The 'new' Swiss does appear to be hanging by a thread, let us hope that it does not become a self-fulfilling event. If people think it's going to go then they wont book and so it slides down the chute ...
However, across the next ten years, more than one name will go. Whether they are merged/taken over/close, there are more airlines in Europe than the market will stand. Don't forget the difficulties of the German social and financial structure. This has been building for years and is now coming to the surface. Well, it's been on the surface for years but no one wanted to talk about it ...
I don't know who's going next but someone will.