Originally Posted by
FQTLSteve
Pete, I've just read your post and then scrolled down to Manchester. I know you'll have the answer, but given the loss of very similar scale of ops by Monarch at BHX and MAN why does BHX have a -3 figure for March whereas MAN has +3? So MAN have been able to not only make the loss up but grow as well.
As a percentage of total business Monarch formed a much smaller slice of Manchester's business than they did at BHX, so there was far less a shortfall to pick up; and Manchester is a bigger, more powerful player. And percentages can be misleading. You could earn £100,000- and take a 3% pay cut. You'd be down £3,000. I could earn £10,000 and take a 3% pay cut and only lose £300. I seem to have come out better, losing far less, but I had less to lose but you're still better off!!! That's statistics for you.