Beamer
The vultures have been making plans ever since this mess started, it is no rumour! You can't blame them they are all fighting for survival.
My guess is the German market is going to loose a big player and that will impact on the UK. Even if this does happen or if MYT fails it will not mean automatic salvation for the remaining operators as the market is still vulnerable to further pressures on the economy, increasing interest rates and fear of flying due security issues. The German owned UK operators are at the mercy of their parent company’s success and sadly no matter how well they do they will not be protected from a major collapse in Germany. Looking at the projected write downs at TC AG you could see LH pull out of this market and throw TC to the wolves that would leave TC UK very vulnerable indeed.
Even BA is still under threat; I doubt they would survive another 9/11. As it is they will need further large restructuring to survive.