RE: Stalwarts Holding List - I still hold 130,000 shares
I have 130,000 shares that I bought (then 1.3 million) at 1p (hence 10p), but what do you do at this stage? Take a heavy loss or ride with it with a potential gain a long way down the line or throw in the cards and 'take it like a man'..?
I think that you will find that many of the LC airlines have a high turnover of flight crews. They will also employ as pilots personnel who have significantly lower hours than is the norm in the 'Big Name Carriers'. But that is another component of the low-cost model.
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