Philipat
I agree with you almost entirely.....
But AZ's business model is the same as most other legacy carriers - where AZ seem to fail is the inability to do it cost-efficiently....For whatever reasons, but mainly due to criminally high priced sub-contracted services ( as pointed out earlier ) which is not and never has been the responsibilty of the vast majority of AZ employees...
And I think I'd take issue with your seeming to stuff AZ crew in so many posts....We currently have two ex AZ crew sub-contracting and talking to them over a beer every now and then, they have managed to convince me ( at least ) that the T&C's for AZ crew are actually slightly worse than I know exist at BA / LH / AF-KL where I have many friends and business contacts...
So maybe less finger pointing at AZ aircrew and lots more finger pointing at the corrupt Politicos and Management in what is going to be a difficult time for lots of honest and hard-working employees at AZ...
Other than that - I think you're spot-on....