It has now been four days that the planes over most of Europe stayed grounded and although the light at the end of the tunnel is insight the problems it has caused are far from over yet. Not only will the financial loses that the airlines and airports have an impact on the aviation markets there are also be other problems arising that have a more global impact. For example think about the employees that were on holidays and are due to return home last Thursday, the work they were suppose to be doing has not been done yet and the backlog of work needs to be caught up and paid for of course. Or what about the couriers like DHL and FedEX, the next day delivery promise has been broken and although the alternatives as shipping the packages by boat or car might have gotten the packages on the destination. They would have been late and it would have cost the companies a whole lot of cash more and let’s not forget the packages them selves that might have contained important documents or contracts to close a business deal or even a hearth or a kidney for that transplant patient waiting in the hospital. All these costs will have to be come out of somebody’s wallet and sadly enough most likely this will be paid by the EU Taxpayer, saving another airline from going bust. So just look ahead the coming months for a possible mini recession but this time we can’t blame the greedy bankers… we can only accept nature and its powerful force it still has upon us.
Tags: ash cloud, ash cloud impact, impact ash recession, recession 2010
