I think it is fair to state that PM has always run a tight ship, and the company has managed to survive for many years ina precarious business. Making nasty accusations about his parentage because the company no longer feels able to make money out of A300 operations, and they are planning to get out of those, says more about the writer than PM.
Think about it: we are in a heavily regulated capitalist society where entrepreneurs are expected to set up businesses and, against all the odds, succeed in employing more and more people every year.
Channex hav achieved that, and I don't think complaining about the departure of L188s and F27s, and now A300s, is at all valid. Channex might well have gone doen the plug-hole if they had stayed with these aircraft, and even if they hadn't, they would not have expanded and employed so many more pilots and cabin staff than they have.
Channel/Jet 2 are a success story, and they, and PM are due considerable credit.