Iceland Express done - Holiday Czeck Airlines grounded in KEF
Join Date: Aug 2000
Location: UK
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Feel sorry for the ordinary working people now unemployed, but wow! Will this finally stop this 'undertaker of the skies', the arrogant PH from ever being in a position to employ people again and con investors? No, thought not! Afraid Iceland was like the rest of the PIGS- when times were good and economies booming, it was so easy to think the country was 'wealthy'. It took a severe recession to shake out the wealth illusion and revalue currencies. Now all Iceland needs is to join the Euro to welcome colossal further unemployment.
Quite a record Palmi: Flyme, Sterling, Astraeus, IEX! What's your next party trick?
Quite a record Palmi: Flyme, Sterling, Astraeus, IEX! What's your next party trick?
Join Date: Mar 2003
Location: Switzerland
Age: 55
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Letting dodgy tour operators and "partners" be responsible for paying direct costs, the default of which can ground your own airplane is stupid. Tempting, for a cash-flow and tax point of view, certainly. But dangerous and stupid. 
