<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Khoa Huynhuk:
Former Singapore Airlines CEO: "The international airline business is
notoriously unprofitable, yet no other business can boast of a larger
profusion of players. In a world of sanity, a company that constantly loses
money will go bankrupt or be acquired. But the aviation world is lunatic: in
it, every country must have its own airline, the airline cannot go bankrupt
- or hardly ever, for in many cases it will be kept alive by public funds -
and acquisitions are next to impossible. The result is endemic surplus
capacity and uneconomic pricing as desperate airlines price desperately to
fill empty seats", Cheong Choong Kong, 16 July.</font>
I don't see what there is to argue with here. These are not so much statements of opinion as simple facts!