In my experience, pilots are the best people in the world to manage a crisis, but when it comes to relationships and choosing jobs they are pretty dire! What we can learn from this crisis is that no airline has a divine right to exist. The bottom line is that money-in must exceed money-out - if over a whole year your airline is not making a profit, however, small, you need to start worrying. If it happens a second time, you need to be very worried. There are always exceptions like Alitalia, who are perpetually baled-out by their even more skint government, but even they have tottered on the brink and kicked out numerous pilots.
PPRuNe does not enjoy a reputation for rational discussion, and many who contribute here write utter tosh. For those of you criticising the likes of Black and Brown, Wee Weasley Welshman and previously Alexander de Meerkat, take a look back at what they wrote and work out if what they were right in the light of subsequent events. I would humbly suggest that the three contributors mentioned have proven to be extremely accurate over a long period of time. You may have been offended at what they say but, love them or hate them, they have been proven right when many others were wrong. Perhaps their contributions are of significantly more value here than they are currently being given credence for.