On merger stand-by
Mixed results from Europe’s airlines mean consolidation is overdue
BRITISH AIRWAYS and KLM in recovery; Air France booming as ever; once-proud Lufthansa sliding badly; and Swissair struggling to survive. Europe's national flag carriers present a mixed picture. But they are all feeling pressure from the low-fare start-ups that are upsetting the cosy world of European air travel (see article).
This article appeared in the Business section of the print edition under the headline “On merger stand-by”
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