Can those who say Scot Airways rarely make a profit please be more specific. I haven't a clue, have no vested interest in Scot Airways, but am just an interested poster and the repeated unsubstantiated assertion that they don't break even is starting to wear a bit thin.
Even if they 'rarely' make a profit, if they make a whopping one every third year, that's ok. I can imagine that opening new routes and resourcing them up front is a whopping expenditure and you need to take a long term view on when the assets start to return you cash.
Sounds like a great niche for a privately owned airline. It may be small and vulnerable, but who isn't?