Europe is going the same way as usa. There is only so many passengers. Growth will come via mergers.
In 5-10 years all there will be in europe is iag/af-klm/lufty/ryan/easy. Maybe the odd niche player.
Will be interesting to see how j2 is faring at the moment. Seeing lots of sales for them online at the moment on social media, guessing they are behind the bookings compared to last year