Are we judging a company and its people to be guilty before it has taken any substantive actions ?
Perhaps better for the people and Government of the IoM who desire to make their own laws independent of the UK to decide what regulation they desire ? Or maybe wait until the company is seen to have engaged in unsafe practices before regulators shut it down ?
The CAA can make rules, inspect companies for compliance and if a travel-centric company breaks those rules the CAA can clobber them.... but the company should at least be given the opportunity to comply with those rules before forbidding them from even starting