I think the MME case was settled some time ago, last year I think.
Well the first decision was overturned on appeal, and that reversal itself was subject to appeal.
AFAIK that is the current situation.
Which leads to:
you were/are not likely to be aware of the circumstances both financial and operational that lead to the decision.
In relation to closing bases.
With respect to those whose job it is, or was, to make commercial decisions. If they had been correct at the time we wouldn't be having this discussion.
Waiting until summer of 2004 to try to expand, for example. Thereby having to sign up for punishingly expensive leases, and having to recruit anyone they could get their hands on at short notice. Even I could have done it better, and I'm just a driver.
On a positive note, a valid AOC, sound professional operations, good foothold on long term route structure. She's a going concern, and I hope there's a future.