Brussels, 16/10/2009 (Agence Europe) - The European Low Fares Airline Association (ELFAA) took a stance on Wednesday 14 October in favour of strengthening mechanisms to prevent bankruptcy among airlines, rather than compensation measures after bankruptcy takes place. Speaking at the association's general meeting, ELFAA Secretary General John Hanlon called for a preventive mechanism to be established based on surveillance of the financial situation of airlines, mainly focusing on companies...