According to Yahoo.de talks are going on between the European airlines Lufthansa and Swiss about the first taking over the second. Swiss has been in troubles for a couple of years now and did not come to an agreement about joining British Airways Oneworld Alliance. What do you think about it? I think it's about time, Lufthansa seemed to have lost some ground to British airways and Air France_KLM... time to get it back ;-)
Re: conventional wisdom An takeover is always for best. Situation flawlessly exist on paper. My expertise is minimum however, some would say. This helps keep things tidy and wages down. When we say down, we mean purchase would increase service. Assest would double and profits climb. An investment adventure for all.
As long as the brand is continued and Zurich Unique remains a major hub airport, I think it's a good idea. Hopefully this will also resolve the air traffic conflict between Germany and Switzerland... Kommentar: Startpiste frei
Re: conventional wisdom Anyone that invests in the airline industry right now either knows something the rest of the world doesn't (oil going back to $20bbl?) or is going to lose their money.
Re: conventional wisdom I remember reading in the Economist that the entire airline industry over its entire history has a net loss. Sachin
The situation in Europe is not as bad as in the US though, if United survives it will be partly Lufthansa and the Star Alliance having helped them...