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Old 22nd Nov 2011, 17:16
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sanook
 
Join Date: Apr 2004
Location: Europe
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Mr Sandwich, I agree with elements of your vision but Europe’s demise is no different to the worldwide issues with the aviation business today. Until Governments stop interfering with simple economic s of this business, the delicate equilibrium between supply and demand will never be allowed to materialise. Where else does a dynamic sector with huge appetite for demand fail to make significant returns? Geopolitical events or spikes in the price of crude just further unsettle the equilibrium. Over capacity is endemic and until there is a market free from archaic protectionism, we continue down a perilous path…
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