EPS 249: TURBULENCE with Mr. David A Banmiller, Retired Airline Executive and Author (Chapter 12) - a podcast by Chris Notter

from 2021-07-15T10:46:54

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Turbulence - Session 14 - Chapter 12

 

David Banmiller talks us through - Weathering the storm of Bankruptcy...

 

Warren Buffet quote:

'The worst sort of business is one that grows rapidly. Requires significant capital to engender growth, and then earns little or no money'

Should the Wright Brothers have stayed in bed?

 

Bankruptcy - derived from the Italian - banca rotta (sounds easy enough but actually translates to broken bench)

 

So many in our industry have experienced such tough times

 

In many cases the rebound or return is stronger and wiser

 

We also cover the wonderful opportunities of our industry - 

  • PROMOTIONS
  • DEMOTIONS
  • RELOCATIONS

Our last chapter - Charting the best course for the future - will be followed by a review of the Epilogue, Acknowledgments, Appendix B

 

AND THEN FINALLY:

  • LESSONS LEARNED
  • WISDOM AND ADVICE 
  • HOT TIPS 

Further episodes of The EVA podcast

Further podcasts by Chris Notter

Website of Chris Notter