Originally Posted by
cavokblues
Very, very crudely dividing their revenue by pax numbers gives them an average revenue per pax of £115. Not a bad effort on predominantly UK regional routes.
They've certainly got at least four pure freight aircraft and I thought did a lot more charter stuff too - could throw that calculation off quite quickly. If that is what they get though, then yes - it is a good effort.
Presumably if they thought selling to a direct rival was that obvious, they'd have picked up the 'phone before engaging expensive advisors. Logically, they've either already done that or don't see there's any point!