Oasis in Hong Kong has gone bust. So thats four airlines in the US and now one in the Far East that have announced ceasation of trading in the last week. Alitalia is on the very brink of going bust in Europe. BA share price is lower than Sept11th in real terms, the low cost carriers are cutting capacity plans and freezing wages, the charters are merging and 'gaining efficiencies'...
These are just the tremors people.
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