So.....
The business plan, of their own admission is based upon:
-A major competitor going under.
-Exploiting staff of said competitor
-The hope that fire sale lease rates of aircraft would continue.
Then a major plank of your business plan doesn't eventuate....
And you continue to double down on your business plan, taking on more leases and routes.
Then let your bread and butter operator deteriorate meanwhile splashing the cash to acquire other options.
Then you bleed $1 million a week....
Who's fault is that?
Apparently not the Board or management of said operation....
