Europe's airlines: Losing money, carbon tax fighting

Two articles today, both from the International Air Transport Association annual meeting in Beijing, tell a tale of how Europe's financial woes are affecting airlines. The full story of how European airlines are expected to lose more than $1 billion this year can be found here. The second article, about airlines from around the world warning Europe that a trade war is in the offing if it presses ahead with its carbon-tax plan on carriers, can be found at this link.