£135million in profit. It doesn't seem like it's in too much of a mess.
And I'm sure BA thought the same in 2008 when they made £900m.
kats-i. You're being naive if you really think it right for us all to know all of the finer details.
I have the same opinion as you about the dividend. The majority of the cash should have been put away for the rainy day that will shortly appear over the horizon. The Airline Group knew what they were getting in to and management shouldn't have given in in the way they did, £15m would have been reasonable in the circumstances and the rest set aside or used for the pension.