Now let me see.....
2008 will see an economic downturn which will lead to a fall off in passenger numbers; both in business and leisure markets.
This will lead to;
BA struggle with new T5 operation and unforseen operating costs.
EZY become LGW premier carrier and take prime residency in North terminal, BA, operating far fewer flights, re-locate to South.
Iberia goes to the wall.
Alitalia survive as Italian government will not let it fold.
FR has major fall out with Boeing and places the largest Airbus order ever.
From earlier post;
EU legislate against advance full purchase of tickets forcing airlines re-think their reservation models for 2009.
Roll on 2008 and lets see what actually happens...
GH