Consolidating airline industry

The dominance of Europe’s established carriers is not down to state backing.

Now the former are growing faster than the market overall, using greater heft to cut costs.

It is true that numbers of major airlines have disappeared from the competitive marketplace.

It is also true that numbers of other airlines have grown newly significant.

Flybe, Europe’s largest regional airline, is barely hanging on.

Meanwhile, mature carriers these fledglings were meant to disrupt are flying high.

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