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What's behind the recent collapse of airlines such as Monarch, Alitalia and Air Berlin? Is it a case of supply outstripping demand or is there a larger crisis looming? Will Ryanair's cancellation of thousands of flights do the company permanent damage? What's really happening to Europe's airline industry? Evan Davis and guests discuss. GUESTS John Strickland, Aviation consultant Peter Duffy, Chief Commercial Officer, EasyJet And Roger Flynn, Chairman, Loveholidays.com.