From the Control Tower
A bad week for the LCCs in Europe
Long-haul LCC operations are hard. A pair of airlines - XL Airways and Thomas Cook - conceded defeat this week while Norwegian refinanced significant debt to extend its life just another year or two (pending profitable operations, of course).
On the plus side, watching the repatriation flights of "Operation Matterhorn" spin up quickly and bring tens of thousands of passengers home has been impressive. Unfortunately, the employees now out of work are unlikely to be taken care of quite as quickly.