This makes sense its more to do with Stobart running the BHD routes that Aer Lingus. If Stobart lose the franchise, Stobart will still have the Base at BHD will just need to find a new franchise partner run with. Though latest news is that, the CAA has withdrawn its decision to remove Flybe's operating license and route license because of the appeal by Flybe's administrators and the regulations adopted by the EU.
Though this was more to do Cyrus and Flybe's administrators. I have no idea if Stobart is still involved with this or not. I know that Stobart air was brought back only so that Stobart Air does not collapse or lose the franchise with Aer Lingus.
https://www.caa.co.uk/Commercial-ind...ing-decisions/