Floundering or lost at sea or rudderless or adrift.

Take your pick!

High margins ... great! Instead let us celebrate lowest costs!

We are the lowest paid in the industry ... great margins too!

These great margins where supposed to fuel market disruption. Instead ELT has no plan in place to disrupt the market place other than Mint and ELT has already admitted that its growth is running out of steam.

The catch phase now is that a new route has to earn its way into the system by covering its cost of capital. Which is like saying - we are not expanding into new regions.