Originally Posted by
cabsav
8 million potential passengers and cherry pick the routes. so ryanair and easy will look to see what it profitable. And lets be honest, some routes would be.Thats why other airlines can step in. The original consortium may be now looking at the business model and think it cannot work in its present form. If I am wrong, why have they been posting huge losses and burning through hundreds of millions of pounds. I have been told Eastern have just leased two 190's. So easily and at short notice can get aircraft as these are already on their AOC. Why go through the connect saga? may have seemed a good prospect at the time but obviously not now.
As you say it may well appeared to have been a good move at the time but with the benefit of 20/20hindsight i think the owners have realised they have made a very big miscalculation and need to cut their losses PDQ