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Old 13th Jan 2012, 12:48
  #2021 (permalink)  
Tonyq
 
Join Date: Sep 2007
Location: Isle of Man
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Any comparison with 2010 is meaningless due to the volcanic ash and severe weather in November and December

These numbers showing the trend since 2005 are more interesting:-

2005
2006
2007
2008
2009
2010
2011
Full year
806656
789155
764440
763205
721620
682990
710791
December
64749
61922
63006
58689
58341
50201
58654


Bearing in mind that the massive runway expenditure was built on a business case which projected on-going growth, this is even more alarming.

Obviously the world wide economic situation wasn't foreseen, and we are where we are, but surely these numbers suggest the whole business model is failing and a proper review of the cost base, and an associated recovery plan, is now needed as a matter of urgency.
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