Nov 29, 2008

Circa 2009
Posted by Jaime

Kelleygues!

Life has been extremely busy! Work is absolutely crazy, as I am sure school is for most of you, specially this time of the year with finals and such. The economic situation has made it really difficult for many companies to achieve their targets, many of them have revised their "promise" to the markets and hope for the governments to intervene to provide some stability in this turmoil time.

Now that the elections are out of the way, I think things will get better and people will commence to regain confidence in the market. This will not avoid the global economy entering recession, but it should help a bit. For my part, we are trying to finalize several contracts with different airlines before the end of the year. This is a challenge, positive and negative. Its not the best time for airlines to go airplane shopping, nor it is the time when airlines are willing to sign long term contracts as most of them are either shrinking or parking aircraft.

It is a good challenge for all of us in the aerospace industry as we have to challenge ourselves to think in different ways of approaching the airlines and we have to think of them as partners, because after all we are in this together, without them we would not be here and vice versa.

Anyway, let's help the economy a bit by going shopping this Christmas. I am going home in a few weeks and can't wait to get to Indy, see the new airport, shop and relax from the intense but exciting world of business.

Jaime

 

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