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Interesting point there rferguson.
BMI had some decent feeder routes into their own rag bag of mid haul routes and the Star Alliance. Look where they ended up (taken over).
I can’t see the situation is much different with VS. Their long haul network cannot compete with EK (Dubai), BA (US) etc and with their recently published financial results I can’t see it is sustainable.
Interesting as well LeTigre about the slots, I suppose it’s inevitable these days there would be some firm of EU interference on what they could be used for.