We will certainly need to see more business acumen at running regional airlines than they demonstrated whilst running the airline for the final 13 months or so of its previous existence. Fundamentally, people are just speculating as to where the money is to be made which will make the company so valuable at a stock market floatation. No one else seems to make any real money flying regionally in the UK. I remember a quote from Saad Hamad saying following the last floatation in 2010 they didn't make another profit again until 2016!