Val d'Isere - you're possibly being a little too pessimistic.
Swiss (no, I don't mean Swissair) were on the verge of bankruptcy not so many years ago. They have now been turned around and are performing reasonably well - at least compared to other European network airlines.
bmi might need some significant changes - but it should be possible to turn it around.
History teaches that economies always do bounce back eventually. Yes, the recession in the UK is a bit grim right now, but it won't last forever