With airlines around the world struggling to survive the economic downturn, the time should be nearing to break the taboo of consolidation in the sector.
Ryanair’s warning that things are going to get worse in Europe’s economies has understandably got investors in airline shares flustered. The airline’s own shares fell by more than 8 percent.
Is it time to stand up for your flights?
Airlines the world over are struggling to cope with the downturn as people and companies save money by flying less.