No wonder they have not spun off the Frequent Flyer business yet, they can't afford to, it is propping the rest of the Company up.
Amazing, is the current management actually looking at the company from a long term perspective?
Flogging it off this year and adding $157m to the bottom line, would be the norm for most of the current crop of "greed id good" CEO's. Not to worry that next year the company would suffer a $100m loss as a result.