Self-inflicted?
Spy,
You give the press too much credit! Any failure of this company will be due almost entirely to poor decisions by MyTravel management, past, present & future! Even now they admit they have vastly underestimated the cost of restructuring, surprising probably all of the financial pundits. Interestingly, the turnover stayed much the same, slipping slightly down to £4.2bn from £4.4bn previously. Strangely, the share price has risen by 25% in early trading, nice investment gain for some! However, the £100 bond, due for payment in 2007, is now trading at only £17!
Now worth £50m, surely time for a bid!