From Breakingviews - Breakingviews - COMMENTARY: EU airlines take slow route to US-style shakeout ↧ ↧ Breakingviews - COMMENTARY: EU airlines take slow route to US-style... A ​post-2008 M&A wave left ⁠four big US ​carriers. One question ​is when the fragmented European sector will consolidate. ​The Iran ​war may be less of ‌a ⁠trigger than it first seemed. Yet deals like the $8 ​bln ​easyJet ⁠buyout – and rising costs – augur ​a more ​rational, ⁠high-fare future.