TURBULENCE with Mr. David A Banmiller, Retired Airline Executive and Author (Chapter 12)

S1:E249 | 15th July 2021

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

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