Disclaimer: This is a discussion based on an article from The Economist, so no reason for them to get angry I guess, plus they probably won't have money to sue anyone now
https://www.economist.com/news/busin...-airlines-face
This article says that they can actually close doors. I also heard that they can become a low-cost carrier (maybe a merger with FlyDubai?)
I mean Air berlin, Alitalia, Virgin Australia.. Plus low oil prices, so no business to fill the premium cabin for years to come unless some miracle happens to lift the oil prices up.
So now what? If they go belly up, it would be a huge blow to the whole reputation of the region. Somehow I don't see it happening. What is your opinion on their future?