29-Oct-2009 3:05 PM
Economic downturn provides the right conditions for most LCCs: Germanwings
Analysis
Germanwings CEO, Thomas Winkelmann, stated the economic downturn has provided the "right growing conditions" for most LCCs, adding that Germanwings is in a good position, making in-roads into the UK market. The carrier has not been financially pressured by over-ordering aircraft.
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