Airline

Shelter in the storm: Europe’s smaller airlines face new round of consolidation

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Shelter in the storm: Europe’s smaller airlines face new round of consolidation

Europe’s airline sector is in for a bumpy ride after several months with no major airline failures. Rising fuel prices, excess capacity and relentless low-cost and foreign competition are making it tough for all but the biggest carriers to survive. Mid-sized and smaller operators will have to seek...

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