Financial reforms are now being put in place and mergers and restructuring of government-linked companies are beginning.

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Despite cutting legacy costs through mergers, consolidation and restructuring, European carriers are still facing the heavy hand of regulation and government, adds Tyler.

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Booms also encourage mergers and acquisitions, a powerful tool for restructuring.

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Since then, the government has announced plans that should speed up corporate restructuring and make takeovers and mergers easier.

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The business world is always evolving in big ways and small (think: mergers, acquisitions, restructuring, etc.).

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