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Cendant Corporation (CD) Message Board

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  • Leonardo_Bazzani Leonardo_Bazzani Sep 16, 2001 5:30 PM Flag

    Re: Counterbalancing Trends for CD

    If airlines lay off 100,000 soon, the first thing these high paid workers will do is to sell their stocks. I am more worried about U.S. and Europeans travelers to Italy. From now till the end of the year, we do 70 % of our business. The hotels in Milano and Rome are also facing similar struggle to survive. We have to pay our bills and overhead cost.

    Carriers Cut Flights As Demand Declines
    Industry Braces for Sweeping Layoffs
    http://www.washingtonpost.com/wp-dyn/articles/A38042-2001Sep15.html

    Leo

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    • Worldwide Caution
      http://www.travel.state.gov

      PUBLIC ANNOUNCEMENT
      U.S. DEPARTMENT OF STATE
      Office of the Spokesman
      --------------------------------------------------------------------------------
      Worldwide Caution
      September 12, 2001
      The events of September 11 at the World Trade Center, the Pentagon and Somerset, Pennsylvania, serve as a cruel reminder of the continuing threat from terrorists and extremist groups to Americans and American interests worldwide. This situation remains fluid and American citizens should be aware of the potential risks and to take these into consideration when making travel plans. The Department will continue to develop information about potential threats to Americans overseas and to share credible threat information through its Consular Information Program documents available on the Internet at http://www.travel.state.gov.

      As the U.S. Government has reported in Public Announcements over the last several months, U.S. citizens and interests abroad may be at increased risk of terrorist actions from extremist groups. Most recently, we advised that we had unconfirmed information that terrorist actions may be taken against U.S. military facilities and/or establishments frequented by U.S. military personnel in Korea and Japan. In addition, we continue to be concerned about information we received in May 2001 that American citizens may be the target of a terrorist threat from extremist groups with links to Usama Bin Ladin's Al-Qaida organization. In the past, such individuals have not distinguished between official and civilian targets. We take this information seriously. In light of the above information, U.S. Government facilities worldwide remain at a heightened state of alert.

      U.S. citizens are urged to maintain a high level of vigilance and to increase their security awareness. Americans should maintain a low profile, vary routes and times for all required travel, and treat mail and packages from unfamiliar sources with suspicion. American citizens are also urged to avoid contact with any suspicious, unfamiliar objects, and to report the presence of the objects to local authorities. Vehicles should not be left unattended and should be kept locked at all times. U.S. Government personnel overseas have been advised to take the same precautions.

      Leo

 

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