Their long haul product was outstanding imo and it's a real pity that it looks as if Covid is going to wipe them out. In a 'normal' world I think they may well have pulled through, they seemed to be adjusting their pricing and schedules pre Covid to what might be considered more sensible (at...
Recently airlines (in general) have been making good money but I assume they then use that profit to either replace more aircraft, make other investments and pay larger shareholder dividends. They look at their debt and see that they can afford to pay the interest payments and so no problem...