What action did the regulator take and their justification for their actions or inaction as the case may be.....
Gravel Kit The regulator has nothing to do with the day to day running of an Airline's business or financial strength/weakness. The regulator is there to ensure the Airline complys with the conditions or their AOC and operate safely.
If I owned an airline the last mob I would turn to for business acumen would be CASA!