A few posters have made similar comments and I wonder what the factual basis is for them?
Perhaps RAT5's post is closest. I remember thinking along the same lines several years ago. Their business model was basically a shambles from around the time they went for the PMI hub and their acquisition of LTU. I remember, at the time, flying DUS-MAD-DUS in their European Business Class for €280.00, and thinking it won't last.