Having been through a major airline collapse myself I do feel for you all and I did notice in their initial report the SKY NEWS did air their concerns for the staff of XL. Unlike customers who have been greatly inconvenienced and out of pocket and have a job to return to will get over it, especially since it's their own problem if they didn't take out travel insurance. This is a tough time for the industry but what concerns me was the CEO of BA suggesting there will be at least 30 carriers go bankrupt within the next 4 months.
Does anyone have any idea just "which" airlines he is suggesting? In a time where you would think the "low cost" or "charter" model would work it seems to be back firing, maybe due to lack of backup cash to ride them through these times. Mergers amongst the biggies is being suggested and one that comes to my mind is Air New Zealand.......any thoughts on who and when??