I have a feeling it might even be worse than expected. If you look at the other european airlines, they seem to be doing better. Especially the ones that have alliances, openskies ans antitrust immunity with the US. Until you are able to fully tap into the potential passengers in the worlds largest market--the USA, I dont see much hope for a sustainable recovery for BA. No hope at all. I just wonder if Rod Eddington will be dismissed before this comes to pass. If so it might bring new blood, on the other hand BA will lose more time in gaining a full fledged, sustained recovery. Just my 2 cents worth.