National airline, national economy

Malaysia Airlines had a 9% rise in revenue, but a RM1.17M loss altogether.  Analysts attribute the problem to:

• Overstaffing;
• "lopsided procurement contracts";
• abandon from investors;
• a "share-swap" deal that was deemed unlawful by the Malaysian Competition Commission.

I also hear that the public suspect corruption in the system to be another reason for the loss.

Of course, there is also the issue of rising fuel costs, but all airlines face this problem.

Qantas is also struggling to make a profit.  It is expected to announce job cuts when it makes its profit report.  But the analysis is different.

Qantas may:

• Sell off terminals;
• Borrow money from the Australian public;
• Cut jobs;
• Allow more foreign ownership to the airline.

Australians are also seeing a change in the manufacturing industry, as car manufacturers Holden and Toyota have recently announced that they will pull out of Australia.  Australia fears that the massive shift in the economy could affect the country adversely.

Are major airlines having a problem that can be solved?  What would the solution be?  Does every nation need to have a national airline?  Why, or why not?

Is there a silver bullet solution to the world's economic problems?