Lets face it there is not an airline Europe that is not in or about to be in a mess. To think otherwise is burying ones head in the sand.
£30 million profit in the UK for TC is great but put it in context, many of MYT's tour operators make a lot of money but if the group is throwing money out the window then all the company's in the group are put under threat no matter how well they are doing in isolation.
This is a very bad time for the industry, be it seat only or package, don't forget MYT have been in the seat only market for a while now, it is not the cure all it appears. The seat only market is getting as saturated as the package holiday market.
