GoAround - I don't want to be harsh, therefore take the following comments as constructive criticism - your postings need to be accurate and not filled with exaggeration and halftruth.
Keep it simple, sarcasm and exaggeration do not always transfer well to the written word - just let the details speak for themselves.
I believe you may be correct about reducing services - though in my opinion a distinction needs to be drawn between the airline operation and the My Travel group, as the problem is more likely the number of holidays needing to be sold by the group, rather than a problem with the airline operation - afaik there are no details on the airlines profitability (or otherwise)
Crosswind's post explains the issues well.
The retirement of the DC-10s will aid cost control through reduction of types operated (this is fine so long as those rumoured 747s don't come along!)
As far as My Travel Lite - who knows - a number of new services for the winter, but my perception is that they aren't creating an lo-co identity of their own, and seem to be a part of the main group with an image of 'charter operator', though I'm sure BHX
members would be able to comment on this more fully
I don't like signatures...