Perhaps another indicator to the residents of LaLa land that all is not well in the real world:
Scandinavian airline SAS plans to sack up to 100 pilots after talks with their union failed.
"We were in negotiations with the pilots and the negotiations were not successful," Sture Stolen, head of investors relations at the airline, admitted.
The staff cuts were part of a cost reduction programme and would be enforced "as soon as possible", he said.
The airline has struggled with falling passenger loads and has been cutting costs aggressively through its "Core SAS" programme.
Traffic was down 13.5 per cent in October year-on-year, it revealed earlier this month.
This comes on top of a large amount of other redundancies from all other SAS departments as they attempt to adjust their business model to the new environment. No Government bailouts there either as, except in the dodgy case of Alitalia, Government bailouts for private companies are against the EU law.