I would like to believe all that has been written in the last couple of posts- there are some good folk at 1T and it be a pity to see any of them out of work, although I’m sure that they would be sorted out pretty quickly.
Having worked for a brilliant airline ( Sun Air – the original one) and seen it go bust- even with money in the bank, I’ve come to realise that this business is a fickle one. Fundamentally the problem 1T has is its capacity for growth- look at what’s just happened- they had to flog 15% of the company and agree to lease the buyers aircraft just to get a bit of growth going. So what kind of deal is going to be done for the next aircraft?
The facts don’t lie, you cant operate on a shoe string- sad but true.