EUROPE quo vadis
What is going on in Europe?! SAS, Air Berlin,Cargolux, SN Brussels, Iberia and even the big ones like Lufthansa and AF/KLMare strugeling or are close to bankruptcy. Something is very wrong in the old continent….Or is the globalized world ill as such? Who are the competitors to this well established and more or less “union friendly” airlines? The Middle East comes to mind. Airlines like EK, EY or QR?? This carriers are subsidized by their states and their aim is to get market shares for whatever it will cost and money is not an issue here. They are subsidized and don’t have to care about how to make money and they also don´t have to worry about labor law and/or human rights. It´s modern slavery for the ones who decided to work there or just had no other choice in order to feed their families. So the question is: Is the European government watching their own industry going down the drain or will they establish some mechanism to protect their own economy like reducing slots for certain airlines which are subsidized by their state of registry??
Hellas!! Europe quo vadis?
Last edited by HURZ; 5th Dec 2012 at 20:26.