As HH6702 says - what would you do, if as chief commercial officer in an airline, you expected flights to go out with a 30% load factor and pax with tickets having paid bargain basement fares, AND you had a perfect excuse to cancel a swathe of loss-making scheduled flights without the CAA getting upset ? Would you really let the flight carry on or would you instead try to save the company's fast dwindling cash reserves in the hope of a better chance of the airline's long term survival ?