The ECB are now forecasting a sluggish looking 1.7% GDP growth in the Eurozone next year. ECB QE just stopped. The Fed will raise rates.
https://www.cnbc.com/2018/12/13/euro...or-europe.html
A perfect storm for NAS. To top it off their expensive but fuel efficient fleet ain’t looking so marvelous at just $55 for Brent crude.
Willie Walsh isn’t their to rescue it, he’s there to kill it.
WWW