Mark11 Jun 2008 11:24
Funny you should say that; the buyers are honouring tickets that were booked and paid for before they took over. So, from their perspective, they are giving flights away. Shareholders should probably have been offered a rights issue. SIL has been hit by tough conditions - fuel and credit costs - while in its infancy. I think it is pretty sound over the long-term. Maybe I should take this one to the European Court of Human Rights...