I don't agree that Dan Air and Air Europe are too much diferent than a number of companies that are vulnerable during this dark time. Most of our charter operators are still owned by companies that rely on income other than directly through the airline itself. Like I said in an earlier post, we will see the failures following the Xmas period.
The problem is it will be worse this time, as there are more vulnerable airlines. Two airlines going bust in the 90's has less of an impact than tens of airlines laying off pilots to save cash. If you catch my drift
Cheers
DB
