Befree I guess you will be celebrating if Silverjet did fail. Now tell me Befree, as you are clearly an expert in running an airline. Can you name a single airline that made a profit in its first year of operations? The truth is you know nothing.
The fact is that the airline has been earning revenue for less than one year but paying staff and bills for considerably longer. All that revenue has come mainly from one aircraft. Now they are expanding and revenue streams will grow considerably while costs will fall.
I seem to remember BA making massive losses not that long ago but what's this, they are still trading. According to the laws of Befree they should be dead a buried.