what a fantastic idea! everything is in place. Keep it simply for operations only, no admin work. They would be quarantined their salaries and less chance of bailing. Treat it as a charter by the government. Hell of a lot cheaper. Cover salaries for those redundant for as long as ops happening. Then grant the working crew/staff and equal amount of paid time off
However legally I guess it can’t happen
Would be a bit like Alitalia. Incredible that they are still happily flying all over the place.