In the very early days of aviation when a number of share floats were launched BEFORE the actual start of an airline some wag suggested that they were designed "to make money out of aviation without actually engaging in it".
We have seen the same kind of thing in recent years also with many proposed airlines never actually materialising.
At least this time we have operating airlines looking to float some time in the future and there are jobs in the industry. Let us hope that they DO in fact make money out of aviation but for shareholders and employees and not dodgy owners/managers by way of asset stripping and unethical accounting.
Judging by the performance of many companies of late there are no business ethics and the regulators suffer from a similar lack. Too often employees and shareholders are plundered by corporate "gunslingers". Meanwhile the government regulators (sherrifs) are too busy feeding at the trough.
[ 15 January 2002: Message edited by: pterodactyl ]</p>