GSM Growth & Future
The Independent report was complete rubbish.
GSM have issued a statement to Glasgow Herald confirming that it did not have to have a 'last-ditch' funding and there were no administrators. All a load of false statements and assumptions. This journalist should be forced to retract this article. GSMs legal team I'm sure will have something winging it's way to The Independent today.
On the positive side, GSM have been approached by a number of investors who want to invest in GSM. They have been in negotiations and have picked Halcyon Investments to grow the airline and have it continue to prosper.
GSM will be around for many years to come and can only get stronger with increased ACMI work and a good Summer 10 programme tailored to the demand expected for S10.