The big news today is the meeting between Greece and the EU to resolve the crisis engulfing the Euro Zone. If the Germans are not willing to take an almighty hit to their finances then we can all expect a terrible financial storm far worse than 2007. European airlines on the main, other than premium travel, are still struggling and are still cutting back on schedules. Moreover take the time to look at the US market, especially the load factors of Delta, it has had a very impressive period and thus is a good barometer for assessing falls in demand

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