Well compared to other airlines that didn't make the start line at least from what I hear and have seen every passenger that booked was refunded... albeit not without problems due to world ticket being the holder of the funds etc but they all got their money back and from this side of the fence there is still a lot of positive understanding - it was more a case of sh$t happens when you are trying to get others to put in - if the new Hedge takes over they are an instantly recognised brand associated with pots of money - and pots of money over here talks...
also the bottom line is if you want to ski here and or have a chalet here then it will be the quickest and easiest option from London along with Swiss - its not like its a saturated market and whilst they didn't start - they are still alive and can relaunch without much damage it seems - if the confidence of money is there all of the teething problems will be forgotten quickly enough!