It will be interesting if any of the internal candidates get the ceo role. Given the way to joint has been managed the internal candidates cannot be anything except complicite with the incompetence, so it stands to reason that if an internal is appointed then more of the same will result.
If the major shareholders are prepared to dump money into the place then great, but a middle eastern airline who shall remain nameless has let their shareholdings in Air Berlin and Alitalia go by the wayside after they stopped being prepared to pour good money after bad, and their other major shareholding in India is reportedly close to running out of cash, so it wouldn’t seem impossible that they might get to the end of their rope at some point. Similarly with another major investor, from a nation to our north, being forced to divest themselves of assets because they are over extended, it also wouldn’t come as a great shock if they graciously declined the offer to tip in more cash.
So I would think the employees have a lot to fear from an internal getting the job. Would an external do a better job? Don’t know, it might be too late, who knows, but hopefully an external might have some perspective which is currently missing.