They are just getting their footing on this longhaul. A young airline like this will need time to adjust. They make mistakes sometimes, but they do learn from this. Give them a few years and they will be Massive!! A lot of people say that they are in a bad way, but this couldn't be further from the truth - they already have 7 main bases from S07: ABZ/MME/GLA/EDI/STN/LPL/MAN, and there is rumoured to be more on the way. They are making profit and are in the black, so things are looking rosey for Mr D. This airline will be around for a long time yet. However, they are getting so big for Mr D to manage don't be surprised if a floatation isn't on the cards within the next 2 years.
Jethros I think the B752s will be given flyglobespan titles, not in full icelandair colours. THe B752 that has the LPL titles on the tail is actually ours taken over from Icelandair and will stay in the GSM fleet.