Definitley not gone bust. Spoke to crewing a few hours ago about my flights tomorrow. Also just completed training for the 757 and volunteered to help with recruitment of new cabin crew.
Were doing long haul 3 times a week, djibouti flights for Dallo airways, xmas trips to lapland, MOD flights to kabul and Kosovo along with the usual canaries, egypts etc.
We have however closed down the Glasgow base for the winter and may have stopped flying from regionals airports - that could be why you heared we had ceased flying