When Holyman says that the percentge of Ferry sectors is not decreasing I guess he must be referring to the huge G4 fleet - seems like they keep ferrying to maintainance!
For the 'fleets' of aircraft thats well off the mark. A tour last month - 16 Sectors, 21 hours, 0.4 FERRY!!! LHR-LCY!! Admittedly thats more efficient than most, but nothing came close to that a few years back.
As for recession - everyone knows the Poor get poorer and the Rich (who, I think we fly!) get richer!