 Poor decisions at senior and executive level, the end of the trooping and migrant contracts and economic difficulties had made British Eagle an increasingly unviable business.The ATLB and some industry peers regarded the firm as seriously undercapitalised and saw this as a major cause of financial instability.The management's refusal to contemplate a fundamental change in the way the business was run, including a change in the top management itself, undermined the confidence of Hambros Bank, the airline's main creditor, in its prospects.