25 Quotes by Chris Avery

We are beginning to see the inevitable effect of a serious slowdown in U.S. growth washing over to Europe.

We have already had a sequence of downgrades from British Airways, Lufthansa has reduced its guidance once, and KLM has massively reduced its guidance,

Time is not infinite and the European Commission has banned further state aid.

There has been just enough activity on the big, new shiny aircraft front ... to keep both manufacturers feeling and talking very buoyantly about the future,

There's quite a bit of sense and synergy in putting them together.

The situation is still brittle, even though the Gate Gourmet dispute is nearly over and BA is back working. There remains the possibility things will erupt again.

The short-term threat from its balance sheet is no longer present, giving the management team time to implement their restructuring.

Other people in the airline are furious. That short strike has cost them a week's bonus.

A prolonged lack of catering would start to eat into premium. More important is the booking intentions of their best-paying passengers which is the premium cabins.