Yup, there is a lot of waste that can be nipped and tucked which would make the books look a bit healthier. However, as to fixing things, I agree that kneejerk reaction is the last thing we need. Flybe's business plan is sound, they know the route structure (particularly Gatwick) needs work and that they need to remain pro-active with future opportunities. The good thing is, this is their game, they've been doing it well for years.
The report looks pretty bleak but I believe, if they jusy keep doing what they're doing, synergise (I'm really sorry about that) where they can, dull perseverence will pay off.
Cup still half full.
