Just read all of this..................
https://assets.ey.com/content/dam/ey...-proposals.pdf
Having watched these events, from the inside, for nearly 10 years it felt like an accident report. I always wondered why Saad left so suddenly but a possible explanation is that he saw the the airline was heading for bankruptcy and proposed another huge reorganisation. The board wouldn't agree so off he went and their only idea was to appoint Christine O-W.
She was clearly unable to do anything meaningful hence those dreadful FY18/19 figures - which I had not seen before.
The bit that I still don't fully understand is where did all the revenue go? Flights were busy with some routes regularly full (every seat occupied) and no one would claim that crews were overpaid. Was just the EMB leases? I don't see that directors fees of £2 million is particularly high in relation to the turnover.
All in all a very sad end to a great "purple family" - you were a great bunch
Shame about the management...........