Originally Posted by
Icarus2001
Well it certainly was not crew wages that drove them into administration.
& how do you arrive at that idea ?
50% of the workforce at 75% of VA pay would make a huge difference(that's 37.5% of current staff costs), especially now fuel is so cheap, especially if any fuel hedging at low prices can be achieved.
With the new worldwide glut of aircraft, any sort of decent negotiator would be able to get a massive discount on aircraft leasing costs.
Airport handling would also be negotiated downwards.