LJ makes the assumption that only MYT Airways would be affected. Stacks of MYT summer charter capacity is farmed out to third party carriers (2 million seats last year rings a bell). Monarch, Air Europa, Spanair etc would all feel some heat if MYT PLC failed. The other MYT products like Tradewinds, Cresta and Bridge offer scheduled flights to the long haul destinations. Not sure how many seats are bought on BA etc by these sub divisions, but bet it is not to be sneezed at! The fall out would be felt by loads of subcontractors, from the handling agents to cleaners, caterers, spares suppliers, Hallmark cars and so on. No doubt he still "hopes they go bust".
