raas767,
well, rationalisation will certainly be un the agenda, that's true, but as far as job losses are concerned, I don't have enough experience in this world to judge that much, but I feel like the job cut happening now is more the result of the general downturn. At the time when they were crying after pilots in europe, airplanes were full though there were many airline flying, so, when the downturn will find an end, there might be less carriers on the market, but, the amount of pax will get back sooner or later, so there is still a chance that everybody find a seat back, dont you think?