DPIT .youré 100% correct ,but airlines take an awful long time to die,like casinos the cash flow is too good to be true .SR & Sabena will still be around for years ;albeit not in their present form ,competent senior management usually avoid the airline sector -too much risk & relatively low compensation,banking offers much better returns lose a few billion in South America ,who cares ? lend ém more so they can pay the interest? plus no pesky employee organisations to deal with,but seriously the level of senior airline management in Europe is a scandal.It would be so much funnier if thousands of people did not have to rely on their ability.