Hehehe, spot on! Spot on D-ENIM!
Swissair went down due to total mismanagement, huge arrogance and with billions and billions of Swiss Francs in debt that it could no longer service on that fatal morning on October 1st 2001.
If that debt was all Crossair's fault then Crossair could have bought gold plated aircraft for that money and still have change to spare...
However, I'm definitely not out here to defend MS, he's definitely no saint in my eyes! Good riddance that Hello, with it's appalling T&C's and Pay to Fly schemes, went belly up! Those jobs, perhaps with the exception of a small core group with a permanent contract, are not real jobs anyway! If margins are that thin that you need people to pay for their type ratings and fly for free then companies like that are better off bankrupt!
Goodbye Hello!