Bit of a shock £13m loss! Didn't think it'd be that bad a loss last year. Good thing is the Winter 07 was a huge success and Summer/Winter 08 bookings/revenue is ahead of expectations.
GSM are still strong otherwise they'd have wrapped things up end of S07. Good thing is that they have hedged fuel for most of S08. Possibility of Fuel Surcharge on longhaul only coming into force. Much the same for all longhaul airlines, VS, BA, etc.
The leasing will have brought in a lot of cash and there are future leases organised for W08. Most of the longhaul A/C will be leased out to Oman Air and AI over Winter. Keeping the B752ER for SFB flights.
I'm sure a flotation is on the cards for S09/10. TD is getting on in years and will probably want to float the company in the near future. A lot of tidying up going on with the Board - CEO employed, Engineering Dept set up, controls tightened internally, proper structure put in place, etc.
Fingers crossed for a strong short and longhaul programme for years to come.