Each could make a case. For the vendor, it's not just about the price but also what each bidder can bring to the party. |
He has very successfully tackled a niche in the market and appears to have done well so far. |
I think there is will, political and governmental, for a deal. And its about time. |
I was quite encouraged. The main message is that it is looking a bit better for the industry. |
It wasn't the world's greatest surprise given that Delta had chosen to join up with Air France. |
Swissair has been strengthening its relationship with American over recent months. |
The oil price has the greatest short-term effect on an airline's performance - it feeds straight through to the bottom line. |
This is a defining moment for the European aviation industry. |
This is clearly a profit warning. The world isn't getting any better and yields are only going one way -- down. |
What we have seen is degrees of rescue aid, and what I think we will continue to see is support for airlines being perhaps allowable as long as they can show they are making progress and not interrupting a process of consolidation. |