honest_man what's drivel about losing 200K a week? Are you disputing the figure? Or are you upset people don't support taxpayers forking out that sort of cash to support an unreformed and failed business model?
I support PIK but you and Wind Sock are not adding anything here. They could have B744s circuit bashing all day every day and still not balance the books the way things are now. Infratil messed things up massively and threw away a legacy that Stagecoach had already undermined. Wind sock you say you've "heard it before", but you're listening to people's real concerns. You can't just say "take it up with the government" as if they were not one and the same thing!!!!!
PIK3141 nailed it for you all if you'd bothered to stop long enough to understand. The current level of activity can and indeed has made money in the past if costs can be brought back down, however it is extraordainarily tricky to shrink a business to profitability. Most managament are taught to grow their way out of trouble.