I can accept that the pound's collapse last June makes life tough for an airline with £ revenues and $ costs. However every year businesses face significant challenges; despite the collapse in demand for Egypt, Turkey and Tunisia other airlines still turn a profit. A firm like Jet2 should be really hurting on this basis but they seem to be doing ok
Ultimately if a company is not making profits then it is burning capital and will eventually end up in deep trouble. So when will Flybe attain consistent profitability and just how rosy does the economy have to be ?