brabazon
It might be that I am too much optimistic ...but I firmly believe that in 5 - 10 years time the European airline scenario will be completely different, as well as the USA one.
In Europe, Alitalia, Olympic, Swiss and others (including many LoCos) will go belly up or will merge, others will reshape a lot (BA long haul only?) ...
In the USA, well the Chapter 11 area and beyond looks over crowded already now ...
...and hopefully the EU will take over in bilateral talks, cabotage, etc.
I see good signs all around, so keep on moving.
