British Airways wants to merge with Iberia, Austrian is looking for a strategic partner, and Ryanair is ready to pounce and take advantage of any anticipated airline bankruptcies. It’s the reshuffling of deck chairs that the serious airline revenue and cost crisis has triggered in Europe. The financial incentive is clear. Ryanair has seen a 85% decline in profit, Austrian estimates a full-year loss of €70-90 million ($109-140 million), and British Airways was expected to announce a sharp ...


You must be a paid subscriber to access "Europe’s Airlines Scramble for Financial Health With Big and Small Adjustments".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.