Well Rex, the vast majority of seats cost way above £170, that’s not to suggest the financial performance is well below what is required.
For at least the last 5 years the demise of NAS has been forecast by all manner of armchair accountants, but for now it’s still here. The long held view is that NAS will never be truly profitable until it stops expanding, that there is staggering waste is not disputed, so maybe slamming on the brakes might cause a change of direction.
Longer term my best guess is that it will be acquired by another major group.