"Can Majors Shift Focus Fast Enough To Survive?"
"Question haunts industry as low-fare carriers grab market share, and high costs, low productivity begin to strangle some airlines."
"Low cost carriers steal the European show."
"Some European flag carriers may not survive in the long term, a politically correct reference to the need for consolidation."
Just SOME of the quotes in an interesting article in the latest issue of Aviation Week, just delivered...on the web shortly i'm sure.
The picture is NOT pretty, at all....
Would suggest that some here, who think that their respective airline is the nirvana of aviation, have a look...and consider what the future holds for those that are not prepared.