Aeromad - if one could claim in the bankruptcy court that Loganair was sonehow a successor company or otherwise legally related to bmir, then creditors of bmir might then be able to sue for the assets of Loganair as well. If AIL want to sacrifice bmir and retain Loganair, then they need to be able to justify to the judge that the 2 airlines are legally unrelated. The judge may well smell a rat anyway over bmir and Loganair, but if nothing can be proven then AIL will get what they want