Loganair are not in the same basket as Flybe. They deserve more support, at least just for their lifeline routes to the islands. They can ground everything else until such time as it is appropriate to bring them back. The people on these islands are already facing reduced ferry services too so there needs to be some way of them retaining some essential air links to bring them what they need and take them to the mainland if needed.
When Flybe collapsed Loganair took on some of their routes which they decided would work. They didn't start doing silly things like flying dash 8s into LHR and try to take on major carriers or try and model themselves as a kind of hybrid high fares, no frills airline either. Business orientated, PSO and secondary city routes at a reasonable frequency are what Loganair stepped in to take over. No one could have predicted this virus and how it would damage aviation, so Loganair are deserving of some help, in my opinion anyway.