Stelios did a good job when hands on.
Perfect timing for him to be hands on.
Everybody is tightening their belts. Those that can squeze the tightest will still be here on the other side.
Low cost appear to have a problem. Their customer base is low paid? However, if you need to fly you need to fly. The low costs have great networks and businessmen still need to fly. If they keep service good and costs low there is nothing left to do. They also have some cracking good managers and a very lean structure.
The 25 strong stag parties might wain, but EZY will be there on the other side IMHO.