Kwaj It's been almost 20 years since I had anything to do with IE, and then it was only peripheral. I would think 3 to 4 months at most would well and truly see BM come and go.....
It would be a fair bet that the national airlines of PNG, Solomons, Nauru and Tonga probably score
very highly against the following criteria:
Undercapitalised .... and/or
Trading at a loss .... and/or
Trading insolvent .... and/or
Have a deficite of shareholders funds .... and/or
Have old and/or tired aircraft .... and/or
Operate to a schedule influenced by politics .... and/or
Have a Board of political appointees .... and/or
Have the cash flow "tickled" occasionally.
If
"and" is the applicable word, I don't care if you are JC, the Pope, George W, Bagdad Bob and Woomera all rolled into one, you don't have a snow ball's chance in hell of ever making a commercial, viable and profitable airline.
Why would anyone submit themselves to such masochism, knowing
the result and outcome is totally, unalterably inevitable?
