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Thread: Sabena buy out
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Old 7th Oct 2001, 01:48
  #10 (permalink)  
skysheriff
 
Join Date: Sep 2001
Location: europe
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Well, from my point of view Swissair and Sabena are finished. Let it be so. I admit Swissair and Sabena were good operations and i remember several jumseats in both, but this is the way economics works
Those failures are just an indication of how government politics can mismanage a business .
Only a few of the european airline dinosaurs (BA, Lufthansa, Air France, KLM) will survive the current crisis in their present form. They are overstaffed with bureaucrats. This has no future in a deregulated market. The european community of communist states is going for a common currency but each government still backs its own national airline. What an economic absurdity !
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