FS01 - Well said. Your comments spot on as ever.
We (the IoM) are a very small market. Too many seats on offer and all of us will ultimately be losers. I for one have no appetite to go back to the very expensive ticket prices of the '90s because one new aspirent airline bu**ers up the revenue of the incumbents. But if the incumbents start to take the pi** I'll be first in line to cheer on a newcomer. Catch 22, if you like.