BMI
So sad to see such a once great airline declining ! The management are the only ones to blame. In reply to flyme69 I think the answer is to get bums on seats by cutting costs and offering lower fares quickly. Most of BMI's loyal once loyal customers are now flying with low cost carriers such as Easyjet and Ryanair. These stats show an obvious decline in the companies profits:
plc figures (inc bmibaby)20002001200220032004
turnover
£739.2m£756.9m£723.8m£772m £830
passengers
7.1m6.7m7.5m9.4m 10.5
profit/(loss)
£8.2m£12.4m (£19.6m)(£9.8m) £2.1m
revenue passenger km (scheduled)
3836.8m4256m5303m6711m7246m
It will be interesting to see what will happen to this once great Airline ! !