Avland,
The cheap fuel is only on Domestic routes, as our previous CEO said he could fill every aircraft on a Domestic flight and still not make money due to the fact that the Saudi Gov't cap the internal fares.
Hence we only really make money in International flights where no fare is capped.
As for the management, SPOT ON.
A banker and HR man who know nothing about airlines and a management team that do nothing except take the salary and rearrange the offices.
Company would be even worse except for Direc Safety who holds it togther, I take my hat off to him.