Joe, as much as I object to some of the behaviour of a certain CEO, the co has suffered very public incidents and can not be seen to bury this in the sand as if nothing happened....hence the verbose.
Basically what they are saying is what would happen in most airlines. 1 big screw up your demoted, next one your out.....the second would happening in the RHS?
I am also concerned at their continuous expansion....bremen....dusseldorf bases now. They are the doyen of the stockmarket but it just takes one smoking hole to screw it up. cia, knock, cork and the fast approach in the baltic were not pretty.