More woe on the BBC
According to a report on the BBC European
Airlines are likely to suffer further problems
Only the Big flag carriers are expected to survive Lufthansa Air France and BA
The Low cost carrier will expand exponentially
Overall job losses will be in the
order of 70000-100000 !
Exmaples cited
Air France - cutting schedules, freezing
hiring
Iberia - Ticket surcharge for extra security and insurance
Lufthansa - insurance surcharge, postponed orders for 19 planes
Alitalia - 2,500 jobs at risk, planes mothballed
TAP (Portugal) - trying to sue Swissair for pulling out of partnership contract
British Airways - cutting 7,000 jobs, cancelling 190 flights per week
SAS (Scandinavia) - cutting 800-1,100 jobs, raising prices, cutting capacity by 12%
Swissair grounded
Sabena in big trouble
Any good news?