Longer-term outlook brightens with proposed clickair-Vueling merger
Clickair, which transported its ten millionth passenger in Nov-08 in just over two years of operations, is set to benefit from its proposed merger with Vueling in a move aimed at rationalising competition in the cut-throat Spanish low cost market. The carrier’s outlook has also received a boost with the failure of four Spanish airlines within the past couple of months, although this reduction of competition could lead regulators to take a dim view towards any further market consolidation.
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