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April 03, 2008


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I wouldn't be surprised if we see an equivalent of whats happening with the banks (Bear Sterns, Northern Rock, HSBC) but with Airlines. The growth cannot continue at this rate and something has to give. With several of the Spanish airlines finding business very difficult, I think that we'll see things get tighter, costs continue to climb and a bubble going to burst at some point later this year or early next.

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