourist and vacation business is critical. Thousands of people are involved in people movement and vacations. You are barely six weeks away from the start-up period when people would take off for Greece, Turkey, and Spain. If airlines can’t move them....then the whole market falls apart. We aren’t talking just a billion or two....it could be tens of billions for a two-month period.
Look at Fedex and UPS. They can’t guarantee their customer in Georgia or Florida of getting the items to the right places. Unless they fly under the southern portion of Europe and drop off goods in Italy to be trucked over Europe....then this whole mess becomes an issue for them.
So as next weekend comes...and the volcano is still in fifth gear....I’d start to look at the business operations at Frankfurt’s airport and how it’ll shut down.
air freight is a financial disaster
let’s hope the volcano keeps going
What IS the status of the volcano?
Is it expected to be blowing into next weekend?