From an economic standpoint, they seem to be doing an ok job of it..
it's a commercial environment. that is, customers have the choice to fly FR, they are not forced by any government dictum, nor is MOL standing over anyone, whip in hand, as they surf the internet looking for lift between x and y.
They are free to choose FR, EZ, BA, KLM, Air France, Big Bertha's Air Taxi and Flying school, whoever.