What do you think, which european carriers will face serious problems if a war in Iraq will occur?
I think that at least 1 major carrier will go belly-up.
My candidates are: BD
What are the options for these airlines?
I guess they would just die, or Lufthansa expands their 30% shares and runs them as a British subsidiary.
I doubt they'll die. I guess the Austrian government would do "a swissair" with them, huge public funds to rescue the national airline. An austrian failure would leave Austria without any big airline, as Austrian, Lauda & Tyrolean all belong to OS
. At least Tyrolean is profitable afaik. Another option would again be their Star Alliance partner Lufthansa to buy a stake and rum them as a subsidiary.
Could the Swiss government again help them out? I doubt it, the public would probably go mad if their government wants to spend billions on the airline just 2 years after the first failure. Could one of the Oneworld partners step in ? And another question is, do countries like Austria or Switzerland really need a big national airline, or could the majors from big countries just serve them?
My money would be on a bail-out by the Italian government, Italy needs their national carrier. How's the public attitude towards AZ
? Another option would be Air France, they seem to be in the financial situation to buy at least a stake in them.
Hm, I don't know. I guess they would just die, as FR
offers enough cheap flights to Britain. How close is the relation between EI
and the Irish? Imagine that, Ryanair as the Irish flagcarrier...