OK "doing well" was loose language, they managed to turn an operating profit on a tight ship for a number of years then lost control of costs as focus was lost.
But, all those types have gone and been replaced by plastic planes, that do not require pilots..
Keep up with the times or die, personally the Virgin B787-9 was one of the nicest things I have yet to see in the PIK circuit with my own eyes, tis "plastic" but has two professionals up front. The accident rate of Sky Gods manually flying B707s and DC8s into the ground in those halcyon days of the jet age is frankly a blood stained piece of carnage modern CRM has almost put to bed. There is an argument we've gone too far in automation but the old pilots who took the reins of first generation jets were perhaps not best suited to fly them.
Really.
If they shut it then fair enough, Scotland has no capacity for heavy main deck freight whatsoever and both GLA/EDI are constrained.
Do you mean Hugh Lang perchance btw?