Ray 'doesn't' expect to see planes half empty because they will just sub contract less. As far a Pegusus is concerned, they are my preferred choice. The service, leg room and food are excellent. Problem with sub contracting flights is this: they do not always offer the same facilities. I'm flying on a Thomson flight although my holiday is with TC. Thomson do not offer meals or the bundles (meal, extra luggage & choice of seat £28), so that doesn't please me.