I think the point SWBKCB is that MME is just as much of a basket case as the others mentioned. Arguing about why and who and where is missing the point.
The point I was making was that if you are going to use facts to support an arguement, they should be accurate or you undermine your own arguement.
And it might look like this in 12 months time, but it won't be for the reason Flybe couldn't be saved - you're comparing expensive, leased oranges to fully depreciated apples.
And no - MME isn't.