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Visions and forecasts by Goldman Sachs on European airlines

New York, USA - Mergers and take-over to weather the current crisis of the sector

"Most of European airlines will not be able to lower unit costs or to increase revenues adequately for paying the capital. A process of mergers and take-over based on synergies seems to be the only way for the creation of value", Goldman Saschs said. Troubles of the whole sector are moving from the high oil price's crisis to the matter of revenues, that according to Goldam analysts, as regards particularly...

AVIONEWS - World Aeronautical Press Agency - 1094757

AVIONEWS - World Aeronautical Press Agency
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