The figures mentioned were only ones that have been rumoured so obviously they may not be correct. If you think about the disaster of a season they had with the RJ's Dorniers etc then it would seem possible for them to have been in that sort of trouble. The chances are that now after several years of consolidation they are financially a much stronger airline. Because of this a recall of the loans may not be the end of the world for them. Its mentioned in previous posts that there is a lack of expansion. It is not always the only measure of sucess. Consolidating what they are good at would seem key to the future of EuroManx. Like Manx2 had the expansion onto Stansted which didn't work so they concentrated on Belfast and now have a massive part of the market!
