Many noticable changes coming within the industry worldwide over the next 5 - 10 years.
At these current levels it is my opinion that some Australasian carriers will find it difficult to compete with the ME'ens which includes Air New Zealand.
EY and EK are going to be the dominant players in the ME which will spread to other far reaching locations like Asia, Australia and NZ.
What the impact on the european market these MEens will have I am unsure, yet I do feel they will take a huge market share from many carriers worldwide.
EK has already made a large dent in the QF market to and from AU and NZ.
The ME carriers having lower wages, fuel costs and newer A/C will provide them with ever increasing strength against competitors.
I do feel GF may merge or disappear within this time!
It certainly is the market to watch.
(No offence to those in employment at GF)
Having said that... I am no expert, open to others opinions on the subject.